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These replies were given before by me also but without mentioning % of shares & attaching the PDF links and screenshots.😉Final words:
SBI
Central/ State govt own 56.92 % of SBI = Hence it is a Govt Company
SBICARDS ( Public Ltd Co)
SBI owns 68.64 % of SBICARDS = Hence it is also a Govt Company by virtue of being a sunsidiary of a Govt Company(i.e. SBI). as per Section 2(45) of the The Companies Act 2013
Even though they are seperate entities conduct their daily business on their own , the top level management is controlled by Govt which gives high level directions..
The daily operations will be conducted by the respective organisations officials who ultimately reports to the BOD which is appointed by the GOVT...
Annexure:
As per latest filings as on 31/12/2023 govt owns 56.92 % of SBI..
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Abhi wo samundar mein behosh pada hain 🤣
Yes that was done in Hindi and also these %s and attached official docs are FACTS, as you mentioned before..These replies were given before by me also but without mentioning % of shares & attaching the PDF links and screenshots.😉
In order to avoid...🤣
SBI Bank aur SBI CARDS ka jitna discussion yha chal raha hai utna to board members bhi nahi karte honge apni meeting me 😂
Its all because of BOB the bulider...
Dekhte dekhte 300+ comments ho gaye iss thread pe 🤣
Previously I had replied in English only whith the facts to clear the chaos, which was quite enough, then the commentator changed the language, so did I.Yes that was done in Hindi
Yes 💯and also these %s and attached official docs are FACTS, as you mentioned before..
SO there are is scope for individual interpretations, feelings etc... these just facts from their websites which were disclosed to the Stock Exchanges...
Yes bro, I do remember, which revealed the level of confusion & audacity to argue... on preconceived infos from some members. 🤣Its all because of BOB the bulider...
Someone asked me about BOB Rupay card for which I said I never looked into any GOVT Banks other than SBI CB card..
for this one gentleman replied SBI Is not a GOVT company... and rest is history...
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No, not at all. Firstly, collect the golds from the ocean.🤣
I suspect @panchabhut sir may work for one of these public sector banks , and he may not appreciate my words of Red-tapism in my comment.Yes bro, I do remember, which revealed the level of confusion & audacity to argue... on preconceived infos from some members. 🤣
Let's assume for a min., if he is working, so what?I suspect @panchabhut sir may work for one of these public sector banks , and he may not appreciate my words of Red-tapism in my comment.
If it is the case, then he is absolutely right in defending them because he works for them and he feels proud of his work and his employer .. nothing wrong in it.. This is just my guesswork.. I might be wrong..
He was also referring from the daily operations perspective in which there is some truth, because GOVT won't interfere in day to day activities..
Overall, now everyone knows about SBI and SBICARD corporate structure thouroughly....
Wait for few days. That fd thing is for other card .app me login ke lie bhi card number maang raha.. NTB
Some people complained about this.I am unable to make payment of more than 2k in single transaction. How to increase the this limit ?
If it's recently approved then wait for few days... earlier many had faced this issues.I am unable to make payment of more than 2k in single transaction. How to increase the this limit ?
On same merchant or different? Check transactions limit under card control/setting?Not able to make more than 2000 in single transaction.