Search For "bank of india"
RBI allows early redemption in Sovereign Gold Bond Scheme, 2017-18 Series
Updated : 2 years, 2 months ago IST
The press statement of the RBI says early redemption price has been fixed at Rs 7260/- per unit of SGB, based on the average closing gold price over the previous three business days.
Read More
Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 2 years, 2 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
Read More
India forex reserves rise for seventh week to reach fresh peak
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562 billion in the week ending on April 5, as per the latest data released by the Reserve Bank of India (RBI).
Read More
Physics Wallah (PW) Achieves Outstanding Success in IBPS Result 2024: Over
Updated : 2 years, 3 months ago IST
New Delhi [India], April 8: Physics Wallah (PW), India's leading ed-tech platform, is proud to announce the exceptional results of its students in the IBPS Result 2024 with over 1000 students qualifying for the exam, while Amit Kumar Mandal achieving the highest score in the IBPS PO. The IBP
Read More
India's Reserve Bank leads surge in gold reserves amid global central bank
Updated : 2 years, 3 months ago IST
India's consistent efforts to bolster its gold reserves reflect a strategy aimed at diversifying its foreign exchange reserves and mitigating risks associated with currency fluctuations and economic uncertainties.
Read More
RBI launches new website and mobile application
Updated : 2 years, 3 months ago IST
The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor Shaktikanta Das.
Read More
India's foreign exchange reserves rise further to hit fresh high
Updated : 2 years, 3 months ago IST
India's foreign exchange reserves rose for the sixth straight week to hit a fresh all-time high of USD 645.583 billion in the week ending on March 29, as per the latest data released by the Reserve Bank of India
Read More
SBI says monetary policy reflects India's high growth and low inflationary
Updated : 2 years, 3 months ago IST
The country's largest public sector bank State Bank of India said the monetary policy statement of the RBI reflected India's high growth and low inflation. Reacting to the central bank maintaining the status quo in the repo rate, SBI Chairman Dinesh Khara said
Read More
RBI cancels registration of four non-banking financial companies
Updated : 2 years, 3 months ago IST
Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance Limited, Punjab-based Bhatia Hire Purchase Pvt Ltd, and Himachal Pradeesh-based Jiwanjyoti Deposits and Advances Limited.
Read More
Industry hails RBI's Monetary policy decisions
Updated : 2 years, 3 months ago IST
Industry welcomes Reserve Bank of India decisions in its first monetary policy report of FY 25. One of the key highlights of the report is the RBI's decision to maintain the repo rate at its current level, a move that has been widely applauded by industry leaders.
Read More
Wheat price won't be affected, vegetable needs to be watched out: RBI Gove
Updated : 2 years, 3 months ago IST
Reserve Bank of India Governor Shaktikanta Das has said that the heatwave predictions in the coming months won't impact wheat prices, but the impact on vegetable prices needs to be watched out.
Read More
RBI proposes cash deposits through UPI; widens digital currency for retail
Updated : 2 years, 3 months ago IST
The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be another boost to already widely recognised technology.
Read More