Search For "bank of india"
RBI staff to go on mass casual leaves over pension issues
Updated : 7 years, 7 months ago IST
Hyderabad (Telangana) [India], Aug 21 (ANI): The United Forum of Reserve Bank Officers and employees has announced that its members will observe two days mass casual leave on September 4 and 5, in a bid to press for their long-pending demands over pension related issues.
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MSME worst hit by GST, Demonetisation, says RBI study
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 18 (ANI): A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and Services Tax (GST) roll-out and Demonetisation, which had a significant impact on the overall credit of t
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SBI posts Rs 4,876 crore net loss for Q1
Updated : 7 years, 7 months ago IST
New Delhi (India), Aug 11 (ANI): The State Bank of India (SBI) on Friday posted a net loss of Rs, 4,876 crore in the first quarter ended on June 30, 2018. The bank has also stated that it has kept aside the mark-to-market provision of Rs, 5,900 crores and not used the dispensation provided b
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RBI to transfer Rs 50,000Cr surplus funds to Centre
Updated : 7 years, 7 months ago IST
New Delhi (India), Aug 8 (ANI): The Reserve Bank of India (RBI) on Wednesday announced the transfer of surplus funds amounting to Rs 50000 crore for the year ended June 30, to the Government of India.
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SBI launches unified payment terminal- MOPAD
Updated : 7 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 08 (ANI): State Bank of India (SBI) on Wednesday launched the Multi-Option Payment Acceptance Device or MOPAD, a unified payment option that accepts multiple payment methods.
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S Gurumurthy, Satish Marathe appointed to RBI board
Updated : 7 years, 7 months ago IST
New Delhi [India], August 8 (ANI): The Centre has appointed Rashtriya Swayamsevak Sangh(RSS)-affiliate Swadeshi Jagaran Manch co-convenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the Central Board of the Reserve Bank of India (RBI).
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Parliamentary panel calls to simplify processing of LC's
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): The Parliamentary Standing Committee on Commerce on Monday said that the Reserve Bank of India (RBI) did not make enough consultations before discontinuing the issue of the Letter of Understanding (LoU)/Letter of Comfort (LoC) while terming the move as a `knee
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Anantnag: 2 CRPF personnel injured in grenade attack
Updated : 7 years, 7 months ago IST
Anantnag (Jammu and Kashmir) August 3 (ANI): Two security personnel suffered minor injuries on Friday after terrorists hurled grenade on the CRPF party deployed at State Bank of India branch at Lal Chowk in Anantnag district.
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RBI rate hike a 'win-win' situation for markets, banks
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
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Considerable uncertainty around impact of MSP schemes, says RBI
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that the impact of MSP hike on projections is a challenging task.
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RBI retains GDP growth at 7.4% in FY19
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said that Monetary Policy committee (MPC) has projected the GDP growth at 7.4% for this fiscal year as in the June statement.
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RBI hikes repo rate by 25 basis points to 6.50%
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent while maintaining neutral stance on the stability in the market.
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