Search For "bank of india"
Inflation to stay at 2.7-3.2 pc in H2 of 2018-19, says RBI
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra), [India], Dec 5 (ANI): Assuming a normal monsoon in 2019, the Reserve Bank of India (RBI) on Wednesday said that inflation is likely to stay in the range of "2.7-3.2 per cent in H2 of 2018-19 and 3.8-4.2 per cent in H1 of 2019-20, with risks tilted to the upside."
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RBI pegs GDP growth rate at 7.4 pc
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra), [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Wednesday pegged India's gross domestic product (GDP) growth rate for the financial year 2018-19 at 7.4 per cent and 7.2 per cent in H2.
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RBI keeps repo rate unchanged at 6.5 pc
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra), [India], Dec 5 (ANI): In view of the "current and evolving macroeconomic situation" in the country, the Reserve Bank of India (RBI) on Wednesday decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. The decision wa
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Govt invoked Section 7 of RBI Act after Allahabad HC orders: Source
Updated : 7 years, 3 months ago IST
New Delhi [India], Nov 28 (ANI): The central government's decision to invoke Section 7 of the Reserve Bank of India (RBI) Act was taken in compliance with directions from the Allahabad High Court, a source confirmed.
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RBI, Centre should get into 'regular' dialogue: VP Naidu
Updated : 7 years, 3 months ago IST
New Delhi [India], Nov 28(ANI): Vice President of India Venkaiah Naidu on Tuesday emphasised that the Reserve Bank of India (RBI) and the Union government of India should have a regular and continuous dialogue between for the benefit of the citizens of the country.
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Neev Fund invests in Blue Planet to advance sustainable development in Asi
Updated : 7 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Blue Planet Environmental Solutions, an end to end waste management solutions company has announced that State Bank of India (SBI) backed Neev Fund has made a strategic investment in the company.
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FIRs against Chennai-based firm for causing Rs 364-cr loss to 3 banks
Updated : 7 years, 4 months ago IST
Chennai (Tamil Nadu) [India], Nov 24 (ANI): The Bank Security & Frauds Cell (BS&FC) of the Central Bureau of Investigation (CBI) has filed three FIRs against Chennai-based Best & Crompton Engineering Projects Ltd (BCEPL) for causing Rs 364 crore loss to three public sector banks in a fraudul
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The inside story of RBI board marathon meeting
Updated : 7 years, 4 months ago IST
By Shailesh Yadav
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Mallya's plea for stay on proceedings under FEO Act dismissed
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Bombay High Court on Thursday dismissed Vijay Mallya's appeal for a stay on proceedings under the Fugitive Economic Offenders Act (FEOA) on the pretext that the Appellate Tribunal for Foreign Exchange had ordered status quo in respect of attach
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Capital infusion in PSBs by December: Sources
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 22 (ANI): Government sources on Thursday said that capital infusion into Public Sector Banks (PSBs) are likely to take place by the end of 2018.
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RBI's new body to look into PCA issues
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India's (RBI) Central Board on Monday decided to constitute a Board for Financial Supervision (BFS) of the Central bank to examine the framework for banks under Prompt Corrective Action (PCA).
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ED attaches Rs 8.12 cr assets under PMLA
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 17 (ANI): The Enforcement Directorate (ED) has attached immovable properties and balances lying in banks accounts worth Rs 8.12 crore under Prevention of Money Laundering Act (PMLA ) in a case pertaining to illegal cash deposits during the demonetisation period in Bank
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