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Dec 13 (Reuters) – India’s state-run Corporation Bank said on Wednesday that the Reserve Bank of India has initiated ‘prompt corrective action’ for the lender over high bad loans and the need to raise capital. The bank did not provide.

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Bank of India (BoI) is commercial bank with headquarters at Bandra Kurla complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969.

Note : These are indicative rates upto Rs. 2, 50,000 (Rupees Two Lacs Fifty Thousand) and subject to change according to market movement

Investors will get an insight into the Reserve Bank of India’s thinking when it publishes minutes of its latest meeting on Dec. 20. By then, they’ll also have.

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BOI Recruitment – Bank of India – 08 Faculty Member, Office Assistant & Attendant Vacancy – Last Date 14 August 2017

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Bank of Industry (BOI) and the Unity Bank Plc on Tuesday were at the FCT Court, over non performance of N150 million loan granted to Valentino Project Ltd. by.

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That rate was sharply above the Reserve Bank of India’s 4 percent medium-term inflation target and its projection that inflation would accelerate to between 4.3 and 4.7 percent in the six months to March. A Reuters poll had forecast.

The Reserve Bank of India (hereinafter referred to as “RBI”) vide its press release 2017-2018/1530[1] dated December.

New Delhi, Dec 13 (IANS) The Reserve Bank of India (RBI) has imposed a penalty of Rs 3 crore on IndusInd Bank for non-compliance with its directions on "Income Recognition and Asset Classification" (IRAC) norms and contravention of.

RBI also clarified that no merchant will at any level will charge MDRs to.

Mumbai: Bank of India (BoI) will raise Rs500 crore through a qualified institutional placement (QIP), a top official of the bank said. The bank is in the process of finalizing investment banks for the issue. “We are well-capitalized right now;.

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Welcome to Bank of Ceylon. We provide a wide range of products and services for your convenience. You could access our website and online banking 24/7 from anywhere.

Analysts polled by Reuters had forecast November’s CPI inflation to rise to 4.20 percent. Last week, the Reserve Bank of India (RBI) held rates unchanged, despite having faced some pressure to cut rates to aid growth. The central bank’s.

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MUMBAI: Bank of India’s new chief has launched Project Connect, an initiative to revive the bank that has suffered huge losses for two consecutive years due to a sharp rise in bad loans. “It is called Project Connect because the Connect.

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Central Bank forces BoI to compensate extra 6,000 tracker customers New figure is in addition to 4,300 already admitted by State’s largest lender

REUTERS – Bank of India (BOI.NS), the country’s sixth biggest lender by assets, reported a 41 percent jump in second-quarter profit, handily beating analyst estimates, with its bad loan ratio easing. Net profit rose to 1.79 billion rupees.

Senior banking sources said over 33% of bank account holders are yet to link their accounts to Aadhaar. A State Bank of India source said that around 65-70% of.

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The minimum balance requirement for Savings and Current Accounts is revised w.e.f from 01.12.2015 for Current Account = 5,000.00 and for Savings Bank Account = 1,000.

Public sector lender Bank of India (BOI) plans to raise ₹3,000 crore through qualified institutional placement (QIP) in the coming days, a top official said. This likely fund mop-up would be besides the Centre’s capital infusion that may come.

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