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INDIAN CENTRAL BANK
SBI recruits 1,930 Circle Based Officers to strengthen banking operationsState Bank of India has recruited 1,930 Circle Based Officers nationwide. These new officers will strengthen customer service and banking o...- Why gold is showing signs of reversal after recent selling pressureGold prices are stabilising after recent declines, supported by escalating Middle East tensions, robust central bank buying and resilient A...
- Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturityHighest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank ...
- ICICI Bank prices $1 billion debt in largest dollar issue by Indian private lenderICICI Bank successfully issued a five-year dollar bond worth $1 billion, achieving a notably tighter spread. This offering stands as the la...
- India to roll out common customer ID for banks, insurers; mutual funds to follow, sources sayStarting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...
- UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
- RBI intervention blunts oil surge, shores up rupeeThe Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...
- Rupee ends nearly flat as central bank intervention blunts oil strainOn Thursday, the Indian rupee hovered close to a two-month low, influenced by potential intervention from the central bank to counteract ri...
- Rupee likely shielded by RBI intervention as oil surgesThe Indian rupee remained largely unchanged on Thursday. Higher oil prices and central bank actions influenced its movement. Global tension...
- RBI sold $6 billion in May to defend oil-hit Indian rupee, data showsThe Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...
- Rupee languishes at two-month lows as supply worries raise oil pricesThe Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an e...
- Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
- Rupee rebound bets vanish as soaring crude blunts inflowsWhat makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...
- Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
- Indian rupee gains as oil comes off; inflows, RBI intervention in focusThe Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...
- Stocks in news: CDSL, Adani Energy, L&T, Adani Total Gas, Emcure PharmaMarkets declined on Monday due to disappointing earnings and geopolitical worries. CDSL faced a Rs 1 crore penalty from Sebi for cybersecur...
- Rupee hits two-month low despite RBI intervention as crude oil surge weighsThe Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...
- Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rushBanks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...
- Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources sayIndian state-run banks expect to raise nearly $30 billion through the RBI's subsidised NRI dollar deposit scheme by September 30, bankers t...
- India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
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