New Delhi [India], December 4 (ANI): The Central Bureau of Investigation (CBI) has registered a case against Delhi-based company Jay Polychem India Limited and others for alleged bank fraud in the State Bank of India to the tune of Rs 1,800 crores and carried out searches at three locations
Mumbai (Maharashtra) [India], Dec 4 (ANI): Equity benchmark indices closed 1 per cent higher on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged and upped its growth forecast to minus 7.5 per cent during FY21 from minus 9.5 per cent in the October review.
Singapore, December 4 (ANI): Fitch Ratings has affirmed State Bank of India's (SBI's) long-term issuer default rating at BBB-minus with a negative outlook.
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 4 per cent and maintained the policy stance at accommodative.
Mumbai (Maharashtra) [India], December 4 (ANI): Equity benchmark indices traded higher during early hours on Friday as the Reserve Bank of India (RBI) prepared to announce its bi-monthly monetary policy later during the day.
Pune (Maharashtra) [India], December 3 (ANI/NewsVoir): During recent months, the Reserve Bank of India has reduced the repo rate on multiple occasions, which resulted in banks lowering their interest rate on fixed deposit. With the upcoming Monetary Policy Meeting announcements on December 4
Mumbai (Maharashtra) [India], December 3 (ANI): The Reserve Bank of India (RBI) has asked private sector lender HDFC Bank to halt all its digital launches as well new sourcing of credit card customers temporarily.
Mumbai (Maharashtra) / New Delhi [India], November 27 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to State Bank of India (SBI), Life Insurance Corporation of India (LIC), Bank of Baroda (BoB), and UTI Trustee Company Private Limited (UTI) on sale of 25.53 per cent st
Mumbai (Maharashtra) [India], November 26 (ANI): The Indian economy has exhibited stronger than expected pick up in the momentum of the recovery, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday.
New Delhi [India], November 24 (ANI): Swadeshi Jagran Manch has written to Shaktikanta Das Governor Reserve Bank of India, saying protection of the beleaguered Lakshmi Vilas Bank could be done without compromising national interests.