Search For "bank of india"
In a big relief to exporters, SBI withdraws e-BRC charges
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 22 (ANI): In what can be termed as a major relief to exporters, the State Bank of India (SBI) has decided to withdraw charges levied on the issuance of Bank Realisation Certificate (e-BRC) for the export of shipments.
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GNPA, NPA expected to come down by March 31: SBI Chairman
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 22 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said that the gross non-performing assets (GNPA) and non-performing assets (NPA) of all the banks are expected to decline by March 31, 2020.
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Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,35
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 19 (ANI): Debt-ridden Ruchi Soya's resolution is complete with Yoga guru Baba Ramdev's Patanjali Ayurved depositing Rs 1,100 crore equity in a State Bank of India (SBI) escrow account to acquire the edible oil maker for Rs 4,350 crore.
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BoB shares slide by 2.9 pc after reports of under-reported bad loans
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
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NEFT transaction facility available 24x7, says RBI
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 16 (ANI): A bank account holder can now transfer any value of money online anytime with the Reserve Bank of India (RBI) allowing the National Electronic Funds Transfer (NEFT) facility available for 24 hours a day throughout the year starting Monday.
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SBI, KfW sign $277 million agreement for energy efficient housing programm
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 16 (ANI): State Bank of India (SBI) said on Monday it has signed a loan agreement with KfW, the German development bank, for 277 million dollars (about Rs 1,958 crore) for establishing an energy-efficient housing programme in India.
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RBI taking necessary actions to provide relief to customers: Anurag Thakur
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 15 (ANI): Commenting on the ongoing protests by the account holders of the Punjab and Maharashtra Cooperative (PMC) Bank, Minister of State (MoS) for Finance Anurag Singh Thakur on Sunday said that the Reserve Bank Of India (RBI) is taking requisite steps to
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Assam: SBI branches at Dibrugarh, Duliajan, Moran, Naharkatia are open on
Updated : 6 years, 7 months ago IST
Guwahati (Assam) [India], Dec 14 (ANI): The branches of State Bank of India (SBI) in Dibrugarh, Duliajan, Moran, Naharkatia, and Dibrugarh branch of United Bank of India (UBI) will remain open on Sunday.
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SBI reports bad loan divergence of Rs 11,932 crore for FY19
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
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BoB, BoI reduce MCLR across tenors
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned Bank of Baroda and Bank of India have reduced their benchmark lending rates across various tenors.
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Vakrangee partners with Union Bank of India for 20,000 banking BC points f
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 9 (ANI/PRNewswire): Vakrangee Finserve Limited, a 100% subsidiary company of Vakrangee Limited (VL) received approval from Union Bank of India for 20,000 Banking Business Correspondent (BC) point for Nextgen Vakrangee Kendra.
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Sensex slips 71 points as RBI holds repo rate, lowers FY20 growth forecast
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Equity benchmark indices witnessed volatile session and ended lower on Thursday after the Reserve Bank of India (RBI) surprised by keeping its interest rates unchanged.
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