Search For "bank of india"
RBI should take over PMC Bank, says SAD leader Sirsa
Updated : 6 years, 9 months ago IST
New Delhi [India], Oct 7 (ANI): Shiromani Akali Dal (SAD) on Monday demanded that the Reserve Bank of India (RBI) should take over the operations of the Punjab and Maharashtra Co-operative Bank (PMCB) and the money of account holders should be given back to them.
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SBI launches debit card EMI on PoS loans for consumer durables
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 7 (ANI): State Bank of India on Monday launched a debit card EMI facility under which consumers can opt for a monthly instalment tenure of 6 to 18 months.
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Reduction in repo rate to benefit people, industry: Javadekar
Updated : 6 years, 9 months ago IST
Lucknow (Uttar Pradesh) [India], Oct 5 (ANI): Hailing the Reserve Bank of India's (RBI's) decision to cut repo rate, Union Minister for Information and Broadcasting Prakash Javadekar said on Saturday that the government has asked banks to transmit accruing benefits to loan borrowers.
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Bandhan Bank, Gruh Finance to merge on October 17
Updated : 6 years, 9 months ago IST
Kolkata (West Bengal) [India], Oct 4 (ANI): Kolkata-based Bandhan Bank and Ahmedabad-based Gruh Finance said on Friday that all the regulatory hurdles have been overcome for their merger, with the National Company Law Tribunal (NCLT) clearing the scheme of amalgamation.
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Sensex drops 434 points after RBI cuts repo rate and GDP forecast
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
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RBI's dovish stance point to further rate reductions but lower GDP forecas
Updated : 6 years, 9 months ago IST
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
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Sensex turns red after RBI lowers GDP forecast to 6.1 pc
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
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RBI cuts repo rate by 25 basis points to 5.15 pc, reduces growth forecast
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
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RBI cuts repo rate by 25 basis points to 5.15 pc to revive growth
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
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Equities indices gain ahead of RBI policy rate decision
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices traded with healthy gains during early hours amid hopes of key interest rate cuts by the Reserve Bank of India (RBI) later on Friday.
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RBI imposes penalty on United Overseas Bank Limited
Updated : 6 years, 9 months ago IST
New Delhi [India], Oct 3 (ANI): Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on United Overseas Bank Limited (UOB) for its failure to comply with the provisions of Section 10B of the Banking Regulation Act, 1949.
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RBI enhances withdrawal limit for PMC Bank depositors to Rs 25,000
Updated : 6 years, 9 months ago IST
New Delhi (India), Oct 3 (ANI): The Reserve Bank of India (RBI) on Thursday enhanced the withdrawal limit for the depositors of Punjab And Maharashtra Cooperative Bank Ltd to Rs 25,000.
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