New Delhi (India), Aug 11 (ANI): The State Bank of India (SBI) on Friday posted a net loss of Rs, 4,876 crore in the first quarter ended on June 30, 2018. The bank has also stated that it has kept aside the mark-to-market provision of Rs, 5,900 crores and not used the dispensation provided b
New Delhi (India), Aug 8 (ANI): The Reserve Bank of India (RBI) on Wednesday announced the transfer of surplus funds amounting to Rs 50000 crore for the year ended June 30, to the Government of India.
New Delhi (India), Aug 8 (ANI): The Supreme Court on Wednesday reserved the verdict on Sec 497 (Adultery) of the Indian Penal Code while observing that infidelity is the cause of breaking up of royal marriages.
New Delhi [India], August 8 (ANI): The Centre has appointed Rashtriya Swayamsevak Sangh(RSS)-affiliate Swadeshi Jagaran Manch co-convenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the Central Board of the Reserve Bank of India (RBI).
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
Nanjing [China], August 2 (ANI): While ace Indian shuttler Kidambi Srikanth failed to reserve his seat in the quarter-final of the ongoing Badminton World championship on Thursday, former world number one Saina Nehwal and Olympic silver medallist PV Sindhu cemented their spot in the last
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that the impact of MSP hike on projections is a challenging task.
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said that Monetary Policy committee (MPC) has projected the GDP growth at 7.4% for this fiscal year as in the June statement.
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent while maintaining neutral stance on the stability in the market.