Search For "bank of india"
RBI releases expert panel report on resolution framework for COVID-19 rela
Updated : 5 years, 10 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India on Monday released the report of Expert Committee under the chairmanship of KV Kamath which was constituted to make recommendations on the required financial parameters to be factored in the resolution plans under the 'Resoluti
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SBI says plans to recruit 14,000 employees this year, proposed VRS a cong
Updated : 5 years, 10 months ago IST
New Delhi [India], September 7 (ANI): State Bank of India (SBI) on Monday said it has plans to recruit more than 14,000 employees this year and noted that media reports about 'On Tap VRS' scheme have been interpreted as a cost-cutting measure but it had been thought to provide a "congenial"
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SBI's VRS scheme cruel as economy has collapsed: P Chidambaram
Updated : 5 years, 10 months ago IST
New Delhi [India], September 7 (ANI): Congress leader P Chidambaram on Monday slammed the reported State Bank of India (SBI) plan to implement a voluntary retirement scheme (VRS) at a time when the economy has collapsed and called it cruel.
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Moody's cracks down on five Indian public sector banks
Updated : 5 years, 10 months ago IST
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
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Equity indices head downwards, metal and banking stocks drag
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 4 (ANI): Equity benchmark indices extended early losses on Friday and closed the week with deep cuts across all sectors.
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RBI issues revised PSL guidelines to increase credit penetration
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 4 (ANI): The Reserve Bank of India (RBI) on Friday issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers besides weaker sections.
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Equity indices dip 1 pc on weak global cues, banking stocks crack
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 4 (ANI): Equity benchmark indices traded lower by over one per cent during early hours on Friday in line with weak global cues.
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FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 10 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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Delhi HC adjourns to September 8 plea to extend moratorium, provide financ
Updated : 5 years, 10 months ago IST
New Delhi [India], September 3 (ANI): The Delhi High Court on Thursday adjourned to September 8 hearing on a petition seeking direction to the Central government and Reserve Bank of India (RBI) to extend the moratorium period for repayment of term loans and credit cards for another 12 months
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Crisil assigns AA-plus, A1-plus ratings to PNB debt instruments
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Crisil has removed its rating on the long-term debt instruments of Punjab National Bank (PNB) from rating watch with developing implications and reaffirmed it at AA-plus and AA-minus.
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Equity indices in the green, PSU banks on low swing
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Equity benchmark indices traded marginally higher during early hours on Wednesday with IT stocks gaining ground but public sector bank slipping due to profit booking.
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Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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