Search For "bank of india"
RBI supersedes Board of Directors of Abhyudaya Cooperative Bank for 12 mon
Updated : 2 years, 7 months ago IST
The action against the Abhyudaya Cooperative Bank Ltd was needed due to "certain material concerns emanating from poor governance standards" observed in the bank.
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Banks, NBFCs must stress test their books, suggests RBI Governor
Updated : 2 years, 7 months ago IST
Reserve Bank of India governor Shaktikanta Das on Wednesday once again called upon banks and non-banking financial companies (NBFCs), among other financial entities to continue to do stress testing of their books.
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UGRO Capital to remain unaffected after RBI tighten norms
Updated : 2 years, 7 months ago IST
New Delhi [India], November 22: After the Reserve Bank of India (RBI) tightened norms for consumer credit, the DataTech driven dedicated MSME lender UGRO Capital said that with its diversified lender base, strong co- lending partnerships and focus on priority sector led MSME, they do not exp
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Delhi court rejects bank's suit for recovery against a dead man
Updated : 2 years, 7 months ago IST
A Delhi court rejected the suit for recovery filed by the State Bank of India (SBI) against a person who had already passed away two years prior to filing the suit. While rejecting the suit, the court said that under Indian law, a dead man cannot be sued.
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RBI bulletin unveils economic insights: Global slowdown, monetary expectat
Updated : 2 years, 7 months ago IST
According to the RBI bulletin, the Global economy shows signs of a slowdown, with manufacturing lagging and services sector growth reaching a plateau.
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RBI orders Bajaj Finance to stop disbursing loans via 'eCOM' and 'Insta EM
Updated : 2 years, 7 months ago IST
In a statement, the RBI said the company did not adhere to the digital lending guidelines under these two lending products.
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Himachal Pradesh: Union Bank of India donates Rs 1.5 crore towards relief
Updated : 2 years, 7 months ago IST
Chief Executive Officer and Managing Director of Union Bank of India A Manimekhalai presented a check of Rs 1.52 crore for the disaster relief fund to Chief Minister Sukhvinder Singh Sukhu here on Wednesday.
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Nirmala Sitharaman inaugurates SBI branch in Sri Lanka's Jaffna
Updated : 2 years, 8 months ago IST
Union Finance Minister Nirmala Sitharaman, Governor of Sri Lanka's Northern Province P. S. M. Charles on Friday inaugurated a State Bank of India branch in Jaffna in the presence of India's High Commissioner to Sri Lanka Gopal Baglay and State Bank of India Chairman Dinesh Khara, during her
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Long queue outside RBI Chandigarh branch to deposit, exchange Rs 2,000 not
Updated : 2 years, 8 months ago IST
After commercial banks stopped accepting Rs 2000 banknotes, people have now started lining up in 19 offices of the Reserve Bank of India (RBI) to exchange their high-denomination notes.
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Finance Minister Nirmala Sitharaman Inaugurates SBI Branch in Trincomalee,
Updated : 2 years, 8 months ago IST
Ministry of Finance posted on X, "Union Finance Minister Smt. @nsitharaman inaugurated the State Bank of India @TheOfficialSBI Branch in Trincomalee, today, during her official visit to Sri Lanka. H.E. Mr. @S_Thondaman, Governor of Eastern Province, Sri Lanka; Shri Gopal Baglay, India's Hig
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Bajaj Finance Transforms Used Car Financing with a High-value Loan of up t
Updated : 2 years, 8 months ago IST
Pune (Maharashtra) [India], November 1: Bajaj Finance has redefined financing for second-hand car purchases with its high-value used car loan of up to Rs 77 lakh. This loan product is designed to provide financial flexibility to customers allowing them to make their dream car a reality.
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State Bank of India raises Rs 10,000 cr via Tier 2 Bonds
Updated : 2 years, 8 months ago IST
State Bank of India (SBI) on Wednesday raised Rs 10,000 crore at a coupon rate of 7.81 percent through its first Basel III compliant Tier 2 Bond for the current financial year.
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