Search For "bank of india"
Chitra Ramkrishna delegated powers to Anand Subramanian making him privy t
Updated : 4 years, 4 months ago IST
New Delhi [India], March 12 (ANI): In the National Stock Exchange co-location case, the Central Bureau of Investigation (CBI) stated that investigation has revealed that in pursuance to criminal conspiracy, the accused Chitra Ramakrishna (former CEO and MD, NSE), by misusing her official
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RBI bars Paytm Payments Bank from onboarding new customers
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 11 (ANI): The Reserve Bank of India (RBI) on Friday said it has banned Paytm Payments Bank from onboarding new customers with immediate effect.
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Assam govt, SIDBOI to develop joint fund to promote startup entrepreneurs
Updated : 4 years, 4 months ago IST
Guwahati (Assam) [India], March 11 (ANI): Assam government and Small Industries Development Bank of India (SIDBOI) have decided to develop a joint fund to promote startup entrepreneurs in the state.
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Banks should not use public deposits to finance risky projects, says forme
Updated : 4 years, 4 months ago IST
New Delhi [India], March 10 (ANI): Projects with implementation risks should normally be financed by the capital markets and not by banks using public deposits, N S Vishwanathan, Former Deputy Governor, Reserve Bank of India, said on Thursday.
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RBI says it has not authorised any third party for collecting fees for gri
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 9 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has not authorized any third party for providing support in grievance redressal of the central bank's regulated entities, as claimed in messages being spread through certain sections of the
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RBI launches UPI service for feature phones
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 8 (ANI): The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country.
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SBI, PHDCCI organise outreach programme to help SMEs in Punjab
Updated : 4 years, 4 months ago IST
New Delhi [India] March 5 (ANI): PHD Chamber of Commerce and Industry (PHDCCI) in association with the State Bank of India (SBI) organised an outreach programme in Amritsar to help small and medium enterprises (SMEs) in Punjab that have been affected by COVID pandemic.
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India's forex reserves dip by USD 1.42 billion to USD 631.52 billion
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 4 (ANI): India's foreign exchange (forex) reserves declined by USD 1.425 billion to USD 631.527 billion in the week ended February 25 due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday.
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Timing, communication key to effective monetary policy, says Shaktikanta D
Updated : 4 years, 4 months ago IST
New Delhi [India], March 4 (ANI): Amid growing pressure to increase policy rates to control inflation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday monetary policy is an art of managing expectations and central banks have to make continual efforts to shape and anch
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RBI launches inflation expectation survey of households
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 3 (ANI): The Reserve Bank of India (RBI) on Thursday launched a household level survey, which is aimed at capturing subjective assessments on price movements and inflation. The results of the survey provide useful inputs for monetary policy.
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PayU and VTEX join hands to offer merchants multiple local payment methods
Updated : 4 years, 4 months ago IST
New Delhi [India], March 3 (ANI/PR Newswire): PayU has collaborated with VTEX, one of the largest global digital commerce platforms, to offer multiple payment solutions to VTEX merchants. The unique integration by VTEX to support their merchants in India will provide businesses seamless acce
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RBI cancels licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakar
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 2 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it has failed to comply with the regulations and does not have "adequate capital and earnin
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