The DCW has issued a notice to the SBI for stopping a three-month pregnant woman from joining work. Swati Maliwal, the chairperson of the commission, termed the rule as 'discriminatory and illegal'. The panel asked SBI to explain the process of formation of guidelines and, provide names of officials who approved them. The decision is contrary to maternity benefits provided under the Code of Social Security, 2020, stated the commission.
Courtesy: NDTV India
In a bid to better the lives of marginalised rural people, the CSR arm of SBI, State Bank of India Youth for India (SBI-YFI), is offering a unique fellowship program. The organisation is accepting applications for an 11-month programme, where the candidates, after selection, will work in the field. Organised in a partnership with NGOs, the initiative aims to empower rural India by providing basic amenities like water and electricity.
Courtesy: Your Story
A recent report revealed that extreme weather poses a risk of over Rs 6.19 trillion at the Indian banks. The report cites major allocations by the banks to cement, coal, oil and power sector business which face peril of being affected by climate change induced cyclones, floods etc. Moreover, listing the proportional effects of erratic weather and eco-sensitive business on loan repayments, the study exposed the over-reliance and climate… read-more
Shri Ram Janmabhoomi Teerth Kshetra trust has amassed Rs 1,000 crore for the construction of Ayodhya’s Ram temple through a fundraising campaign started on January 15. Trust secretary Champat Rai informed that people across communities have made donations. Champat added that while 1.50 lakh Vishwa Hindu Parishad activists are mobilising funds from even remote villages, 37 deposit them in bank accounts. Reportedly, the temple trust possesses… read-more
Courtesy: Money Control
State Bank Of India on October 13 informed through twitter that their systems faced technical issues due to connectivity problems. Reportedly, a huge number of online transactions got delayed due to this issue. However, ATM and POS were not affected by the problem. While requesting customers to bear with them, SBI… read-more
Courtesy: Live Mint