Search For "bank of india"
Shares of Lakshmi Vilas Bank jump 10 pc after merger talks with Clix Group
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 16 (ANI): Shares of Lakshmi Vilas Bank jumped by nearly 10 per cent on Wednesday morning after the troubled private sector lender said that mutual due diligence process for merger with Clix Group is substantially complete and both parties are in discussions
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CBI registers case against Mumbai-based private company for cheating SBI
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 14 (ANI): The Central Bureau of Investigation (CBI) has registered a case against a Mumbai-based private company and others including its Chairman and Director, for allegedly cheating the State Bank of India (SBI) of over Rs 338 crore.
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RBI asks banks to ensure automation of NPA identification
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 14 (ANI): The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems and ensure automation of non-performing asset (NPA) identification.
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Equity gauges end flat amid gloomy investor sentiment
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 11 (ANI): Equity benchmark indices closed at near-flat levels on Friday as investors remained cautious about adverse news flow of Covid-19 vaccine trials, simmering India-China geopolitical tensions and a sharp sell-off in US equities.
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Ind-Ra assigns UBI's tier 2 bonds AA-plus with rating watch evolving
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 11 (ANI): India Ratings and Research (Ind-Ra) said on Friday it has assigned Union Bank of India's (UBI's) tier two bonds an AA-plus rating and placed it on rating watch evolving (RWE).
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RBI issues new compliance guidelines for banks
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 11 (ANI): The Reserve Bank of India (RBI) on Friday issued new guidelines for banks to tighten their compliance functions and ensure that chief compliance officers (CCOs) follow the best industry practices as required by supervisory expectations.
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Sensex jumps 646 points, Reliance up 7.1 pc to hit record high
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): Equity benchmark indices were on an upswing on Thursday following a spurt in Asian markets with Reliance Industries and banking stocks leading the rally.
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SBI raises Rs 4,000 cr via AT1 bonds at a coupon of 7.74 pc
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): State Bank of India (SBI) has sold Rs 4,000 crore of the Basel compliant additional tier one (AT1) bonds at a coupon of 7.74 per cent.
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Weak global cues drag down equity indices, banking stocks suffer
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 9 (ANI): Equity benchmark indices closed in the negative zone on Wednesday following losses in Asian markets after yesterday's rout in Wall Street.
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Equity indices dip amid weak global cues, PSU banks and metals drag
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 9 (ANI): Equity benchmark indices traded lower during early hours on Wednesday following losses in Asian markets after yesterday's rout in Wall Street.
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India's largest bank modernizes its payment switching system with ACI Worl
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 8 (ANI/PRNewswire): ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, has modernized payments infrastructure for ATM and point-of-sale (POS) at State Bank of India (SBI), the country's largest
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Plea to extend moratorium, provide financial assistance to lawyers withdra
Updated : 5 years, 10 months ago IST
New Delhi [India], September 8 (ANI): A petition seeking direction to the Central government and the Reserve Bank of India to extend the moratorium period for repayment of term loans and credit cards for another 12 months and waive the interest for advocates during the period was on Tuesday
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