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Expenditure on infrastructure may go up in Union Budget: SBI Chairman
Updated : 6 years, 5 months ago IST
New Delhi [India], Jan 31 (ANI): The Chairman of State Bank of India (SBI) Rajnish Kumar on Friday said that expenditure on infrastructure might go up in Budget 2020 to revive economic growth.
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SBI Q3 profit jumps 41 pc to Rs 5,583 cr as asset quality improves
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
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RBI imposes Rs 1 crore penalty on HDFC Bank
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 30 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs one crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms.
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SC reserves order on plea challenging RBI's ban on cryptocurrency
Updated : 6 years, 5 months ago IST
New Delhi [India], Jan 28 (ANI): The Supreme Court on Tuesday reserved its order on pleas challenging a Reserve Bank of India (RBI) decision, which barred banking services from dealing in any transaction linked with cryptocurrency.
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Complete your big-ticket purchases with a Bajaj Finserv Personal Loan
Updated : 6 years, 5 months ago IST
Pune (Maharashtra) [India], Jan 23 (ANI/BusinessWire India): The idea of borrowing money via an unsecured personal loan has become quite the norm in India.
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Delhi HC adjourns plea seeking enhancement of PMC Bank withdrawal limit
Updated : 6 years, 5 months ago IST
New Delhi [India], Jan 22 (ANI): The Delhi High Court adjourned the hearing on a petition seeking enhancement of withdrawal limits in Punjab and Maharashtra Co-operative (PMC) Bank.
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PMC Bank withdrawal restrictions based on its liquidity position, says RBI
Updated : 6 years, 5 months ago IST
New Delhi [India], Jan 21 (ANI): The Reserve Bank of India (RBI) on Tuesday told the Delhi High Court that restrictions imposed on withdrawal limits on Punjab and Maharashtra Cooperative (PMC) Bank customers is based on the bank's liquidity position and ability to pay its depositors.
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MP Man who earns 6K monthly served IT notice of over Rs 3 crore
Updated : 6 years, 5 months ago IST
Bhind (Madhya Pradesh) [India], Jan 16 (ANI): The income tax (IT) department has served a notice to a man who works at a private firm with a monthly earning of Rs 6,000 due to the transaction of Rs 132 crore made in his account.
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RBI redistributes portfolios of Deputy Governors
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 15 (ANI): The Reserve Bank of India (RBI) on Wednesday redistributed portfolios of Deputy Governors following the appointment of Michael Debabrata Patra to the post.
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Michael Patra takes over as RBI Deputy Governor
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra), Jan 15 (ANI): Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.
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South Central Zone Railway, SBI sign MoU for direct pickup of earnings fro
Updated : 6 years, 6 months ago IST
New Delhi [India], Jan 14 (ANI): South Central Zone (SCR) of Indian Railways and State Bank of India have signed a Memorandum of Understanding (MoU) for direct pickup of earnings at all 585 Railway stations over South Central Railway (SCR) Zone, according to an official statement.
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Michael Patra to be new Deputy Governor of RBI
Updated : 6 years, 6 months ago IST
New Delhi [India], Jan 14 (ANI): Michael Debabrata Patra has been appointed as the Reserve Bank of India (RBI) Deputy Governor.
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