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CBI conducts raid as coins worth Rs 11 crore disappear from SBI vaults

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Coins worth Rs 11 crore went missing from SBI's Karauli branch in Rajasthan. CBI has since then raided 25 locations across Delhi, Jaipur, Udaipur and Dausa. Officials said Friday that the CBI searched 25 locations on Thursday in connection with a case in which coins worth Rs 11 crore went missing from the vaults of an SBI branch in Karauli, Rajasthan. The raids were carried out at the homes of approximately 15 former bank officials and others in Delhi, Jaipur, Dausa, Karauli, Sawai Madhopur, Alwar, Udaipur, and Bhilwara. The matter became known after a preliminary investigation revealed a discrepancy in the cash reserve at the State Bank of India (SBI) branch in Mehandipur, Karauli district, in August 2021. Alarmed bank officials hired a Jaipur-based private vendor to count coins worth Rs 13 crore, according to account books. To their surprise, the vendor discovered only 3,000 bags containing coins worth approximately Rs 2 crore, while over Rs 11 crore in coi...

Inspiring journey of sweeper turned SBI's Asst. GM: Pratiksha Tondwalkar

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Using pure guts and perseverance, Pratiksha Tondwalkar, a single mother from a lowly home, climbed the corporate ladder at State Bank of India (SBI). Here's an article on her inspiring journey from a sweeper to assistant general manager at SBI. After her husband passed away, Pratiksha Tondwalkar began working at a State Bank of India (SBI) office in Mumbai doing a small job when she was 20 years old.She had no idea that 37 years later, Tondwalkar she would be in a top role at the organisation. Tondwalkar worked as a sweeper before she had completed her education. She studied hard and put in a lot of effort because she was determined to make life better for herself and her kid. As a result, the largest lender in the nation has now promoted her to the position of assistant general manager. The tale of Tondwalkar is noteworthy in India's heavily male-dominated banking industry. Women, who are frequently socially restrained, have had to go above and beyond to advance...