Search For "bank of india"
RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance w
Updated : 4 years, 7 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets.
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RBI supersedes Reliance Capital board, to start insolvency process
Updated : 4 years, 7 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) on Monday superseded the board of directors of Reliance Capital Ltd (RCL) in view of the defaults by the company in meeting various payment obligations to its creditors and "serious governance concerns which the Board has
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CBI files FIR against pvt firm for cheating Bank
Updated : 4 years, 7 months ago IST
New Delhi [India], November 29 (ANI): The Central Bureau of Investigation (CBI) on Monday registered a case against a private firm and its directors on the allegations of cheating Union Bank of India to the tune of Rs 44.64 crore.
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RBI imposes monetary penalty on State Bank of India
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], November 27 (ANI): The Reserve Bank of India (RBI) by an order dated November 16 has imposed a monetary penalty of Rs 1 crore on the State Bank of India for contravention of section 19 (2) of the Banking Regulation Act, 1949 (the Act), informed RBI.
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Digital transaction charges row: No charges on digital transactions for ba
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], November 24 (ANI): Responding to the recent digital transaction row in the State Bank of India, the bank on Tuesday said in a statement that it does not charge any transaction fee from its Basic Savings Bank Deposit (BSBD) customers for digital transactions, inc
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ED attaches Rs 42.36 cr assets of Kolkata-based firm in bank fraud case
Updated : 4 years, 7 months ago IST
New Delhi [India], November 22 (ANI): The Enforcement Directorate (ED) on Monday attached 11 immovable properties worth Rs 42.36 crore of a Kolkata based company for defrauding State Bank of India to the tune of Rs 164 crore by availing loan on the basis of false documents, the agency said o
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Delhi police arrests man for cheating investors
Updated : 4 years, 8 months ago IST
New Delhi [India], November 19 (ANI): Delhi Police Economic Offences Wing has arrested one for allegedly cheating innocent investors of their money after inducing them to invest in his company and promising assured returns.
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India has potential to grow at reasonably high pace in post-pandemic scena
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], November 16 (ANI): India has the potential to grow at a reasonably high pace in the post-pandemic scenario, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday.
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BOI conducts 'customer outreach programme' in Delhi
Updated : 4 years, 8 months ago IST
New Delhi [India], November 13 (ANI): With an aim to take mainstream banking services to the people, the Bank of India has been conducting "Customer Outreach Programme" through its branches across the country to include more and more people in the mainstream banking and offer them banking se
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RBI initiatives will expand scope of investment in country: PM Modi
Updated : 4 years, 8 months ago IST
New Delhi [India], November 12 (ANI): Prime Minister Narendra Modi on Friday lauded the two innovative customer-centric initiatives of the Reserve Bank of India and said that these two schemes will expand the scope of investment in the country.
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New RBI schemes will give impetus to inclusive, responsive financial syste
Updated : 4 years, 8 months ago IST
New Delhi [India], November 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Friday said that RBI Retail Direct Scheme and Reserve Bank Integrated Ombudsman Scheme will provide further impetus to India's journey towards a more inclusive and responsive financial system.
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PM Modi to launch two innovative customer-centric initiatives of RBI today
Updated : 4 years, 8 months ago IST
New Delhi [India], November 12 (ANI): Prime Minister Narendra Modi is scheduled to launch two innovative customer-centric initiatives of the Reserve Bank of India (RBI) on Friday.
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