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State Bank of India

SBI Cards plans to launch 4 new products this fiscal

Last year, the card issuer launched four products, including a Doctor's SBI Card.

8 July 2018 6:10 PM IST

Central Bank of India (Photo: Representational Image)

PSU banks plan to raise over Rs 50,000 crore equity capital in FY19

Leading the pack is the Central Bank of India, which has already got shareholders' approval.

8 July 2018 3:09 PM IST

The Reserve Bank of Indias regional office here on Friday received 14 tonnes of new Rs 500 notes worth crores of rupees to be dispatched to banks across the state.

19.83 per cent growth in revenue collections in Q1 of this fiscal

In the first quarter of the 2017-18 fiscal, the state achieved revenue of Rs 13,374.25 crore.

7 July 2018 11:45 AM IST

A senior KSRTC officer said, When fuel prices were hiked, we assumed they would drop but now, our fuel expenditure has risen. (Representational Image)

Oil companies hike fuel prices after a month

Since May 29, prices were being reduced as international prices had started softening.

6 July 2018 12:34 AM IST

Dollars gains against other currencies overseas put squeeze on rupee.

Telangana industries under pressure from rupee

Telangana is not only a bulk drugs hub in the country, but also the second largest IT exporter.

6 July 2018 12:30 AM IST

The greenback has rallied since new Federal Reserve chairman Jerome Powell delivered upbeat testimony to lawmakers last week.

Rupee dips to all-time low, turns most vulnerable

Higher demand for dollar, rise in crude price hit rupee.

6 July 2018 12:27 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Bank credit grows at 12.84 per cent, deposits at 7.59 per cent

Loans to industry rose by 1.4 per cent in May 2018, against a contraction of 2.1 per cent in May 2017.

5 July 2018 7:07 PM IST

Trump administration in the WTO alleged that export incentives were harming American companies.

WTO sees signs of trade tensions starting to affect global economy

WTO analysis found that G20 countries introduced 39 new trade restrictions between mid-Oct last year and mid-May this...

5 July 2018 8:38 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank aims to grow home loan book to Rs 2 trillion by FY20

At Rs 1.5 trillion, the mortgage loan-book is half of the bank's overall retail loan portfolio of around Rs 3 trillion,...

4 July 2018 7:11 PM IST

The Income-Tax (I-T) raids continued for the second day on the houses and offices of two businessmen.

IT Department expedites clearance of pending issue of refunds

More than Rs 70,000 crore of refunds have been issued to the taxpayers as a result of the special drive.

4 July 2018 2:06 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI issues license to Bank of China for operations in India

The decision was based on the commitment made by Prime Minister Narendra Modi to the Chinese leadership.

4 July 2018 2:02 PM IST

According to the district agricultural office, paddy farming was held in 835 hectares out of 1,615 hectares of fallow land in various places in the district.

Cabinet hikes minimum support price of paddy by Rs 200 per quintal

The proposed hike is estimated to cost the taxpayers a whopping amount of Rs 15,000 crore annually.

4 July 2018 1:14 PM IST