Search For "bank of india"
RBI signs document for extending USD 400 million currency swap facility to
Updated : 5 years, 11 months ago IST
Colombo [Sri Lanka], July 25 (ANI): Reserve Bank of India on Saturday signed necessary documents for extending a USD 400 million currency swap facility to Central Bank of Sri Lanka.
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Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Bank
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], July 25 (ANI): Partha Pratim Sengupta, Deputy Managing Director and Chief Credit Officer at State Bank of India, has been appointed as the new Managing Director and Chief Executive Officer of Indian Overseas Bank.
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Sri Lanka signs $400mn currency swap facility with RBI to meet short term
Updated : 5 years, 11 months ago IST
Colombo [Sri Lanka], July 24 (ANI): Sri Lanka on Friday signed a USD 400 million currency swap agreement with India's Reserve Bank of India (RBI), valid till November 2022, to meet short-term international liquidity requirements following the economic crisis resulted from COVID-19.
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India's financial system remains sound despite Covid-19 crisis: RBI
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): A combination of fiscal, monetary and regulatory interventions on an unprecedented scale has ensured normal functioning of financial markets in response to Covid-19, the Reserve Bank of India (RBI) said on Friday.
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RBI's balance sheet swells to Rs 54 lakh crore since mid-Feb: Motilal Oswa
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): The Reserve Bank of India's (RBI's) balance sheet has increased by about Rs 9.5 lakh crore since mid-February when the first-long term repo operation (LTRO) was conducted to Rs 54 lakh crore, Motilal Oswal Financial Services said on Friday.
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Banks NPAs set to rise, must raise capital to build resilience: RBI Govern
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday that the central bank asked public and private sector banks to chalk out plans and keep adequate capital ready to deal with shocks that may come due to the coronavirus pandemic.
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COVID-19 biggest test of financial system's resilience: RBI Governor Das
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has taken several measures to protect the country's financial system and support the economy after COVID-19 crisis, Governor Shaktikanta Das said on Saturday.
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RBI alleviating liquidity stress to offset COVID-19 impact on economy
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has cut the repo rate by 250 basis points since February 2019 to alleviate liquidity stress and provide financial stability in the economy, said Governor Shaktikanta Das on Saturday.
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RBI Guv to deliver keynote address at 7th SBI Banking and Economic Conclav
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], July 10 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das will deliver the keynote address at the 7th SBI Banking and Economic Conclave tomorrow, July 11.
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PNB reports Rs 3,689 crore exposure to DHFL as fraud
Updated : 6 years ago IST
New Delhi [India], July 10 (ANI): Government-owned Punjab National Bank (PNB) has reported a fraud of Rs 3,688.58 crore in the non-performing asset (NPA) account of non-banking financial company Dewan Housing Finance Ltd (DHFL) which is in bankruptcy proceedings.
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Yes Bank's Rs 15,000 crore FPO to open on July 15
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], July 9 (ANI): Private sector lender Yes Bank said on Thursday it has filed documents for its follow-on public offer (FPO) to raise Rs 15,000 crore in a bid to strengthening its balance sheet.
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FIR against Chennai-based firm, its directors for cheating SBI of over Rs
Updated : 6 years ago IST
Chennai (Tamil Nadu) [India], July 7 (ANI): Central Bureau of Investigation (CBI) has filed an FIR against Chennai-based Thangam Steels Limited and its directors for allegedly cheating State Bank of India (SBI) to the tune of over Rs 88 crore.
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