Tuesday, January 1, 2019, 10:18 PM
Bank stocks were in demand Tuesday after the government infused Rs.10,882Cr in four public sector lenders, with UCO Bank surging over 12%. Shares of UCO Bank soared 12.10% to close at Rs.22.70 apiece on BSE. Bank of Maharashtra gained 3.83%, Central Bank of India went up by 1.36% and Syndicate Bank rose by 1.27%.
Sunday, November 25, 2018, 12:45 PM
The finance ministry hopes that 3-4 banks would come out of the RBI's Prompt Corrective Action watchlist this fiscal, following the expected modification of guidelines and an apparent improvement in the bottom line of the public sector banks, sources said. Of the 21 state-owned banks, 11 are under the PCA framework, which imposes lending and other restrictions on weak lenders.
09 October 2018, Tuesday
Repo Rate and Bank Rate are two of the tools used by the Central Bank (Reserve Bank of India) to control money supply, interest rates, inflation and s ...
Wednesday, July 25, 2018, 3:02 PM
US payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying campaign has sparked bitter industry spat pitting them against local rival Paytm, according to sources and documents seen. India's central bank directed payment firms to store data locally for "unfettered supervisory access" move companies such as Visa, Mastercard and American Express fear would cost millions of dollars.
Tuesday, July 17, 2018, 4:46 PM
The finance ministry is likely to infuse about Rs.10,000 crore within a few days in some state-owned banks including Punjab National Bank, Corporation Bank and Central Bank of India, to help them meet their regulatory capital requirements, people aware of the matter said. The new round of infusion will be between Rs.8,000 crore and Rs.10,000 crore, people familiar with the matter said.
Saturday, June 23, 2018, 11:03 AM
A branch manager of Central Bank of India in Buldhana district has been booked for allegedly demanding sexual favours from a farmer's wife seeking crop loan, police said today. The woman had accompanied her husband to the bank where they had applied for a crop loan at Datala in the Malakapur Tehsil, they said.
Thursday, May 24, 2018, 4:56 PM
The government has appointed non-executive chairpersons for three state-run banks based on the suggestions of Banks Board Bureau. Former RBI Director Charan Singh has been appointed at Punjab & Sind Bank. Anjali Bansal, former MD of TPG Private Equity, has been appointed at Dena Bank, while former Corporate Affairs Secretary Tapan Ray will take charge at Central Bank of India.
07 November 2009, Saturday
Investing in Bullion - Bullion Gold Market A metal is usually deemed to be precious if it is rare. The discovery of new sources of ore or improveme ...
21 February 2009, Saturday
Central Bank of India A Central Bank or reserve bank, by definition, is the organization within a particular country or union of countries that r ...
21 February 2009, Saturday
RBI was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.The Central Office of the Reserve Bank ...
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.