Search For "bank of india"
Mizoram govt signs MoA with partner banks for Bana Kaih Scheme; launches C
Updated : 1 year, 3 months ago IST
A Memorandum of Agreement (MoA) was signed between the Government of Mizoram and Partner Banks--State Bank of India (SBI), Mizoram Rural Bank (MRB), and Mizoram Co-operative Apex Bank Ltd. (MCAB) on Wednesday in presence of Mizoram Chief Minister Lalduhoma.
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IBC data provides valuable insights to handle complex cases: M Rajeshwar R
Updated : 1 year, 3 months ago IST
M Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI), highlighted the importance of institutionalising data under the Insolvency and Bankruptcy Code (IBC) to provide valuable insights and precedents for handling complex cases.
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Buy now pay later schemes, credit card spending reduce savings of youth: D
Updated : 1 year, 3 months ago IST
The "buy now, pay later" (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India.
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Indian companies' revenue surge in FY24 however wage growth of employees m
Updated : 1 year, 3 months ago IST
Around 4,000 listed companies in India reported a 6 per cent growth in revenue or gross sales during the financial year 2024, according to a report by the State Bank of India (SBI).
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Market ahead: Investors to focus on US Fed decision, FII inflows, global c
Updated : 1 year, 3 months ago IST
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
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SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.
Updated : 1 year, 3 months ago IST
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
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RBI raises collateral-free agricultural loan limit to Rs 2 lakh to support
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
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Reserve Bank of India receives bomb threat, probe underway
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday, police said.
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Inflation in high income states decline faster as compared to low income s
Updated : 1 year, 3 months ago IST
The middle and high-income states in the country have experienced a sharper decline in food inflation compared to low-income states, says a report by the State Bank of India (SBI).
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CPI inflation in November at 5.48%; declines after three months of increas
Updated : 1 year, 3 months ago IST
India's retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India's 2-6 per cent comfort band.
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Policy continuity, inclusion and innovation will be priority: Sanjay Malho
Updated : 1 year, 3 months ago IST
Newly appointed Reserve Bank of India (RBI) Governor Sanjay Malhotra, in his first address on Wednesday, outlined the central bank's priorities under his leadership, emphasizing stability, financial inclusion, and technological innovation as the cornerstones of his governorship.
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Sanjay Malhotra takes charge as 26th RBI Governor for next 3 years
Updated : 1 year, 3 months ago IST
Sanjay Malhotra has officially taken charge as the 26th Governor of the Reserve Bank of India (RBI) on Wednesday.
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