Search For "bank of india"
RBI keeps repo rate unchanged at 4 pc
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): The Reserve Bank of India on Thursday kept the Repo rate unchanged at 4 per cent in view of the uncertain inflationary scenario.
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Equity indices gain ahead of RBI decision on interest rates
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices were in the positive terrain during early hours on Thursday ahead of the Reserve Bank of India's monetary policy that is expected to announce measures to boost economic growth amid rising COVID-19 cases.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 11 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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RBI approves appointment of Sashidhar Jagdishan as HDFC Bank's new MD, CEO
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): Reserve Bank of India (RBI) approves the appointment of Sashidhar Jagdishan as Managing Director and CEO of HDFC Bank.
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Record decline in securitisation volumes due to Covid-19: ICRA
Updated : 5 years, 11 months ago IST
New Delhi [India], Aug 4 (ANI): The securitisation volumes declined substantially in Q1 FY21 to Rs 7,500 crore from Rs 50,300 crore in Q1 FY20 primarily due to disruptions caused by the Covid-19 pandemic, investment information firm ICRA said on Tuesday.
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Bank of India clocks Q1 net profit of Rs 844 cr on lower provisions
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 3 (ANI): Government-owned Bank of India on Monday reported a net profit of Rs 844 crore in the April to June quarter, up 247 per cent from Rs 243 crore in a year-ago period.
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Govt working with RBI on industry's need for loan restructuring: FM Sithar
Updated : 5 years, 11 months ago IST
New Delhi [India], July 31 (ANI): The government is working with Reserve Bank of India (RBI) on the industry's need for restructuring of loans to absorb the adverse impact of COVID-19 pandemic, Finance Minister Nirmala Sitharaman said on Friday.
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SBI Q1 profit up 81 pc to Rs 4,189 cr on one-time gain
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported 81 per cent year-on-year jump in its net profit at Rs 4,189 crore for the quarter ended June compared to Rs 2,312 crore in the same quarter last year.
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 11 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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SBI Card, IRCTC launch co-branded contactless credit card on RuPay platfor
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): SBI Card and Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday launched a co-branded card on RuPay platform for secure and fast transactions.
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SBI providing USD 16 million liquidity support for local businesses in Mal
Updated : 5 years, 11 months ago IST
Male [Maldives], July 28 (ANI): The State Bank of India (SBI) is providing liquidity support of USD 16.20 million for local businesses and deferred loan repayment for over 200 retail accounts, the Indian High Commission in the Maldives said on Monday.
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Don't extend loan moratorium, able corporates not re-paying loans: Parekh
Updated : 5 years, 11 months ago IST
New Delhi [India], July 27 (ANI): Individuals and corporates having the ability to re-pay their loans are not doing so by taking advantage of the moratorium given by Reserve Bank of India (RBI), HDFC Chairman Deepak Parekh said on Monday.
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