Dec 17, 2014 at 20:22 | Source: PTI
The Reserve Bank also cautioned SBI, Axis Bank and State Bank of Patiala in the same case. "The RBI has imposed monetary penalty on the two banks for violation of its instructions, among other things, on know your customer/anti money laundering Know Your Customer (KYC) /Anti Money Laundering(AML)," the central bank said in statement.
Dec 08, 2014 at 09:40 | Source: Moneycontrol.com
Central Bank of India has considered and approved raising of additional equity capital by issuance and allotment of, upto 8,28,90,000 equity shares at the issue price of Rs. 75.55 per equity share to Life Insurance Corporation of India on preferential basis.
Dec 05, 2014 at 08:15 | Source: Moneycontrol.com
Most Asian markets are trading up except the Nikkei. The SGX Nifty in the morning around 8.10 am was trading flat at around 8604, up only 3.50 points, so the Nifty that tracks the SGX Nifty is likely to consolidate today.
Dec 04, 2014 at 13:29 | Source: Moneycontrol.com
ICRA expects the first Repo rate cut may be advanced to mid-March 2015, from our previous expectation of Q1FY16.
Dec 04, 2014 at 08:23 | Source: CNBC-TV18
ITC | Mahindra and Mahindra | Ranbaxy Labs | Axis Bank | Strides Arcolab | Central Bank of India | NMDC | ICICI Bank | Hindustan Zinc | Future Lifestyle | IOC | MRPL | SAIL | Sadbhav Engineering | VST Industries | Godfrey Phillips | Suven Life and MCX India are stocks, which are in the news today.
Dec 02, 2014 at 14:30 | Source: CNBC-TV18
Arundhati Bhattacharya expects the central bank to undergo a series of rate cuts in 2015, starting with at least a 50 bps cut in March.
Dec 02, 2014 at 08:17 | Source: CNBC
Over the weekend, Switzerland's voters overwhelmingly rejected a proposal to require the country's central bank, Swiss National Bank (SNB), to raise its gold holdings to 20 percent of its assets from around 7 percent currently as well as preventing it from selling any more of its gold holdings.
Dec 01, 2014 at 11:56 | Source: Moneycontrol.com
State Bank of India has informed BSE that Shri. A Krishna Kumar, Managing Director, nominated under Section 19(b) of the SBI Act, 1955, ceased to be a Director on the Bank's Central Board, consequent upon his superannuation, as at the close of business on November 30, 2014.
Nov 25, 2014 at 21:34 | Source: CNBC-TV18
Here onwards ODIs can be issued only to an investor who is a resident in a country which is 1) FATF compliant where the 2) securities market regulator is an IOSCO signatory 3) the central bank is a BIS member.
Nov 24, 2014 at 19:00 | Source: Reuters
According to the Sebi statement on Monday, ODIs will now have to be consistent with India's new foreign investment requirements, including that an investor be from a country whose central bank is a member of the Bank for International Settlements.