Search For "bank of india"
SAVE Solutions expands its CSP Services to Ladakh, UT
Updated : 3 years, 11 months ago IST
New Delhi [India], August 19 (ANI/NewsVoir): To facilitate better financial inclusion and to connect the unbanked to the financial systems, SAVE Solutions has opened 3 CSP branches in Kargil and 1 Leh in partnership with the State Bank of India.
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RBI seeks public feedback on changes in payment systems
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 18 (ANI): The Reserve Bank of India (RBI) has invited feedback from the public on the various changes proposed in the payments system, including the possibility of imposing tiered charges on transactions done through the Unified Payments Interface (UPI).
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Stock exchange seeks clarification from SBI on distressed loan sale
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 16 (ANI): BSE Limited on Tuesday asked the country's largest lender State Bank of India (SBI) to issue a clarification on media reports regarding the sale of Rs 1,622 crore of distressed loan.
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SBI initiates insolvency proceedings against Bajaj Hindusthan Sugar
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 16 (ANI): The country's largest lender State Bank of India has initiated insolvency proceedings against Bajaj Hindusthan Sugar Limited, the company informed the stock exchanges on Tuesday.
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SC notice to Centre, RBI on plea seeking creation of centralised online da
Updated : 3 years, 11 months ago IST
New Delhi [India], August 12 (ANI): The Supreme Court on Friday issued notices to the Centre, Reserve Bank of India (RBI) and others on a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased
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Centre re-nominates 4 independent directors on central board of RBI
Updated : 3 years, 11 months ago IST
New Delhi [India], August 12 (ANI): The central government has re-nominated Satish Kashinath Marathe, Swaminathan Gurumurthy, Revathy Iyer, and Sachin Chaturvedi as part-time, non-official directors on the central board of the Reserve Bank of India.
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Bank credit grows 14.5 per cent as on July 29, shows RBI data
Updated : 3 years, 11 months ago IST
New Delhi [India], August 11 (ANI): Bank credit grew 14.5 per cent year-on-year as on July 29, data released by the Reserve Bank of India on Wednesday showed.
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RBI releases first set of norms for digital lending
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 10 (ANI): The Reserve Bank of India (RBI) on Wednesday released the first set of norms to regulate digital lending to crack down on the growing number of online frauds and unlawful activities.
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Gold -- a source of return on investments amid monetary policy tightening:
Updated : 3 years, 11 months ago IST
New Delhi [India], August 10 (ANI): Against the backdrop of monetary policy tightening by several central banks including the Reserve Bank of India, gold as an asset may offer investors a source of return on their investments and effective diversification of the portfolio, said World Gold Co
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RBI imposes monetary penalty on Goa State Co-operative Bank
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 8 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 2.51 lakh on the Goa State Co-operative Bank Ltd, Panaji, for non-compliance with certain provisions of the Banking Regulation Act.
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SBI shares slump 2.4 per cent on disappointing Q1 earnings
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 8 (ANI): The share price of State Bank of India (SBI) slumped on Monday after the country's largest lender announced 7 per cent decline in its standalone net profit for the quarter ended June 30, 2022.
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CBI held bank manager for demanding bribe
Updated : 3 years, 11 months ago IST
New Delhi [India], August 8 (ANI): The Central Bureau of Investigation (CBI) held a branch manager of the Central Bank of India in Uttar Pradesh for allegedly demanding a bribe to allow the deceased's son to withdraw money from his father's account who died during COVID wave.
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