Search For "central bank"
Parliamentary panel calls to simplify processing of LC's
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): The Parliamentary Standing Committee on Commerce on Monday said that the Reserve Bank of India (RBI) did not make enough consultations before discontinuing the issue of the Letter of Understanding (LoU)/Letter of Comfort (LoC) while terming the move as a `knee
Read More
Banker seeking sexual favour against loan sanction arrested
Updated : 7 years, 8 months ago IST
Nagpur (Maharashtra) [India], June 26 (ANI): Rajesh Hivse, the manager of the Central Bank of India's Datala branch who allegedly sought sexual favours from a woman to clear a crop loan, was arrested from Nagpur on Monday.
Read More
Banker, peon suspended for seeking sexual favour against loan sanction
Updated : 7 years, 8 months ago IST
Buldhana (Maharashtra) [India], June 24 (ANI): The manager and a peon of the Central Bank of India's Datala branch here have been suspended for demanding sexual favours from the wife of a farmer, who applied for a crop loan on Saturday.
Read More
Farmers protest after banker seeks sexual favour in exchange for crop loan
Updated : 7 years, 8 months ago IST
Chandrapur (Maharashtra) [India], June 24 (ANI): The Swabhimani Shetkari Sanghatana staged a protest in front of the Datala branch of Central Bank of India on Saturday after the bank manager and his peon allegedly demanded sexual favours from the wife of a farmer, who had applied for a crop
Read More
CBI registers case against trading firm on PNB complaint
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr 14 (ANI): The Central Bureau of Investigation (CBI) on Saturday registered a case against S.S.K Trading Pvt. Ltd., on a complaint made by Punjab National Bank (PNB), Delhi, for allegedly committing a fraud of approximately Rs. 187 crore.
Read More
RBI to review feasibility of introducing digital currency
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 6 (ANI): The Reserve Bank of India (RBI) has announced reviewing the feasibility of introducing a central bank digital currency.
Read More
CBI registers case against RP Infosystem over bank fraud of Rs 512 crore
Updated : 8 years ago IST
Kolkata (West Bengal) [India] Feb. 28 (ANI): The Central Bureau of Investigation (CBI) has filed FIR against Kolkata based RP Info System for a bank fraud of Rs. 512.12 crore.
Read More
RBI introduces Ombudsman Scheme for NBFCs
Updated : 8 years ago IST
New Delhi [India], Feb 23 (ANI): As announced in its Monetary Policy Statement on February 7, India's central bank, Reserve Bank of India (RBI), on Friday launched the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs).
Read More
Global, domestic headwinds may impact stocks in 2018
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 14 (ANI): Global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices, coupled with domestic concerns like firming, inflation could halt the underlying Bull Run in stocks in 2018 and bring in lot more volatility going f
Read More
Market ends at record high; Sensex surpasses 34,000 mark
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 26 (ANI): With only a few days left for the year 2018 to ring in, the markets on Tuesday surprised the street by creating history as the Sensex surpassed Mount 34000 for the first time to hit a fresh record high of 34,005.37, while the Nifty50 rose to a lifetime high o
Read More
Inflation targeting by central bank may not be best approach in present sc
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 14 (ANI): Federation of Indian Chambers of Commerce and Industry (FICCI) President, Pankaj Patel on Tuesday said that inflation targeting by the central bank may not be the best approach in present scenario.
Read More
Beijing on brink of economic collapse, warns Chinese bank chief
Updated : 8 years, 4 months ago IST
Beijing [China], November 11 (ANI): Zhou Xiaochuan, the governor of China's central bank - the People's Bank of China (PBOC), has warned that China's financial system is becoming more vulnerable due to high levels of leverage, or borrowing.
Read More