Search For "bank of india"
RBI keeps repo rate unchanged amid high inflation
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): The Reserve Bank of India (RBI) on Friday kept key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid gradual lifting of coronavirus (COVID-19) countrywide lockdown.
Read More
LVB gets an indicative non-binding offer from Clix Group
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 8 (ANI): Beleaguered private sector lender Lakshmi Vilas Bank (LVB) said on Thursday it has received an indicative non-binding offer from Clix Group for the proposed merger.
Read More
International payment gateway, DokyPay joins the Payment Council of India
Updated : 5 years, 9 months ago IST
New Delhi [India], October 8 (ANI/NewsVoir): With a vision to transform India into a digitally empowered society, DokyPay announced its membership with the Payments Council of India.
Read More
Punjab CM directs procurement agencies to pay pending dues of farmers
Updated : 5 years, 9 months ago IST
Chandigarh (Punjab) [India], October 7 (ANI): With the Reserve Bank of India on Wednesday sanctioning a Cash Credit Limit (CCL) amount of Rs 30,220.82 crore for procurement of paddy in the Kharif marketing season 2020-21 for the month of October, Punjab Chief Minister Captain Amarinder Singh
Read More
Fitch affirms Exim Bank at BBB-minus with negative outlook
Updated : 5 years, 9 months ago IST
Singapore, Oct 7 (ANI): Fitch Ratings has affirmed Export Import Bank of India's (EXIM) long-term issuer default rating at BBB-minus with negative outlook, mirroring the outlook on India's sovereign rating (BBB-minus/negative).
Read More
Dinesh Kumar Khara appointed as SBI chairman for 3 years
Updated : 5 years, 9 months ago IST
New Delhi [India], October 7 (ANI): Government on Tuesday appointed Managing Director, State Bank of India (SBI), Dinesh Kumar Khara as chairman of the bank for three years effective from October 7.
Read More
Economic recovery key to limiting Indian banks' loan losses: Fitch
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra), October 6 (ANI): Indian banks face a tough operating environment in the near term as stressed loans and write-offs increase as a result of the economic fallout from the coronavirus pandemic, Fitch Ratings said on Tuesday.
Read More
RBI to announce monetary policy on Oct 9
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 6 (ANI): The next meeting of Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) will be held from October 7 to 9, the central bank said on Tuesday.
Read More
Address policy constraints and glitches to boost growth: Exim Bank
Updated : 5 years, 9 months ago IST
New Delhi [India], October 5 (ANI): An immediate refund of Goods and Services Tax (GST) can increase the overall GDP by 2 per cent, exports by 7 per cent, aggregate imports by 6 per cent and overall employment by nearly 4 per cent, according to a new study by Export-Import Bank of India (Ind
Read More
SC dissatisfied with affidavit on moratorium, interest waiver; orders Cent
Updated : 5 years, 9 months ago IST
New Delhi [India], October 5 (ANI): Dissatisfied with an affidavit filed on two petitions, seeking an extension of the moratorium period on the repayment of loans and waiver of interest on "loans up to Rs 2 crore" in the wake of the COVID-19 pandemic, the Supreme Court on Monday directed
Read More
Centre, state consolidated fiscal deficit may touch 13 pc of GDP: SBI
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 1 (ANI): The consolidated fiscal deficit of the Centre and state governments may touch 13 per cent of GDP in the current financial year, State Bank of India's research report Ecowrap said on Thursday.
Read More
5 arrested for gold loan fraud worth Rs 2.91 crore in Telangana
Updated : 5 years, 9 months ago IST
Rangareddy (Telangana) [India], October 1 (ANI): Five people, including an assistant bank manager and a former bank manager of the Union Bank of India, were arrested by the Telangana Police for cheating the bank to the tune of Rs 2.91 crore by certifying imitation gold as genuine.
Read More