Mumbai (Maharashtra) [India], Aug 31 (ANI): The Reserve Bank of India (RBI) will conduct additional special open market operations involving the simultaneous purchase and sale of government securities for Rs 20,000 crore in two tranches of Rs 10,000 crore each.
Mumbai (Maharashtra) [India], Aug 28 (ANI): At its meeting today, the Bank Board Bureau recommended the appointment of Dinesh Kumar Khara to the post of chairman of the State Bank of India.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Government-owned General Insurance Corporation of India (GIC Re) has appointed Managing Director and CEO of Bank of India Atanu Kumar Das as a director on the board with immediate effect.
Mumbai (Maharashtra) [India], Aug 28 (ANI): Equity benchmark indices traded half a per cent higher during early hours on Friday with the start of September futures and options series.
New Delhi [India], Aug 27 (ANI): The Centre on Thursday gave two options for compensating states on the Goods and Services Tax (GST) to bridge revenue shortfall as the economy faces a prospect of contraction in current fiscal year due to COVID-19 crisis.
Amaravati (Andhra Pradesh) [India], Aug 27 (ANI): An ambulance was gifted and handed over to the Andhra Pradesh police by the State Bank of India (SBI) on Thursday.
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
New Delhi [India], Aug 27 (ANI): The Delhi High Court stayed Insolvency & Bankruptcy Code (IBC) proceedings against Anil Ambani in matter pertains to a personal guarantee given by him against a loan taken by Reliance Communications Ltd (RCom) and Reliance Infratel Ltd (RITL) from Stat
Mumbai (Maharashtra) [India], Aug 27 (ANI): While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context of COVID-19 lockdown, the resolution framework is expected to give a durable relief to borrowers facing the pandemic-related stress, Gove
New Delhi [India], Aug 26 (ANI): Congress leader Rahul Gandhi on Wednesday hit out at the Centre over the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic and said that "distractions through media will not help the poor".
Singapore, Aug 26 (ANI): Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3.
Mumbai (Maharashtra) [India], Aug 25 (ANI): Declining capacity utilisation, weakening of consumption demand and overhang of stressed balance sheets are restraining new investments, the Reserve Bank of India (RBI) said on Tuesday while calling for wide-ranging reforms to regain losses due to