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Tag: Bank of India

 
UBI To Get Rs 418-crore Capital From Government

State-run United Bank of India on Friday said the central government will infuse Rs 418 crore capital in the bank as a part of turnaround-linked capital infusion plan.....


 

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No Plans To Print Rs 5,000, Rs 10,000 Notes: Government

The government is not planning to print Rs 5,000 and Rs 10,000 currency notes, Parliament was informed on Friday.....


 

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Banks To Remain Closed On April 1: RBI

The Reserve Bank of India (RBI) on Wednesday said banks need not remain open on April 1, as against its earlier order, because it may affect the annual closing, especially in view of the State Bank of India (SBI) merger.....


 

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Chaos As Crowds Throng RBI To Exchange Old Currency

Hundreds thronged the RBI here with old demonetised notes to grab new ones on the last day of official exchange on Friday but most people returned home disappointed.....


 

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Cutting Base Rates By SBI, HDFC Is Smart Move: Jefferies

Large lenders have smartly cut their base rates to slow down the borrowers from switching to marginal cost of fund based lending rate (MCLR) and in the process protect their margins, said investment banking firm Jefferies.....


 

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Centre Releases Rs 17,994 Cr CCL For Wheat Procurement In Punjab

The central government has released an amount of Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Punjab's Rabi (wheat) procurement, a state government spokesman said here on Thursday.....


 

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Ambedkar Jayanti Celebrations At UN To Focus On Digital Empowerment

Ambedkar Jayanti celebrations at the United Nations on Thursday will focus on the empowerment of the poor and the marginalised using information and communication technologies to achieve the UN's sustainable development goals.....


 

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RBI Comes Out With New Corrective Action Plan For Banks

The Reserve Bank of India (RBI) on Thursday said capital, asset quality and profitability would be the basis of the Prompt Corrective Action (PCA) framework on which the banks would be monitored and has defined three kinds of risk thresholds.....


 

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Mallya Under UK Judicial Process, India Doing Its Best: Jaitley

The Vijay Mallya case has come under the British judicial process and Indian agencies are making their best effort to have him face trial in India, the Centre said on Wednesday.....


 

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Blaze At Bank Of India Building In Mumbai

A major fire broke out in the upper floors of Bank of India's heritage building here on Friday evening, officials said. There were no reports of any casualties so far.....


 

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