Search For "bank of india"
Harsha Bangari takes charge as Managing Director of India Exim Bank
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): Harsha Bangari has taken over as the Managing Director of Export-Import Bank of India (India Exim Bank).
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RBI enhances scope for card-tokenisation services
Updated : 4 years, 10 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India (RBI) on Tuesday enhanced the guidelines on card tokenisation services to improve the safety and security of the payment system.
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CBI arrests absconding accused in Bank Fraud Case
Updated : 4 years, 10 months ago IST
New Delhi [India], September 3 (ANI): The Central Bureau of Investigation (CBI) arrested a private person in bank fraud cases on Friday. The accused was absconding and a Look Out Circular was issued against him in the year 2018.
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RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
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SBI raises Rs 4,000 crore via AT1 bonds
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 1 (ANI): State Bank of India (SBI) said on Wednesday it has raised Rs 4,000 crore of Basel compliant additional tier 1 (AT1) bonds at coupon rate of 7.72 per cent.
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Global economy 'not yet out of the woods', warns RBI Governor Shaktikanta
Updated : 4 years, 10 months ago IST
New Delhi [India], August 31 (ANI): Stating that there are signs of recovery, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday warned that the global economy is "not yet out of the woods" amid the ongoing COVID-19 pandemic.
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Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities
Updated : 4 years, 10 months ago IST
Singapore, Aug 30 (ANI): Moody's has assigned B1(hyb) rating to Axis Bank Ltd GIFT City branch's proposed USD-denominated, undated, non-cumulative and subordinated additional tier 1 (AT1) capital securities being issued out of its global medium term note (GMTN) programme.
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Few takers for restructuring 2.0 amid demand recovery: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): Barely one per cent of eligible companies in the portfolio of Crisil Ratings have opted for or are contemplating the debt restructuring facility offered by the Reserve Bank of India (RBI) under its resolution framework 2.0, a survey of 4,700 com
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RBI recognise Small Finance Banks' contribution towards underserved sectio
Updated : 4 years, 10 months ago IST
New Delhi [India], August 27 (ANI): Deputy Governors of Reserve Bank of India (RBI) MK Jain and M Rajeshwar Rao held a discussion with the MD and CEOs of all eleven Small Finance Banks (SFBs) on Friday through video conference and recognised their contribution towards financial inclusion by
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Sitharaman chairs 2nd BRICS Finance Ministers, Central Bank Governors meet
Updated : 4 years, 10 months ago IST
New Delhi [India], August 26 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman virtually chaired the second meeting of BRICS Finance Ministers and Central Bank Governors (FMCBG) along with Governor Reserve Bank of India, Shaktikanta Das under Indian BRICS Chairshi
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Public Sector Banks report healthy profits, accelerated technology-driven
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 25 (ANI): The Union Finance Ministry on Wednesday informed that public sector banks have reported healthy profits and have accelerated on technology-driven reforms.
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India Inc credit outlook turns positive, upgrades rise: Crisil
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Crisil Ratings has revised the credit quality outlook of India Inc for fiscal 2022 to positive from cautiously optimistic earlier, predicated on a sustained recovery in demand after the blip caused by the second wave of Covid-19 afflictions in the
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