Search For "bank of india"
SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC
Updated : 5 months, 3 weeks ago IST
State Bank of India (SBI) on Wednesday announced the successful completion of the divestment of a 13.18% (approximately) stake in Yes Bank Limited (YBL) to Sumitomo Mitsui Banking Corporation (SMBC), the state-owned lender said in a statement.
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Loan growth in India likely to pick up amid push from govt/RBI and stabili
Updated : 5 months, 3 weeks ago IST
Loan growth in India is expected to improve in the coming years supported by stabilising asset quality and policy push from the government and the Reserve Bank of India (RBI), according to a report by Nomura.
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RBI likely to cut rates by 25 bps each in Oct, Dec MPC; CPI may avg at 2.4
Updated : 5 months, 3 weeks ago IST
The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley.
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RBI issues detailed guidelines for Payment Aggregators, Gateways to boost
Updated : 5 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has rolled out detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs), to ensure safety, transparency and resilience in the fast-growing digital payments ecosystem.
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India's wholesale inflation to remain at 0.5% for FY26: Report
Updated : 5 months, 3 weeks ago IST
Wholesale Price Index (WPI) inflation in India is expected to remain subdued at 0.5 per cent for the rest of the current financial year, according to a report by Union Bank of India.
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RBI sets cut-off rates for underwriting commission in September 12 auction
Updated : 5 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Friday announced the results of its latest underwriting auction for government securities, fixing the cut-off rates for underwriting commission payable to primary dealers. The auction, held on September 12, 2025, covered two sets of government bonds with ma
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India's wholesale inflation likely turn positive in August after record lo
Updated : 5 months, 3 weeks ago IST
Wholesale inflation in India likely turned positive in August 2025, rising to 0.45 per cent year-on-year after recording a contraction of -0.58 per cent in July, according to a report by Union Bank of India (UBI).
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India's trade deficit likely narrowed MoM in August to USD 26.1 billion: U
Updated : 5 months, 3 weeks ago IST
India's merchandise trade deficit is expected to have reduced modestly in August 2025, according to a report by Union Bank of India.
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RBI raises Rs 14,900 crore through auction of state government securities;
Updated : 5 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of state government securities, through which six states successfully raised funds aggregating Rs 14,900 crore.
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RBI to auction dated securities worth Rs 28,000 crore on September 12
Updated : 5 months, 3 weeks ago IST
The Government of India has announced the sale (re-issue) of two dated securities worth Rs 28,000 crore through auction, to be conducted by the Reserve Bank of India (RBI) on September 12, 2025.
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Assam CM hails PM Modi's tribute to Bharat Ratna Bhupen Hazarika
Updated : 5 months, 3 weeks ago IST
Assam Chief Minister Himanta Biswa Sharma said that Prime Minister Narendra Modi will unveil a special coin made by the Reserve Bank of India in the memory of Dr. Bhupen Hazarika on September 13 during his visit to Assam. He also added that the PM will participate in a special tribute meetin
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India's forex reserves rise $3.5 billion to $694.2 billion in latest week,
Updated : 5 months, 3 weeks ago IST
India's foreign exchange reserves rose by USD 3.5 billion in the week that ended August 29 to USD 694.230 billion, driven largely by a rise in foreign currency assets and gold, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
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