Search For "bank of india"
Central bank's autonomy an accepted governance requirement: Finance Minist
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): Amid some media reports stating that Reserve Bank of India (RBI) governor Urjit Patel may consider resigning after an alleged rift with Union Finance Minister Arun Jaitley, the Finance Ministry on Wednesday clarified that the government holds "extensive consu
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SBI reduces daily cash withdrawal limit
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): The State Bank of India (SBI) has reduced the per day cash withdrawal limit for all Classic and Maestro Debit Cards holders from Rs 40,000 to Rs 20,000 with effect from Wednesday.
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Electoral Bonds to be available from November 1
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 27 (ANI): State Bank of India (SBI) in the sixth phase of sale has been authorised to issue and encash Electoral Bonds through its 29 authorised branches with effect from November 01 to 10.
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RBI Dy Governor Viral Acharya pitches for independence of central bank
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 27 (ANI): Reserve Bank of India (RBI) deputy governor Viral Acharya, while advocating for the independence of the central bank, said that if the government would not respect the autonomy of the bank it will incur the wrath of financial markets.
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Ludhiana: Couple dupes jeweller, purchases gold jewellery worth lakhs with
Updated : 7 years, 5 months ago IST
Ludhiana (Punjab), Oct 25 (ANI): A couple allegedly duped a jeweller in Ludhiana by giving him fake currency notes of 'Entertainment Bank of India' for the purchase of 56 grams of gold jewellery worth Rs. 1.90 lakh.
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CAG Mehrishi questions RBI over banking crisis
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 24 (ANI): Raising question over the monetary policy of the Reserve Bank of India (RBI) in the present banking crisis, the Comptroller and Auditor General of India (CAG), Rajiv Mehrishi asked what the "country's regulator was doing when the banks were lending huge amoun
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ASSOCHAM lauds RBI's move enabling NBFCs to tackle liquidity crunch
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 21 (ANI): The ASSOCHAM lauded the Reserve Bank of India's (RBI) move to incentivise banks which are enhancing credit lending facilities to non-banking financial companies (NBFCs) by easing liquidity norms and increasing the ceiling for lending to a single NBFC until De
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RBI opposes idea of independent payments regulator, issues dissent note
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 20 (ANI): The Reserve Bank of India (RBI) has released a dissent note on the Inter-Ministerial Committee for finalisation of amendments to the Payment and Settlement Systems (PSS) Act, 2007, and opposed the idea of forming an independent body to regulate pay
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RBI eases liquidity norms for banks
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
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Retail inflation picks up
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 12 (ANI): Increasing prices of fuel, cereal, clothing, footwear and depreciation of rupee has led to India's retail inflation rate pick up from 3.69 per cent in August to 3.77 per cent in September, 2018. Despite the increase, the inflation rate remains within the 4 pe
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RBI proposes VRR to attract long-term investment
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm
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Closing Bell: Sensex tanks 792.17pts
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): Market indices continued to extend losses in closing trade on Friday, following the announcement of the Reserve Bank of India's (RBI) bi-monthly monetary policy.
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