Search For "bank of india"
RBI cancels banking license of Sojitra Co-operative Bank for unsatisfactor
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 15 (ANI): The Reserve Bank of India (RBI) on Wednesday announced the cancellation of license and conversion of the Sojitra Co-operative Bank Ltd., Dist. Anand (Gujarat) under Banking Regulation Act, 1949 (AACS) for unsatisfactory financials and compliance record.
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Managing growth and inflation is a challenge, says Former ED, RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 14 (ANI): Former ED of Reserve Bank of India (RBI) and a whole time member of the Securities and Exchange Board of India (SEBI), G. Mahalingam, addressed the students of Great Lakes Institute of Management, a premier B School in India in its 7th Annual Great Lakes - U
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SBI Q3 profit jumps 134 pct to Rs. 2610 crore
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 10 (ANI): Country's largest lender State Bank of India on Friday announced its results with a profit of Rs. 2,610 crore in October-December quarter with a whopping 134 percent growth over Rs. 1,115.34 crore in year-ago quarter.
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Pannerselvam writes to banks, asks not to operate party bank account witho
Updated : 8 years, 7 months ago IST
Chennai (Tamil Nadu) [India], Feb. 9 (ANI): The political crisis in the All India Anna Dravida Munnetra Kazagham (AIADMK) has deepened overnight. In another blow to the AIADMK administration and general secretary V.K. Sasikala, ousted leader and Tamil Nadu incumbent Chief Minister O. Panners
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RBI Policy reflects growth dynamics for long-term stability, says Chanda K
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): Hailing the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged at 6.25 percent on Wednesday, MD and CEO ICICI Bank, Chanda Kochhar said that the policy reflects the need to balance inflation and growth dynamics, which will provide long
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RBI to lift cash withdrawal limits from March 13
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): Keeping its repo rate unchanged at 6.25 percent, Reserve Bank of India on Wednesday announced that there will be no limit on cash withdrawal from savings bank accounts from March 13, 2017 onwards.
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RBI may cut rates by 25 bps; all eyes on CPI target
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): The Reserve Bank of India is expected to slash its key rates by 25 basis points in its Monetary Policy meet here today.
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ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts,
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the i
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RBI proposes to waive off bank transactions charges and decrease interest
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 4 (ANI): In an attempt to promote cashless transactions in the country, Reserve Bank of India (RBI) has given banks the freedom to fix bank service charges for transactions, stated Santosh Kumar Gangwar, Minister of State in the Ministry of Finance, in Lok Sabha on Fr
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RBI could be shielding PM Modi's demonetisation fiasco: Congress
Updated : 8 years, 7 months ago IST
Lucknow (Uttar Pradesh), Feb. 02(ANI): In a scathing criticism of the Budget 2017, the Congress attacked the Bharatiya Janata Party (BJP) and the Reserve Bank of India (RBI) for their lack of accountability in the entire demonetisation episode.
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SBI-led consortium's plea against Vijay Mallya in SC today
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 2 (ANI): The Supreme Court today will hear the State Bank of India (SBI)-led consortium's plea against defunct airline Kingfisher's owner Vijay Mallya.
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Banks to issue Electoral Bonds to enable donations to political parties
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 01 (ANI): In a significant step to cleanse the system of funding of political parties, the Union Minister for Finance and Corporate Affairs Arun Jaitely announced on Wednesday that donations to political parties can soon be made by purchasing electoral bonds from auth
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