Search For "bank of india"
RBI gives in-principle approval to Cygnet to operate as NBFC account aggre
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 18 (ANI): Fintech firm Cygnet on Tuesday said it has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator.
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RBI imposes monetary penalty on Cooperative Bank of Rajkot
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 2 lakh on Gujarat-based The Co-operative Bank of Rajkot for non-compliance with regulations related to awareness schemes.
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Fight against inflation will be dogged and prolonged: RBI
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
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RBI imposes monetary penalty on Meghraj Nagarik Sahakari Bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed monetary penalty on Gujarat-based The Meghraj Nagarik Sahakari Bank for non-compliance with certain directions of the central bank.
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RBI imposes monetary penalty on Rajgurunagar Sahakari Bank Limited
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 4 lakh on Pune-based The Rajgurunagar Sahakari Bank Limited on non-compliance with directions of the central bank on the interest rate and deposits.
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SC issues notice on Subramanian Swamy's plea for probe into role of RBI of
Updated : 3 years, 9 months ago IST
New Delhi [India], October 17 (ANI): The Supreme Court on Monday issued notice to the Reserve Bank of India (RBI) and CBI on a plea filed by senior BJP leader Subramanian Swamy seeking a CBI probe into the alleged role of RBI's nominee directors in bank loan fraud cases.
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RBI Guv says central bank taking measures to improve availability of digit
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 16 (ANI): The Governor of the Reserve Bank of India Shaktikanta Das on Sunday said the central bank has been taking progressive measures to improve the availability of digital infrastructure for banking services.
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Caller threatens to blow up SBI office in Mumbai, police initiate probe
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 15 (ANI): A call threatening to blow up the State Bank of India office in Mumbai's Nariman Point and kill the bank chairman was received at the branch, police said on Friday.
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India's retail inflation increases above tolerance for 3rd straight quarte
Updated : 3 years, 9 months ago IST
New Delhi [India], October 13 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter - nine straight months.
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RBI fails to meet inflation mandate; Sept CPI surges to 7.41 per cent
Updated : 3 years, 9 months ago IST
New Delhi [India], October 12 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter that would force the central bank to explain to the government the reasons for not bei
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SBI surpasses Rs 6 trillion AUM in residential home loans
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 12 (ANI): India's largest lender State Bank of India (SBI) on Wednesday said it has become the first financial institution in the country to surpass Rs 6 trillion in assets under management (AUM) in residential home loans segment.
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RBI cancels 'certificate of registration' of four NBFCs
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 12 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the 'certificate of registration' of four non-banking financial companies (NBFCs).
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