Search For "bank of india"
RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 2 years, 1 month ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
Read More
RBI Governor Shaktikanta Das to announce monetary policy amid inflation co
Updated : 2 years, 1 month ago IST
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
Read More
Muthoot Microfin and SBI sign co-lending agreement to empower women entrep
Updated : 2 years, 1 month ago IST
Muthoot Microfin has entered into a Co-lending agreement with the State Bank of India (SBI) to empower women entrepreneurs, the company informed the exchange in a filing on Thursday.
Read More
Defence Ministry signs MoUs to onboard four banks as SPARSH service centre
Updated : 2 years, 1 month ago IST
The Defence Accounts Department (DAD), which functions under the administrative control of the Ministry of Defence will onboard the Bank of India, Canara Bank, Central Bank of India and Utkarsh Small Finance Bank to provide the last mile connectivity to the pensioners.
Read More
RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
Read More
State Bank of India's market cap crosses Rs 8 lakh crore, stocks surge to
Updated : 2 years, 1 month ago IST
The market capitalization of the State Bank of India (SBI) crossed the Rs 8 lakh crore mark on Monday after the bank's shares surged to a record high of Rs 907.
Read More
Edelweiss Rural and Corporate services received Rs 2.61 crore tax notice f
Updated : 2 years, 1 month ago IST
Edelweiss Financial Services Limited's subsidiary, Edelweiss Rural & Corporate Services Ltd., received a tax demand notice of Rs. 2.61 crores from the Income Tax Department, the company informed the exchange in its filing.
Read More
RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Rep
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI Annual report says possibilities will be explored for increasing the global footprints of UPI and RuPay.
Read More
Valmiki Maharshi scam: BJP demands dismissal of B Nagendra from Karnataka
Updated : 2 years, 1 month ago IST
BJP Karnataka alleged that Siddaramaiah-led Congress government was attempting to protect Minister B Nagendra, accused in the multi-crore scam involving Rs 187.33 crore.
Read More
Lengthy timeframe and uncertain returns constrain sustainability adoption:
Updated : 2 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 31: The SIDBI - D&B Sustainability Perception Index (SPeX), also known as the 'green pulse indicator' decreased by around 2% to 54 during the January -March 2024 period, as MSMEs reported lower implementation of sustainability practices compared to last
Read More
RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 2 years, 1 month ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
Read More
Financial frauds declined by 46.7 per cent during 2023-24: RBI annual repo
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value) of frauds reported in 2023-24 compared to the previous year
Read More