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Bank of India recently marked its 120th foundation day with a grand event celebrating its legacy of trust, service, and ...
Bank of India has declared Reliance Communications' (RCom) loan account as fraudulent and named former director Anil Ambani, ...
Anil Ambani argued that while the Bank of India had issued a show cause notice to 13 directors and key managerial personnel ...
MUMBAI -Days after the State Bank of India (SBI) declared Reliance Communications’ (RCom) accounts as ‘fraud’, the Bank of India has also classified the loan accounts of the company, its promoter Anil ...
A spokesperson for Anil Ambani said he “strongly denied all allegations and charges” and that he “will duly defend himself”.
India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said ...
India’s central bank has directed SBM Bank India to stop all outward remittance transactions in a blow to the bank and many of its fintech partners that offer services allowing users to invest ...
Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most ...
The Reserve Bank of India (RBI) is increasing its gold reserves as part of a diversification strategy. Generally, gold acts ...
Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the country, two sources told Reuters, making it the latest foreign ...
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50% on Wednesday, in line with expectations, as ...
The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to ...