Govt. mulls withdrawing funds from SBI over Raidurg land auction dispute (opens original article in a new tab)

The Telangana government is considering withdrawing funds and services from SBI branches due to a dispute over a land auction, with SBI challenging the government's auction of a 5.09-acre parcel it claims to still own.

• State government considers withdrawing funds from SBI branches in Telangana over Raidurg land auction dispute
• SBI challenged the auction of 5.09-acre land in Raidurg Knowledge City, claiming it still owns the property
• Government alleges SBI violated terms of land allotment by not developing the property as agreed