Reserve Bank of India

  • Reserve Bank of India cuts repo rate by 25 bps to 5.75% 06 Jun 2019 07:44 The Times of India 06 Jun 2019, 12:24PM ISTSource: Times NowThe monetary policy committee (MPC) of the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points (bps) to 5.75 per cent in the second bi-monthly monetary policy meet of the financial year 2019-20 ( …
  • Reserve Bank of India enters top-10 list of central banks in gold reserves 04 Jun 2019 21:38 Deccan Chronicle Chennai: Having increased its gold holdings by 3.7 tonnes in March, the Reserve Bank of India has entered the top-10 list of central banks with the highest yellow metal reserves. Data published by the World Gold Council shows the RBI bought 12.1 tonnes of …

State Bank of India

  • State Bank of India "very closely" monitoring exposure to shadow banks 06 Jun 2019 14:36 Reuters BENGALURU, June 6 (Reuters) - State Bank of India (SBI) said on Thursday it was “very closely” monitoring its exposure to the country’s shadow banks, amid concerns of distress in the sector. A series of defaults at lender Infrastructure Leasing and …
  • State Bank of India to conduct a customer outreach programme next week 24 May 2019 21:17 business-standard The country's largest lender State Bank of India will conduct a customer outreach programme next week to address their queries and seek suggestions to improve services. The 'Mega Customer Meet', to be held on Tuesday, is expected to engage with …