Search For "bank of india"
RBI keeps repo rate, reverse repo rate unchanged
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent and 6.25 per cent, respectively.
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Market indices continue to plunge, all eyes on monetary policy
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): With all eyes on the Reserve Bank of India's (RBI) bi-monthly monetary policy, market indices continued to plunge on Friday afternoon.
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RBI repo rate likely to hiked
Updated : 7 years, 5 months ago IST
Mumbai [Maharashtra], Oct 3 (ANI): Market and financial experts are expecting a 25 basis point hike in the Reserve Bank of India's (RBI) repo rate.
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Write-offs don't lead to waivers, claims Jaitley
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 1 (ANI): Hours after Congress president Rahul Gandhi targeted the government for waiving off debts of "crony capitalists", Finance Minister Arun Jaitley in his blog post on Monday stated that write-offs by banks are not counted as loan waivers and are done as per the R
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Does ILFS mean I Love Financial Scams: Rahul asks PM Modi
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 30 (ANI): Congress president Rahul Gandhi on Sunday launched a scathing attack on Prime Minister Narendra Modi, alleging that the latter was bailing out the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) using funds from the State Bank of India (SBI)
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SBI approves sale of 4% stake in insurance arm
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 27 (ANI): State Bank of India (SBI) at its Executive Committee meeting of the Board approved the sale of 86.2 lac shares of Rs 10 each, summing up to four per cent stake in its subsidiary, SBI General Insurance Company Limited (SBI GI), for Rs 482 crore.
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Yes Bank pitches for extension of Rana Kapoor's term
Updated : 7 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): As the shares of Yes Bank continue to decline, the Board of Directors have sought an extension of incumbent founder and CEO Rana Kapoor's term in office.
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Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
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RBI, SEBI closely monitoring financial markets
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 24 (ANI): The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are closely monitoring recent developments in financial markets and are ready to take appropriate actions, if necessary, RBI's Chief General Manager, Jose J Kattoor, said on
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SBI appoints Prashant Kumar as CFO
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 17 (ANI): The State Bank of India (SBI) has announced Prashant Kumar as the Chief Financial Officer (CFO).
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Cabinet approves MoU on blockchain technology by Exim Bank
Updated : 7 years, 6 months ago IST
New Delhi [India], Sept 12 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for the Memorandum of Understanding (MoU) on collaborative research on distributed ledger and blockchain technology in the context of development of digital econom
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Centre ignored Raghuram Rajan's list of defaulters, claims Congress
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): The Congress on Tuesday accused the Narendra Modi government of not taking action against the list of defaulters mentioned by former Reserve Bank of India governor Raghuram Rajan in a report to the Prime Minister's office.
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