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SBI doubts ability of telcos to service loans

State Bank of India (SBI) on Thursday sought the provision of spectrum as a collateral as it expressed doubts over ability of the mobile companies to service their loan.
IndiaTimes

Telecom Minister Sinha meets industry captains; assures 'corrective steps'

Telecom Minister Manoj Sinha on Thursday vowed to save the debt-laden sector in his meeting with industry leaders, including Sunil Bharti Mittal, as incumbents highlighted the financial stress..
DNA

Videos for "Bank Of India"

News video: RBI clarifies confusion about coins of 10 rupee in the country

RBI clarifies confusion about coins of 10 rupee in the country 00:56

Reserve Bank of India clarifies confusion about coins of 10 rupee in the country...
Source: National News -

News video: RBI Turns Hawkish on Inflation, Has Food Price Concerns

RBI Turns Hawkish on Inflation, Has Food Price Concerns 03:03

Apr.06 -- Bloomberg's Harsha Subramanium reports on the Reserve Bank of India's monetary policy. He speaks on "Bloomberg Markets."
Source: Bloomberg Global Business -

News video: Rupee's Surge Riggers Revision in Estimates

Rupee's Surge Riggers Revision in Estimates 02:11

Apr.05 -- Bloomberg's David Finnerty reports on the rupee's biggest quarterly gain. He speaks on "Bloomberg Markets."
Source: Bloomberg Global Business -

News video: Mark Mobius Says India Small Caps Are Interesting

Mark Mobius Says India Small Caps Are Interesting 02:11

Apr.05 -- Templeton Emerging Markets Group Executive Chairman Mark Mobius discusses his outlook for India and discusses the Reserve Bank of India's monetary policy. He speaks on "Bloomberg Markets."
Source: Bloomberg Global Business -

News video: BNP's Iley Says India De-Monetization Shock Is Fading

BNP's Iley Says India De-Monetization Shock Is Fading 08:20

Mar.31 -- BNP Pariba Chief Economist Emerging Markets and Asia Richard Iley discusses his outlook for India and the markets. Bloomberg's Harsha Subramaniam also reports on "Bloomberg Markets."
Source: Bloomberg Global Business -

 

RBI reconstitutes Oversight Committee; appoints three more members

The Reserve Bank of India on Thursday reconstituted the Oversight Committee by appointing three more members.The high-level panel was formed to examine the process to resolve mounting bad loans in the..
All India Radio

GST to lower overall taxes in long-term, says RBI governor

Reserve Bank of India governor Mr. Urjit Patel today said that the soon-to-be implemented Goods and Services Tax (GST) will not only create a national market but will also broaden the tax base, which..
All India Radio

RBI rejigs oversight panel for bad loan resolution

MUMBAI (Reuters) - The Reserve Bank of India (RBI) on Thursday reconstituted a panel to oversee restructuring of troubled loans, as it strives to cut more than $150 billion of bad debt banks in
Sify Also reported by •Reuters India

RBI sets rupee reference rate at 64.4950 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 64.4950 against the US dollar and 72.0732 for the euro.
DNA

Tanzania: Magufuli Launches Upper Ruvu Water Treatment Plant

[Citizen] Ruvu -President John Magufuli has today launched the refurbished Upper Ruvu Water Treatment Plant (WTP) at Mlandizi, Kibaha District in the Coast Region. The project is worth Sh87 billion..
allAfrica.com

BRIEF-India cenbank announces names of members of overseeing committee

June 22 (Reuters) - Reserve Bank of India:
Sify

TABLE-India cenbank says repo bids fall to 32.45 bln rupees

June 22 (Reuters) - The Reserve Bank of India said on Thursday it accepted all 5 bids for 32.45 billion rupees ($502.77 million) at its one-day repo auction, through which it injects
Sify

Gujarat DCCBs to deposit Rs 2,200 cr old notes

District Central Cooperative Banks (DCCBs) in Gujarat are all set to deposit old currency notes worth Rs2,200 crore after the Centre on Wednesday directed all the banks to deposit demonetised currency..
DNA

RBI removes restrictions on foreign investment in IDFC

The Reserve Bank of India (RBI) on Wednesday removed restrictions on foreign investments in IDFC.
Zee News

SEBI relaxes norms for banks to take over listed companies stressed assets

Capital markets regulator, the Securities and Exchange Board of India (SEBI) on Wednesday relaxed takeover norms for acquisition of stressed assets of listed companies to help the government and the..
DNA

No 'premature policy action'; RBI to wait for more data: Urjit Patel

RBI Governor Urjit Patel had argued for avoiding "premature policy action" and waiting for more inflation data at the meeting of the interest rate setting panel earlier this month. RBI's Monetary..
DNA

RBI rate panel dissenter wanted 50 bp cut, rest watching inflation - minutes

MUMBAI (Reuters) - The Reserve Bank of India's monetary policy committee wants more evidence that inflation has sustainably fallen below its target before deciding whether to lower interest rates,..
Reuters India

RBI policy panel turns less hawkish, awaits data - minutes

MUMBAI (Reuters) - The Reserve Bank of India's monetary policy committee welcomed data showing inflation easing below its target, but wanted more assurance the trend would continue before deciding..
Reuters India


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