Search For "bank of india"
Countries that use technology responsibly like India will shape future of
Updated : 4 months, 1 week ago IST
India's experience in digitisation shows that countries that harness technology with foresight and responsibility will not only adapt to change but shape it, T Rabi Sankar, Deputy Governor, Reserve Bank of India, said.
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India's forex reserves drop further, but still around record high of $704.
Updated : 4 months, 1 week ago IST
India's foreign exchange reserves declined by USD 5.623 billion in the week that ended October 31 to USD 689.733 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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SBI transformed from being in loss in 2018 to USD 100 bn company, due to r
Updated : 4 months, 2 weeks ago IST
The State Bank of India (SBI) has transformed from being in loss in 2018 to now becoming a USD 100 billion company due to the regulatory and structural reforms implemented over the past decade by Reserve Bank of India (RBI), stated Governor Sanjay Malhotra.
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SBI to divest 6.3% stake in SBI Funds Management via IPO
Updated : 4 months, 2 weeks ago IST
State Bank of India (SBI) on Thursday announced its decision to divest 3,20,60,000 equity shares, being equivalent to 6.3007 per cent of total equity capital of SBI Funds Management Limited (SBIFML) through Initial Public Offering (IPO), subject to regulatory approvals.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 2 weeks ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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India needs comprehensive policy to define Gold as Commodity or Money: SBI
Updated : 4 months, 2 weeks ago IST
India now needs a comprehensive policy on gold to clearly define whether gold should be treated as a commodity or money, and how customers should perceive it, stated a report by State Bank of India (SBI).
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Red Hat Celebrates Indian Leaders in Open Source at the APAC Innovation Aw
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], November 4: Red Hat, the world's leading provider of open source solutions, today announced the winners of the Red Hat APAC Innovation Awards 2025 for India. This year, Red Hat is celebrating Indian Bank, Tata Teleservices, Unity Small Finance Bank, and State Ba
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RBI may announce 25-50 bps rate cut amid softening inflation: Report
Updated : 4 months, 2 weeks ago IST
The Reserve Bank of India (RBI) may announce a rate cut of 25 to 50 basis points (bps) in the coming months as inflation continues to ease, supported by benign food prices and the impact of recent GST cuts, according to a report by Kotak Securities.
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India's forex reserves drop by $6.9 billion, still near record high of $70
Updated : 4 months, 2 weeks ago IST
India's foreign exchange reserves declined by USD 6.925 billion in the week that ended October 24 to USD 695.355 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India (RBI) latest 'Weekly Statistical Supplement' data showed.
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Meeting FY26 fiscal targets may be challenging amid weak tax growth: Union
Updated : 4 months, 2 weeks ago IST
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
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619th meeting of Central Board of Directors of Reserve Bank of India held
Updated : 4 months, 3 weeks ago IST
The Board assessed the emerging global and domestic economic landscape, including the evolving geopolitical and financial market developments and associated challenges.
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RBI completes Underwriting Auction for Rs 32,000 cr Govt. Bonds, Green bon
Updated : 4 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Friday announced the results of the underwriting auction conducted on October 31, 2025, for Additional Competitive Underwriting (ACU) of select Government securities.
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