Search For "bank of india"
IndusInd Bank shares jump 3 pc on re-appointment of Sumant Kathpalia as MD
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 16 (ANI): The share price of IndusInd Bank surged by around three per cent on Friday after the re-appointment of Sumant Kathpalia as managing director (MD) and chief executive officer (CEO) of the company.
Read More
SBI not a nodal bank for rupee trade with Russia, but just processing bank
Updated : 3 years, 10 months ago IST
New Delhi [India], September 16 (ANI): Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that were received from various banks, including Russian banks, for settlement of trade in rupees with proper RBI guidelines and other polic
Read More
Trade settlement with Russia in rupees to start soon: Export body presiden
Updated : 3 years, 10 months ago IST
New Delhi [India], September 15 (ANI): India will soon start settling trade with Russia in rupees as the State Bank of India has agreed to facilitate the process, the president of India's exporter group, Federation of Indian Export Organisations (FIEO), A Shaktivel told reporters on Wednesda
Read More
DHFL case: Delhi Court extends interim bail of Ajay R. Nawandar by four we
Updated : 3 years, 10 months ago IST
New Delhi [India], September 13 (ANI): A Delhi Court on Tuesday extended by four weeks the interim bail of Ajay Ramesh Nawandar, arrested in connection with an alleged bank fraud of Rs 34,615 crore by Dewan Housing Finance Corporation Limited (DHFL) on medical ground.
Read More
Interest rate hike in next MPC seen in 35-50 basis points range: SBI Resea
Updated : 3 years, 10 months ago IST
New Delhi [India], September 13 (ANI): Faced with elevated retail inflation in August, the Reserve Bank of India is expected to raise interest rates in the range of 35-50 basis points in its next monetary policy committee meeting, said SBI Research.
Read More
RBI imposes monetary penalty on Indiabulls Commercial Credit Limited
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.35 lakh on Indiabulls Commercial Credit Limited for non-compliance with certain KYC-related provisions.
Read More
Lyra Network India receives in-principle approval from the Reserve Bank of
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI/PNN): Lyra Network Private Limited, a fintech and paytech solutions platform, has received approval from the Reserve Bank of India (RBI) for Payment Aggregator (PA) Authorization.
Read More
India's forex reserves dip by $7.94 billion; hit the lowest level in 23 mo
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): India's foreign exchange (forex) reserves slumped by $7.941 billion to $553.105 billion for the week ended September 2, the lowest level in almost two years, the Reserve Bank of India (RBI) data showed.
Read More
RBI releases list of entities not authorised to deal in forex
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 7 (ANI): The Reserve Bank of India (RBI) on Wednesday released a list of entities that are not authorised to deal in forex and cautioned the general public not to undertake transactions on unauthorised platforms.
Read More
US Fed comments infused "substantial" volatility in global markets: RBI Go
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 6 (ANI): The commentary from the US Federal Reserve at the recently-held Jackson Hole conference on the future trajectory of US monetary policy has infused substantial volatility into global financial markets, said the Reserve Bank of India (RBI) Gover
Read More
India set to become 3rd largest economy by 2029: SBI report
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 3 (ANI): India has undergone a large structural shift since 2014 and is now the 5th largest economy overtaking the United Kingdom. India would surpass Germany in 2027 and most likely Japan by 2029 at the current rate of growth, State Bank of India (SBI
Read More
India's forex reserves drop by $3 billion to $561 billion
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 3 (ANI): India's foreign exchange (forex) reserves fell by $3.007 billion to $561.046 billion for the week ended August 26 dragged by a slump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
Read More