alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
 
Home News Bank of India

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

No respite for Bank of India, amid RBI vs Govt over PCA

Tuesday, November 13, 2018, 8:43 AM

One of the main issues of contention between the government and the Reserve Bank of India (RBI) is the prompt corrective action (PCA) framework for banks. Now, it pays to see how the banks that have come under PCA have performed. Bank of India is the fifth lender among the 11 under PCA to report September quarter results, and the signs are mixed.
News Image

RBI autonomy key, but limited by law: Finance Ministry

Thursday, November 1, 2018, 3:44 PM

The government sought to define the nature of its relationship with the Reserve Bank of India currently at a low ebb by declaring that it respected the regulator's autonomy but that this independence was subject to provisions of the RBI Act. This meant that it will continue to raise issues of public interest and the economy with the central bank, the government insisted.
News Image

RBI to inject Rs 40,000 crore liquidity into system in November

Saturday, October 27, 2018, 8:40 AM

The RBI will inject Rs.40,000Cr in the banking system next-month, a move that will help ease cash shortage in the system and stabilise debt market rates. "Based on an assessment of the durable liquidity needs going forward, RBI has decided to conduct purchase of government securities under open-market operations for an aggregate amount of Rs.400 billion in the month of November-2018," central bank said.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!