Tag: Bank of India
RBI Unveils New Measures
The RBI Governor on Friday announced a new set of measures in response to the current growth and financial market stress. These measures are mostly aimed at easing some pressures on the lower rated / smaller participants of the financial markets. ....
RBI Comes Out With 'Special Liquidity Facility' For Mutual Funds
To ease liquidity pressures on Mutual Funds, the Reserve Bank of India on Monday decided to open a special liquidity facility (SLF-MF) worth Rs 50,000 crore.....
RBI Employees Donate Rs 7.3 Cr To PM-CARES Fund
Coming forward to help a noble cause, employees of the Reserve Bank of India (RBI) have donated a total of Rs 7.30 crore to the PM-CARES Fund, an official said here on Tuesday. ....
SBI Employees Contribute Additional Rs 7.95 Cr To PM-CARES Fund
In battle against the COVID-19 crisis, employees of the country's largest lender, State Bank of India (SBI) have decided to contribute an additional amount of Rs 7.95 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund.....
SBI Logs 4-fold Jump In Q4 Net Profit At Rs 3,581 Crore
State Bank of India (SBI) on Friday reported a four-fold jump in its net profit for the January-March quarter of financial year 2019-20 at Rs 3,581 crore. ....
Crisis In Hospitality, Aviation To Prolong: SBI Official
As the pandemic and the resultant nationwide lockdown severely affected economic activities in the country, a senior official of the State Bank of India (SBI) has said that the financial crisis in the hospitality, tourism and aviation sectors will be prolonged compared to the other sectors.....
CBI Probe Into Rs 180 Crore Fraud On Banks
The Central Bureau of Investigation (CBI) has registered a case on a complaint from State Bank of India against Indore based-private company Indison Agro Foods Limited and its three Directors Vijay Kumar Jain, Mahendra Kumar, and Devraj Jain and unknown public servants on the allegations of cheating and defrauding the bank to the tune of approximately Rs 180.15 crore. ....
Dinesh Khara Appointed New SBI Chairman
The Centre on Tuesday appointed Dinesh Kumar Khara as the new Chairman of State Bank of India (SBI). ....
WhatsApp Pay Now Live With 4 Top Banks In India
WhatsApp Pay on Wednesday announced it is now live with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank for its up to 20 million users in India. ....
Resurgence In Inflation Reignited Debate On Monetary Policy Response: RBI Governor
RBI Governor Shaktikanta Das has said that the resurgence of inflation in May and June reignited the debate on monetary policy response. ....
