Search For "bank of india"
Bankers, realtors hail RBI's move to maintain accommodative policy stance
Updated : 5 years, 3 months ago IST
New Delhi [India], April 9 (ANI): Bankers and real estate experts have welcomed the Reserve Bank of India's (RBI's) decision to keep repo rate unchanged at 4 per cent amid rising Covid-19 cases in the country which is threatening a promising economic recovery.
Read More
Sensex up 460 points as RBI holds rates, JSW Steel gains 5.3 pc
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], Apr 7 (ANI): Equity benchmark indices gained nearly one per cent on Wednesday as the Reserve Bank of India kept repo rate unchanged at 4 per cent and maintained 10.5 per cent growth projection for FY22.
Read More
RBI enhances limit of maximum balance for payments banks
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.
Read More
RBI keeps interest rates on hold as Covid-19 cases surge, GDP growth forec
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.
Read More
Equity indices gain as RBI holds rates, Adani Ports up 2.9 pc
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): Equity benchmark indices gained marginally during early hours on Wednesday as the Reserve Bank of India kept key interest rates unchanged amid rising Covid-19 cases in the country.
Read More
RBI keeps key interest rates on hold as Covid-19 cases rise
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery after the three-day meeting of its monetary policy committee (MPC).
Read More
India's approach focused on strengthening intra-BRICS cooperation based on
Updated : 5 years, 3 months ago IST
New Delhi [India], April 6 (ANI): The Ministry of Finance said that India's approach is focused on strengthening intra-BRICS cooperation based on Continuity, Consolidation, and Consensus as India on Tuesday hosted the first meeting of BRICS Finance Ministers and Central Bank Governors virtua
Read More
RBI extends deadline for processing auto-debit payments by 6 months
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 31 (ANI): The Reserve Bank of India (RBI) on Wednesday extended the timeline for processing recurring online transactions by six months to September 30.
Read More
ED raids former UBI Chairperson in disproportionate assets case
Updated : 5 years, 3 months ago IST
New Delhi [India], March 26 (ANI): The Enforcement Directorate (ED) on Friday carried out searches at two premises belonging to former Chairperson-cum-Managing Director of United Bank of India (UBI) and former Executive Director of Canara Bank, Archana Bhargava for allegedly amassing disprop
Read More
Equity gauges down on weak global cues, Nifty PSU bank slips 2 pc
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], March 25 (ANI): Equity benchmark indices traded lower during early hours on Thursday following weak global cues amid concerns about rising coronavirus cases and extension of lockdown measures in some countries.
Read More
Supreme Court refuses to interfere with Central governemt, RBI's loan mora
Updated : 5 years, 3 months ago IST
New Delhi [India], March 23 (ANI): In a significant judgement, the Supreme Court on Tuesday refused to interfere with the Central government and Reserve Bank of India's (RBI's) loan moratorium policy, and refused to extend the six months loan moratorium period, which was envisaged by the Uni
Read More
Indian rupee to mostly trade sideways in 2021: Fitch Solutions
Updated : 5 years, 4 months ago IST
Singapore, March 18 (ANI): Fitch Solutions on Thursday revised its forecast for Indian rupee to average Rs 73.50 per US dollar in 2021, slightly stronger from Rs 75.50 per US dollar previously, which reflects its view for the rupee to mostly trade sideways over the course of year.
Read More