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May 23, 2013
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bank of india
RBI did not increase CD ratio in Tripura: Minister
Despite requests by Tripura government, Reserve Bank of India (RBI) or Union Finance ministry has not taken initiative to increase Credit Deposit Ratio of the nationalised banks operating in the state, Tripura Finance Minister Badal Chowdhury told the assembly Tuesday.
RBI eases overseas borrowing rules in housing, aviation sector
The Reserve Bank Tuesday eased overseas borrowing norms to allow companies access to cheaper funds for key infrastructure sectors.
Don't staple, issue only clean notes: RBI to banks
The Reserve Bank has directed banks to do away with stapling of note packets and issue only clean currency notes to the public.
RBI puts restrictions on gold imports by banks
With gold imports putting pressure on the current account deficit, the Reserve Bank Monday imposed restrictions on import of the yellow metal by banks.
BoI Q4 net profit drops 21% to Rs 757 cr
Public sector Bank of India Monday reported a 20.58 percent drop in net profit at Rs 756.57 crore for the fourth quarter ended March 31.
RBI yet to order banks to clear dues of armed forces pensioners
Despite the Reserve Bank of India (RBI) ordering banks to clear all dues of armed forces pensioners, the former is yet to hand over these amounts.
RBI gears up for plastic notes as 20% paper bills get soiled
As the Reserve Bank gears up for a trial of plastic currency notes, it has to dispose of soiled paper currency bills worth an estimated amount of over Rs two lakh crore a year.
SBI Mutual Fund launches gold accumulation facility
SBI Gold Fund is an open ended fund, which enables the common man to invest systematically in gold without the need of buying and storing physical gold and that too without a demat account.
Central Bank Q4 net at Rs 169 cr on low provision, higher NII
Central Bank of India Friday reported net profit of Rs 169.15 crore in the fourth quarter ended March 31, 2013, helped by lower provisioning and robust growth in net interest income.
SBI projects 16% loan growth for 2013-14 fiscal
Country's largest lender State Bank of India (SBI) on Thursday said it expects to register a lower loan growth rate of 16 percent for the current fiscal as the demand for advances from the industrial sector is "weak".
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