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Digital transactions total Rs 131 lakh crore in Q1: Worldline India
Updated : 5 years, 1 month ago IST
New Delhi [India], June 10 (ANI): Digital transactions in the country during January to March stood at 93.7 crore in volume terms and Rs 131 lakh crore in value terms, Worldline India said on Thursday.
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Centre re-appoints Mahesh Kumar Jain as RBI Deputy Governor
Updated : 5 years, 1 month ago IST
New Delhi [India], June 9 (ANI): The Centre on Wednesday re-appointed former IDBI Bank managing director (MD) and chief executive officer (CEO) Mahesh Kumar Jain, as the deputy governor of the Reserve Bank of India (RBI) for a period of two years.
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Union Bank to pick up 9 pc stake in NARCL
Updated : 5 years, 1 month ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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PIL in SC seeking direction to Centre, RBI not to classify loan account as
Updated : 5 years, 1 month ago IST
New Delhi [India], June 6 (ANI): A petition has been filed before the Supreme Court by an NGO seeking appropriate directions to the Centre and the Reserve Bank of India (RBI) to issue a notification to all the banks to refrain from classifying any loan account as NPA for non-payment of EMI f
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Confident enough that all will revise their GDP growth projection to 10-10
Updated : 5 years, 1 month ago IST
New Delhi [India], June 5 (ANI): After the second wave of Covid-19 pandemic had hit the country hard, which led the Reserve Bank of India (RBI) reduce its Gross Domestic Product (GDP) growth projection by 1 per cent in the current financial year, Rajiv Kumar, Vice-Chairman, NITI Aayog on Sat
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Consumer confidence drops to record low: RBI survey
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Consumer confidence has dipped to a new low as the second wave of Covid-19 pandemic continues to take a toll on lives and businesses across the country, a new survey by the Reserve Bank of India (RBI) shows.
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Yamuna International Airport Pvt Ltd secures financing from SBI for develo
Updated : 5 years, 1 month ago IST
New Delhi [India], June 5 (ANI): The Yamuna International Airport Pvt Ltd (YIAPL) has received the final credit sanction for Rs 3725 crore from the State Bank of India (SBI) for the development of Noida International Airport (NIA), it said in a statement issued on Friday.
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As repo rates remain unchanged, invest in a Bajaj Finance Online FD
Updated : 5 years, 1 month ago IST
Pune (Maharashtra) [India], June 4 (ANI/NewsVoir): On June 4, 2021, RBI Governor Shaktikanta Das announced that repo rates and reverse repo rates would remain unchanged at 4% and 3.35% respectively.
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Sensex dips 132 points as RBI cuts GDP forecast to 9.5 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices closed lower on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates but cut FY22 GDP forecast to 9.5 per cent due to Covid-19 pandemic's impact on lives and businesses.
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BoI posts Rs 250 crore profit in quarter ended March
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Government-owned Bank of India said on Friday its standalone net profit for the quarter ended March totalled Rs 250 crore on the back of rise in other income and lower non-performing asset (NPA) provisions.
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RBI announces G-SAP 2.0 of Rs 1.2 lakh crore in Q2
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) said on Friday that another round of Government Securities Acquisition Programme (G-SAP 1.0) worth Rs 40,000 crore will be conducted on June 17.
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RBI introduces Rs 15,000 crore liquidity window for contact-intensive sect
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19's second wave on certain contact-intensive sectors.
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