Search For "bank of india"
Eduvanz secures RBI approval to disburse loans for skill development
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): Eduvanz Financing - a skill development loan provider, announced that it has been granted the non-banking financial company (NBFC) licence by the Reserve Bank of India (RBI) to start providing loans in the multi-billion skill development sector.
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Fears regarding MSP scheme 'exaggerated', claims SBI
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): Amid growing concerns of rising inflation and commodity prices due to an increase in the minimum support price (MSP) hike announced by the Centre, the State Bank of India (SBI) claimed the fears to be "exaggerated."
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16000 plus choices in 2nd season of Magicbricks - SBI Big Bang Home Carniv
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 10 (ANI-NewsVoir): Big Bang Home Carnival, a much awaited month-long online housing carnival co-hosted by India's No.1 property site, Magicbricks and country's largest lender State Bank of India (SBI) is back with a bang.
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SBI reports Rs 2,416 cr loss in Q3
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 9 (ANI): The State Bank of India (SBI) on Friday reported loss of Rs. 2,416 crore in the third quarter of the current fiscal, attributed to lower trading income on account of hardening of bond yields, higher corporate slippages leading to higher loan loss provisions an
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RBI to link base rate with MCLR
Updated : 8 years, 1 month ago IST
New Delhi [India] February 8 (ANI): The Reserve Bank of India (RBI) on Thursday said that it will link the base rate with the Marginal Cost of Funds based Lending Rates (MCLR) from April 1 to ensure expeditious transmission of its policy rate to borrowers.
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Rates unchanged will avoid further panic in domestic markets
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): Chief Economist HDFC Bank, Abheek Barua on Wednesday said the decision for the Reserve Bank of India (RBI) to keep the he repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively was done in view to avoid another bout of panic in th
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RBI grants payment extension to select MSMEs
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): In a bid to relieve Micro, Small and Medium Enterprises (MSMEs) of payment-related woes, the Reserve Bank of India (RBI) on Wednesday announced that select companies would be provided additional time to repay loans.
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System liquidity moving towards neutrality: RBI Dy Guv
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that surplus liquidity in the system is moving towards the neutrality objective.
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Inflation projected at 5.1-5.6% in the next fiscal
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday revealed that the estimated inflation for first half of the next fiscal would stand at 5.1 to 5.6 percent.
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Closing bell: Sensex ends 113.23 pts lower, Nifty at 10,476.70
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Following the announcement of the Reserve Bank of India's (RBI) sixth bi-monthly monetary policy statement, market indices traded lower on Wednesday evening.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI to announce its Monetary Policy today
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday will announce its decisions on the rate cuts after its Monetary Policy Committee (MPC) meeting, which will be the first after Union Budget 2018-19.
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