Search For "bank of india"
CCI imposes penalty on 7 entities for bid rigging in SBI tender
Updated : 4 years, 5 months ago IST
New Delhi [India], February 4 (ANI): The Competition Commission of India (CCI) on Friday said it has imposed financial penalties on seven entities for indulging in an anti-competitive agreement for the supply of signages for branches, offices, and ATMs of State Bank of India (SBI).
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Bank of India Q3 net profit rises 90 per cent to Rs 1,027 crore
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Bank of India on Friday announced its net profit has surged 90.02 per cent to Rs 1,027 crore in the third quarter of the current financial year when compared with the corresponding period of the previous year.
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RBI's Digital Rupee will help curb black money menace
Updated : 4 years, 5 months ago IST
New Delhi [India], February 4 (ANI): The proposed digital rupee to be issued by the Reserve Bank of India (RBI) starting from the next financial year will not only give a boost to the digital economy but also help curb the menace of black money, a senior finance ministry official said.
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RBI cancels licence of Independence Co-operative Bank Limited
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 3 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of Nashik-based cooperative lender Independence Co-operative Bank Limited and requested Commissioner for Cooperation and Registrar of Cooperative Societies, Maharasht
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Forex transaction on unauthorised ETPs will lead to penal action, says RBI
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 3 (ANI): The Reserve Bank of India (RBI) on Thursday cautioned the people not to undertake forex transactions on unauthorised Electronic Trading Platforms (ETPs) saying it may lead to penal action and loss of money.
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CBI books Hyderabad-based firm for causing loss of Rs 218.21 cr to SBI
Updated : 4 years, 5 months ago IST
New Delhi [India], February 2 (ANI): Central Bureau of Investigation has registered a case against a Hyderabad based company, its Managing Director, Director and unknown public servants for an alleged bank fraud based on a complaint from a State Bank of India (SBI) Stressed Assets Management
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Crypto's like Bitcoin and Ethereum will never become a legal tender: Finan
Updated : 4 years, 5 months ago IST
New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.
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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 5 months ago IST
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
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Indigo CEO welcomes announcement of issuing E-passport, introduction of di
Updated : 4 years, 5 months ago IST
New Delhi [India], February 1 (ANI): Lauding the Union Budget 2022-23 presented in the Parliament on Tuesday, Indigo Chief Executive Officer Ronojoy Dutta welcomed the new incentives of the government regarding issuing of E-passport and the introduction of digital currency by the Reserve
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30 pc tax on virtual digital assets will help regulate crypto, says Niti A
Updated : 4 years, 5 months ago IST
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
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75 Digital Banking units to be setup in 75 districts by scheduled commerci
Updated : 4 years, 5 months ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commerc
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RBI to issue digital rupee using blockchain in FY 22-23: Sitharaman
Updated : 4 years, 3 months ago IST
New Delhi [India], February 1 (ANI): To boost the Indian economy, the Reserved Bank of India (RBI) will be issuing a digital rupee using blockchain and other technologies in the Financial Year 2022-23, Finance Minister Nirmala Sitharaman told the Parliament on Tuesday.
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