Search For "bank of india"
India Ratings expects GDP to grow 6.5% next financial year, lower than gov
Updated : 2 years, 4 months ago IST
India Ratings and Research (Ind-Ra) expects the economy to grow at 6.5 per cent in the financial year 2024-25, 50 basis points lower than what was projected by the central government and the Reserve Bank of India (RBI) at its recent policy review.
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Morgan Stanley expects shallow repo rate cut from June policy meeting
Updated : 2 years, 4 months ago IST
Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level.
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J-K: SBI-RSETI provides free training to women in tailoring, other occupat
Updated : 2 years, 4 months ago IST
The State Bank of India (SBI) - Rural Development and Self Employment Training Institute (RSETI) is providing free training to women in tailoring and other occupational courses to make them self-reliant.
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India's forex reserves decline USD 5.2 billion to come off 1-month high
Updated : 2 years, 4 months ago IST
India's foreign exchange reserves declined by USD 5.240 billion to USD 617.230 billion in the week that ended on February 9, 2024, thereby coming off a month high it hit the prior week, the latest data released by the Reserve Bank of India showed.
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Paytm QR, Soundbox, Card machines to work beyond March 15, says company in
Updated : 2 years, 4 months ago IST
Fintech giant Paytm in its filing with the NSE and BSE on Friday confirmed that the Paytm app, including its Made-in-India All-in-One QR Code, Soundbox, and Card Machine, will continue to operate seamlessly even after March 15, 2024.
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Paytm QR, Soundbox and EDC to continue to work, says RBI as it issues FAQs
Updated : 2 years, 4 months ago IST
The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 from the earlier date of February 29.
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RBI gives 15 days relaxation to Paytm Payments bank, says Paytm QR, soundb
Updated : 2 years, 4 months ago IST
"Keeping in view the interest of customers (including merchants) of PPBL who may require a little more time to make alternative arrangements and the larger public interest, the following Directions are issued by the Reserve Bank of India under section 35A of the Banking Regulation Act, 19
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RBI asks card network to restrain unauthorised commercial payment system
Updated : 2 years, 4 months ago IST
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable businesses to make card payments through certain intermediaries, to entities that do not accept card payments.
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RBI, Nepal's Central Bank sign terms for UPI-NPI integration
Updated : 2 years, 4 months ago IST
The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers, the RBI said in a press release.
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After striking down Electoral Bonds scheme, SC orders SBI to stop issuing
Updated : 2 years, 4 months ago IST
The Supreme Court on Thursday after striking down the Electoral Bonds Scheme which allowed for anonymous funding to political parties, ordered the State Bank of India (SBI) to stop issuing Electoral Bonds immediately.
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SC strikes down Electoral Bonds scheme as violative of RTI and Article 19(
Updated : 2 years, 4 months ago IST
The Apex Court ordered banks to forthwith stop issuing Electoral Bonds and that the State Bank of India (SBI) shall furnish the details of Electoral Bonds encashed by the political parties. The court said that SBI should submit the details to the Election Commisison of India and ECI shall
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Reserve Bank of India penalizes Pusad Urban Co-operative Bank Ltd. for non
Updated : 2 years, 5 months ago IST
According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification, Provisioning, and Other Related Matters.'
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