Search For "bank of india"
Over 72% growth in India's overseas financial assets was due to investment
Updated : 8 months, 3 weeks ago IST
India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India (RBI).
Read More
RBI guidelines reducing provisioning for project finance are credit positi
Updated : 8 months, 3 weeks ago IST
The Reserve Bank of India's (RBI) final guidelines for project finance loans, aimed at managing risks while supporting the viability of projects, are credit positive according to Moody's Ratings.
Read More
States/UTs to borrow Rs 2.86 lakh crore in Jul-Sep quarter: RBI
Updated : 8 months, 3 weeks ago IST
States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September 2025, the Reserve Bank of India (RBI) has indicated.
Read More
Significant drop in Credit growth of banks, as of June 13, 9.6% Vs 19.1% (
Updated : 8 months, 3 weeks ago IST
The credit growth of Scheduled Commercial Banks (SCBs) has moderated to 9.6 per cent as on 13 June 2025, a sharp decline from 19.1 per cent recorded a year ago, according to a recent report by the State Bank of India (SBI).
Read More
India's forex reserves dip by USD 1.02 billion to USD 697.93 billion
Updated : 8 months, 3 weeks ago IST
India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed.
Read More
Central Bank of India acquires stake in Generali Group's India business
Updated : 8 months, 4 weeks ago IST
State-owned lender Central Bank of India on Friday announced it has successfully concluded the landmark acquisition of 24.91 per cent equity stake in Future Generali India Insurance Company (FGIICL) and 25.18 per cent equity stake in Future Generali India Life Insurance Company Limited (FGIL
Read More
Goa based company secures RBI authorization as a payment aggregator
Updated : 8 months, 4 weeks ago IST
Panjim (Goa) [India], June 27: Instifi, a homegrown fintech venture, has received final authorization from the Reserve Bank of India (RBI) to operate as a licensed online payment aggregator. This positions the company as the only one in Goa to hold the authorization, marking a significant st
Read More
RBI conducts 7-day VRRR auction; accepts Rs 84,975 crore at 5.45% weighted
Updated : 8 months, 4 weeks ago IST
The Reserve Bank of India (RBI) released the results of its seven-day Variable Rate Reverse Repo (VRRR) auction held on Friday.
Read More
Bank of India board approved raising Rs 20,000 crore via Long Term Infra B
Updated : 9 months ago IST
The Board of Directors of Bank of India on Thursday considered and approved issue of Long Term Infra Bonds to the tune of Rs 20,000 crore during the current financial year 2025-26.
Read More
Indian economy showed resilience, remained strong in May despite global un
Updated : 9 months ago IST
The Indian economy remained strong in May 2025 even as global uncertainties continued, according to the Reserve Bank of India's (RBI) June monthly bulletin.
Read More
India emerged top destination in global south for greenfield investments w
Updated : 9 months ago IST
India has emerged as the top destination in the Global South for greenfield investments in the digital economy, according to a recent report released by the Reserve Bank of India (RBI).
Read More
CBI arrests one accused in 5.6 lakh bank fraud case from 1978
Updated : 9 months ago IST
Central Bureau of Investigation (CBI) arrested Satish Kumar Anand, a Proclaimed Offender (PO) in a case relating to bank fraud of Rs 5,69,000 of Bank of India.
Read More