Search For "bank of india"
Moody's again cuts India's GDP growth forecast for 2022
Updated : 3 years, 10 months ago IST
New Delhi [India], September 1 (ANI): Rating agency Moody's Investors Service has once again lowered India's economic growth forecast for 2022 to 7.7 per cent.
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Ex-UBI officer gets 2 years' rigorous imprisonment in bribery case
Updated : 3 years, 10 months ago IST
New Delhi [India], August 31 (ANI): In a bribery case of 2012, the Special Judge, CBI cases, Siliguri, sentenced Captain Kanwar Akashdeep Mahabir, then Security Manager, Union Bank of India, Regional Office, to two years of rigorous imprisonment with a fine of Rs 40,000.
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RBI launches Sept round of inflation expectations survey of households
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): The Reserve Bank of India (RBI) on Tuesday announced the launch of the September 2022 round of inflation expectations survey of households.
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Rupee recovers substantially a day after hitting record low
Updated : 3 years, 10 months ago IST
New Delhi [India], August 30 (ANI): Indian currency rupee recovered from Monday's sharp depreciation and fell from its new all-time low as the Reserve Bank of India likely stepped in to defend the fall.
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RBI imposes monetary penalty on Visakhapatnam Co-operative Bank
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 29 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 55 lakh on Visakhapatnam Co-operative Bank Ltd for violation of directions related to asset classification.
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Rupee Co-operative Bank will cease to carry on banking business from Sept
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 27 (ANI): Pune-based Rupee Co-operative Bank Limited will cease to carry on banking business from September 22, 2022, the Reserve Bank of India (RBI) has said.
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US calls for bolstering supply chain resiliency with trusted partners like
Updated : 3 years, 10 months ago IST
New Delhi [India], August 27 (ANI): US Deputy Treasury Secretary Wally Adeyemo has called for the bolstering of supply chain resiliency between "trusted partners" like the United States and India to maintain a free and open Indo-Pacific.
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Central Board of Directors of RBI meets in Jaipur
Updated : 3 years, 10 months ago IST
Jaipur (Rajasthan) [India], August 26 (ANI): The 597th meeting of the Central Board of Directors of the Reserve Bank of India was held on Friday at its regional office in Jaipur under the chairmanship of Governor Shaktikanta Das.
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BharatPe expands footprint to 400 cities across India: Reaches all-time hi
Updated : 3 years, 10 months ago IST
New Delhi [India], August 26 (ANI/PRNewswire): BharatPe, one of India's leading fintech companies for merchants, today announced that it has expanded its footprint to 400 towns and cities across India. The expansion is in line with the company's commitment to driving financial inclusion acro
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US Treasury official reaffirms deep economic ties with India, highlights o
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): A top US Treasury official has reaffirmed the deep economic ties between the United States and India and highlighted opportunities for working together to address shared global challenges like high and volatile energy prices.
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Strong economic growth gives RBI more room to hike interest rates: Report
Updated : 3 years, 10 months ago IST
New Delhi [India], August 25 (ANI): Strong growth prospects for the Indian economy will provide the Reserve Bank of India (RBI) with more room for further interest rate hikes, DBS Group Research said in a report on Thursday.
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American Express welcomes RBI move to lift restrictions, says India key st
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): After the Reserve Bank of India (RBI) lifted curbs on American Express Banking Corp enabling it to onboard new domestic customers, the financial services company on Wednesday said the move of India's central bank is the result of the company's s
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