Tag: Bank of India
RBI To Announce Facility For NRIs To Exchange Old Notes
The Reserve Bank of India (RBI) on Saturday said that it will introduce a facility for exchange of old specified bank notes for Indian residents and NRIs, who were abroad from November 9 to December 30.....
SBI Cuts Cost Of Lending Rate By 0.9% Across Maturities
With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.....
Estimates Of Demonetised Notes Back With Banks May Be Incorrect: RBI
Reacting to media reports about the quantum of demonetised currency that has been returned to the banks, the Reserve Bank of India on Thursday said such estimates may not be correct.....
RBI Lifts ATM Cash Withdrawal Limits From Wednesday
The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with immediate effect.....
No Rush For Cash, A Day Before ATM Curbs To Lift
There were no queues outside most ATMs in Delhi and Noida on Tuesday morning, a day before curbs on withdrawals are set to be lifted by the Reserve Bank of India (RBI). ....
PM Justifies Note Ban, But Skips Mentioning Deaths
Speaking on demonetisation in Parliament for the first time, Prime Minister Narendra Modi on Tuesday justified the November 8 move, saying it was made at the right time, but he did not make any comment on the deaths caused by the note ban despite opposition members raising the issue.....
G-20 Panel Meeting In Varanasi To Discuss Inclusive Growth
A two-day G-20 working group meeting, with inclusive global growth on top of the agenda, will get underway in Varanasi this week from March 28, an Indian official said on Sunday.....
Ordinance On Bad Loans Gets Presidential Nod
An ordinance empowering the Reserve Bank of India (RBI) to tackle bad loans of banks got the Presidential nod on Friday.....
SBI Cuts Home Loan Rates By 25 Bps
The country's largest home loan provider State Bank of India (SBI) has announced reduction in the home loan rates by 25 basis points (bps) from 8.60 per cent to 8.35 per cent per annum, which will come into effect from Tuesday.....
SC Gives Centre, RBI Time To Devise Plan For Depositing
The Supreme Court granted the Centre and the Reserve Bank of India two weeks to consider the option of granting a window to those who could not deposit their demonetised Rs 500 and Rs 1,000 currency notes for a compelling reason.....
