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Equity indices subdued, banking stocks dip
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 12 (ANI): Equity benchmark indices were subdued during early hours on Tuesday due to drag in banking stocks after the Reserve Bank of India (RBI) said gross non-performing assets of the lenders may increase from 7.5 per cent in September 2020 to 14.8 per
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RBI says GNPAs may shoot up to 14.8 per cent by Sept under severe stress s
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.
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BoI reports divergence of Rs 63 crore in gross NPAs
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
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Fadnavis submits memorandum to RBI Governor, requests easing of norms for
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Leader of Opposition in Maharashtra Assembly Devendra Fadnavis submitted a memorandum to Reserve bank of India Governor Shaktikanta Das, requesting easing of norms for funding under the Self-Redevelopment Scheme.
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Banking on Non-Smart or Feature Phones Now an Achievable Dream Post RBI No
Updated : 5 years, 2 months ago IST
Noida (Uttar Pradesh)[India], January 6 (ANI/BusinessWire India): The Reserve Bank of India in its recent announcement has confirmed the commencement of testing under the first cohort of Regulatory Sandbox on Retail Payments by Eroute Technologies. Digital payments, which were believed to be
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Shivalik Small Finance Bank receives commercial banking license
Updated : 5 years, 2 months ago IST
New Delhi [India], January 6 (ANI/NewsVoir): Shivalik Small Finance Bank (SSFB) announced the receipt of a license from Reserve Bank of India (RBI) to carry on banking business as a Small Finance Bank (SFB) in India.
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Petition filed in SC seeking contempt of Court proceedings against RBI Gov
Updated : 5 years, 2 months ago IST
New Delhi [India], January 4 (ANI): A petition has been filed before the Supreme Court seeking initiation of contempt of Court proceedings and punish the Reserve Bank of India (RBI) Governor, Shaktikanta Das, and officials concerned of the State Bank of India (SBI) for allegedly and wilfully
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RBI to conduct simultaneous sale-purchase of govt securities on Jan 7
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 1 (ANI): The Reserve Bank of India (RBI) will conduct simultaneous purchase and sale of government securities under open market operations (OMOs) for Rs 10,000 crore each on January 7.
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RuPay, RBL Bank to launch PoS with PayNearby
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 31 (ANI): National Payments Corporation of India (NPCI) said on Thursday that RuPay has partnered with RBL Bank to launch a payment solution for Indian merchants in association with fintech company PayNearby.
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Delhi HC notice to Jindal Steel on RBI's plea over transfer of money to fo
Updated : 5 years, 2 months ago IST
New Delhi [India], December 30 (ANI): The Division Bench of Delhi High Court has issued a notice to Jindal Steel and Power Ltd on a plea moved by the Reserve Bank of India challenging single judge bench order in a matter related to the JSPL's transfer of money to its foreign subsidiary.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Banking system liquidity to remain in surplus position: CARE Ratings
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 28 (ANI): The outstanding liquidity in banking system amounted to Rs 5.09 lakh crore as on December 24, Rs 50,386 crore higher than that in the previous week (Rs 4.58 lakh crore as on December 18), CARE Ratings said on Monday.
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