Search For "bank of india"
Banks cannot employ bouncers for loan recovery: Anurag Thakur in LS
Updated : 7 years ago IST
New Delhi [India], July 1 (ANI): No bank has the power to appoint musclemen for recovery of loans, and recovery agents have to be appointed according to the prescribed norms, Minister of State for Finance Anurag Thakur said on Monday.
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Current account deficit narrows to $4.6 billion in Q4 FY19: RBI
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], June 28 (ANI): India's current account deficit (CAD) totalled 4.6 billion dollars or 0.7 per cent of the GDP in the fourth quarter (January to March) of 2018-19, the Reserve Bank of India (RBI) said on Friday.
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RBI issues clarifications on data localisation circular
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The Reserve Bank of India (RBI) has issued clarifications on certain implementation issues sought by payment system operators on the data regulations.
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RBI advises banks to accept coins of all denominations
Updated : 7 years ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) has advised all banks to immediately direct all their branches to accept coins of all denominations.
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RBI introduces 'Complaint Management System'
Updated : 7 years ago IST
New Delhi [India], June 24 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday launched "Complaint Management System (CMS)", a software application to facilitate RBI's grievance redressal processes.
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Dy Governor Viral Acharya resigns due to unavoidable personal circumstance
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term "due to unavoidable personal circumstances," said the central bank on Monday.
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RBI Dy Governor Viral Acharya resigns 6 months before term ends
Updated : 7 years ago IST
New Delhi [India], Jun 24 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term, reports said on Monday.
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NCLT admits insolvency plea by SBI against Jet Airways
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways.
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ED conduct searches at various places in Maharashtra against VAPL, VACL in
Updated : 7 years ago IST
Nagpur (Maharashtra) [India], June 20 (ANI): Enforcement Directorate (ED) conducted searches at various places at Pune, Ratnagiri, Sangli and Nagpur in Letter of Credit (LCs) fraud case of Bank of India involving Varron Aluminum Pvt. Ltd and Varron Auto Comp Pvt. Ltd. The searches were condu
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RBI penalises HDFC Bank for violating KYC norms
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Jun 19 (ANI): The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC Bank for violation norms relating to know-your-customer (KYC), anti-money laundering and reporting of frauds.
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Lenders to begin insolvency proceedings against Jet Airways
Updated : 7 years ago IST
New Delhi [India], June 18 (ANI): Insolvency proceedings against Jet Airways are likely to begin this week as a consortium of lenders led by the State Bank of India (SBI) failed to find a buyer for the beleaguered airline.
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RBI to focus on growth when inflation is under control: Das
Updated : 7 years ago IST
Mussoorie (Uttarakhand) [India], June 17 (ANI): Amid global slowdown and weakening trade, the Reserve Bank of India (RBI) has been striving to boost economic growth in the country when inflation is under control, its Governor Shaktikanta Das said on Monday.
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