Tag: Bank
Toshiba Planning Bankruptcy For US Nuclear Unit: Media
The board of directors of Toshiba on Wednesday approved plans for its nuclear unit, the US-based Westinghouse Electric, to file for bankruptcy in order to limit the impact of its serious financial crisis, media reports said....
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.....
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.....
5,000 Wheat Purchase Centres Become Operational In UP
Ending role of middlemen, 5,000 wheat purchase centres spread across Uttar Pradesh began functioning on Saturday, an official said. ....
'Post-merger With Associate Banks, SBI Opens As One Bank'
Post-merger of five associate banks, the State Bank of India opened as one bank with 500 million customers and started normal operations from Monday, SBI Chairperson Arundhati Bhattacharya announced here.....
Post-merger, SBI Opens With 500 Million Customers
After the merger of five associate banks and the Bharatiya Mahila Bank, top public sector lender State Bank of India (SBI) began operations on Monday with 500 million customers.....
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.....
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.....
'India's Growth To Bounce Back To 7.4% In 2017-18'
India's growth which was likely to slow down to 7.1 per cent in 2016-17 due to demonetisation, will bounce back to 7.4 in the current fiscal on improved investor confidence and business environment as a result of GST tax regime and other reforms, an ADB report said on Thursday.....
CBI Files Cases Against Companies For Defrauding Banks
The CBI on Sunday registered cases against a Chandigarh-based company and three of its directors for cheating a bank in Punjab of over Rs 1,300 crore, officials said.....
