Search For "bank of india"
States, UTs to borrow over Rs 2 lakh cr from markets during Oct-Dec 2020 q
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Reserve Bank of India (RBI) on Wednesday announced that the quantum of total market borrowings by the state governments and Union Territories for the quarter October-December 2020 is expected to be Rs 2,02,242.35 crores an official sta
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India's current account balance records surplus of USD 19.8 billion in Q1
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): India's current account balance (CAB) recorded a surplus of USD 19.8 billion (3.9 per cent of GDP) in the April-June quarter (Q1) of 2020-21, Reserve Bank of India (RBI) said in a press release on Wednesday.
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RBI extends enhanced borrowing limit for banks under MSF till March 31
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): The Reserve Bank of India (RBI) has extended the enhanced borrowing facility provided to banks by six months to meet liquidity shortage till March 31, 2021.
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RBI postpones MPC meet on key interest rates
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has rescheduled the meeting of its Monetary Policy Committee (MPC) which was to be held from September 29 to October 1.
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RBI approves 3-member committee of directors to manage Lakshmi Vilas Bank
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.
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RBI authorises Vakrangee to manage Bharat Bill payments
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 25 (ANI): The Reserve Bank of India (RBI) has authorised non-banking company Vakrangee Ltd to manage services under the scope of Bharat Bill Payment System.
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RBI asks urban co-op banks to adopt robust cyber security infrastructure
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) on Thursday asked urban cooperative banks (UCBs) to bring their cyber security systems at par with other banks to combat online threats.
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RBI appoints AK Dixit as new administrator of PMC Bank
Updated : 5 years, 9 months ago IST
New Delhi [India], September 22 (ANI): Reserve Bank of India (RBI) has appointed AK Dixit, ex-General Manager of Union Bank of India as the new administrator of Punjab and Maharashtra Cooperative (PMC) Bank with effect from September 23.
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LS passes bill to amend Banking Regulation Act, Sitharaman says legislatio
Updated : 5 years, 10 months ago IST
New Delhi [India], September 16 (ANI): Lok Sabha on Wednesday passed a bill that seeks to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the necessity o
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Titan Company with SBI launches India's first contactless payment watches
Updated : 5 years, 10 months ago IST
Bengaluru (Karnataka) [India], September 16 (ANI/NewsVoir): The new normal has enforced upon an urgent need to bring about innovative & safer purchase solutions in the retail space.
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Lok Sabha takes up bill to amend Banking Regulation Act
Updated : 5 years, 10 months ago IST
New Delhi [India], September 16 (ANI): The Lok Sabha on Wednesday took up for consideration a bill to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the
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Economy showing sign of stability, but recovery to be gradual: RBI Governo
Updated : 5 years, 10 months ago IST
New Delhi [India], Sep 16 (ANI): India's economic recovery is likely to be gradual as the country is still reeling from the impact of coronavirus (Covid-19) and rising infections continue to pose a risk, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday.
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