Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
Bad news for SBI as India's largest govt bank suffers Rs 44935 crore loss in 5 days due to...
Update / Judgement Date
12 Jan 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Banking
The State Bank of India (SBI) suffered a significant loss of INR 44,935 crore over five days due to a market decline. This sharp downturn in SBI’s market capitalization has raised concerns about the impact of market fluctuations on public sector banks. The loss underscores the vulnerabilities of large banking institutions in times of market instability, with experts suggesting the need for better risk management strategies.
