Search For "bank of india"
RBI caps bank dividend payouts at up to 75% of profit, tightens prudential
Updated : 9 hours, 16 min ago IST
The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.
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CreditAccess Grameen Advances Inclusive Growth With USD 75 Million Syndica
Updated : 9 hours, 15 min ago IST
Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, quali
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SBI launches $500 million social loan to boost women's economic empowermen
Updated : 9 hours, 13 min ago IST
State Bank of India (SBI) has launched a USD 500 million syndicated social term loan facility, focused exclusively on women empowerment, with a greenshoe option.
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Multiple states to borrow Rs 45,960 crore through RBI SGS auction on March
Updated : 9 hours, 13 min ago IST
The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 45,960 crore through the auction of State Government Securities (SGS), scheduled to be conducted on March 10, 2026.
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RBI to conduct Rs 1 lakh crore OMO purchase auctions in two tranches on Ma
Updated : 9 hours, 13 min ago IST
The Reserve Bank of India (RBI) has announced that it will conduct Open Market Operation (OMO) purchase auctions of Government of India securities worth Rs 1,00,000 crore in two tranches to manage liquidity and financial conditions.
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RBI issues draft review framework to safeguard fraudulent digital transact
Updated : 9 hours, 13 min ago IST
Reserve Bank of India (RBI) has issued draft Amendment Directions for 'Review of Framework of Limiting Customer Liability in Digital Transactions'.
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Finkurve Financial Services Limited (Arvog) gone live with Godrej Finance
Updated : 9 hours, 13 min ago IST
Mumbai (Maharashtra) [India], March 6: Finkurve Financial services Limited (BSE: 508954 / NSE: FINKURVE), among leading Tech-first Gold Loan NBFC, announced that the Company has gone live with a strategic co lending partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capita
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State Bank of India inducts 5,783 junior associates; Intends to onboard 16
Updated : 9 hours, 12 min ago IST
State Bank of India inducts 5,783 Junior Associates to strengthen branch banking services nationwide, the bank announced on Thursday. The recruitment aims to bolster customer service and branch operations across various States and Union Territories. According to a press release from SBI, the
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RBI Deputy Governor gives 'career compass' to IIM Jammu students, asks the
Updated : 9 hours, 10 min ago IST
Reserve Bank of India (RBI) Deputy Governor Swaminathan J outlined a three-part "career compass" for management students at the Indian Institute of Management, Jammu, urging them to build leadership grounded in discipline, integrity and customer focus as India advances towards Viksit Bharat
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RBI allots Rs 44,330 cr in state bond auction; cutoff yields range between
Updated : 9 hours, 10 min ago IST
The Reserve Bank of India (RBI) announced the results of the auction of State Government Securities (SGS) held on March 2, 2026, with total allotment amounting to Rs 44,330 crore against a notified amount of Rs 43,130 crore. According to the RBI, competitive bids worth Rs 2,07,027.237 crore
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Despite downward revision in nominal GDP, India's fiscal dynamics remain c
Updated : 9 hours, 10 min ago IST
Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised estimates (RE) during April-January FY26, according to a report by Union Bank of India.
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India forex reserves drop by $2.11 billion to $723.608 billion in week tha
Updated : 9 hours, 9 min ago IST
India's foreign exchange reserves dipped USD 2.119 billion in the week that ended February 20 to USD 723.608 billion, after having reached a new all-time high recently, according to the Reserve Bank of India's latest data.
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