Everything you need to know about Reserve Bank Nm Ltd.: news, reviews, in-depth analysis, opinion and more
Everything you need to know about Reserve Bank Nm Ltd.: news, reviews, in-depth analysis, opinion and more
New Delhi, May 23 (ANI): Finance Minister P. Chidambaram on Thursday sought to calm stock markets in India after Federal Reserve Chairman Ben Bernanke suggested bond purchases could be scaled back if the U.S. economy improves.
Mumbai, May 23 (IANS) A benchmark index of the Indian equities markets closed Thursday's trade nearly two percent down on reports that the US may reverse its monetary stimulus programme that spooked markets across the world.
London, May 23 (ANI): The town mayor of St Edmundsbury in Suffolk, accidentally drove his car through the front doors of his local supermarket on Tuesday - just five days after he was elected to his post.
Mumbai, May 23 (IANS) India's largest lender State Bank of India (SBI) Thursday said its net profit dropped by 18.54 percent to Rs.3,299.22 crore in the quarter ended March 31 owing to lower interest income and higher provisioning.
Mumbai, May 23 (IANS) A benchmark index of the Indian equities markets was trading 1.76 percent down around 2.30 p.m. trade Thursday, on the back of news emanating from the US that the stimulus programme could come to an end soon and weakness in other Asian bourses.
Madrid, May 23 (IANS) FC Barcelona confirmed that the football club has agreed to extend the contract of utility player Adriano Correia until the end of June 2017.
Wellington, May 23 (ANI): Jenifer Lopez has teamed with Verizon Wireless to announce the launch of Viva Movil, which aims to sell phones and services to Latinos.
Tokyo, May 23 (IANS/EFE) Japan's central bank said Wednesday that it will continue pursuing its current stimulus program and that the country's economy "has begun to recover" thanks to a reversal in the decline of exports, which account for 40 percent of Japanese GDP.
London, May 23 (IANS) Pop star Jennifer Lopez will reportedly perform on the semi-final episode of music reality show "Britain's Got Talent", and sing her latest track "Live it up".
Union Bank of India has declared the final result for Bank PO results provisionally. The results for the list of 730 candidates as Probationary Officers in JMG SC-1
Beijing, May 22 (Xinhua-ANI): The U.S. dollar advanced against most major currencies on Tuesday, but weakened against the euro after a U.S. Federal Reserve official indicated that the central bank may not taper its bond-purchasing program soon.
The Hague, May 22 (IANS) Ajax football coach Frank de Boer has agreed to extend his contract until the middle of 2017.
Kolkata, May 21 (IANS) US Ambassador Nancy Powell Tuesday called for greater economic opening and more foreign investments for India's higher economic growth, saying "there is more yet to do" in the area of reforms to return to 10 percent growth.
New Delhi, May 21 (IANS) Qatar National Bank (QNB), one of the Gulf region's largest lender, Tuesday said it will set up a fully-owned subsidiary in India and start operations in the third quarter of 2013.
Kolkata, May 21 (IANS) US Ambassador Nancy Powell Tuesday called for greater economic opening and more foreign investments for India's higher economic growth, saying "there is more yet to do" in the area of reforms to return to 10 percent growth.
Washington, May 21 (ANI): Coleen Rooney and her footballer husband Wayne welcomed their second child to their family on Tuesday morning.
Mumbai, May 21 (IANS) "Ghayal Returns" will begin from where the 1990 hit-film "Ghayal" left, says actor Sunny Deol.
Mumbai, May 21 (IANS) Actress Shruti Haasan, daughter of legendary actor Kamal Haasan and actress Sarika, always wanted to be in showbiz, but was skeptical about facing the camera because she didn't find herself attractive enough to be a heroine.
Tokyo, May 21 (IANS/EFE) The Japanese government Monday revised upward its evaluation of the economy given the weakness of the yen, which is helping to push exports and encouraging companies to increase production.
Washington, May 21 (IANS) The World Bank President, Jim Yong Kim, and UN Secretary-General Ban Ki-moon will make a joint visit to Africa's Great Lakes region, a World Bank statement said Monday.
Mumbai, May 20 (IANS) Actor-comedian Kapil Sharma marks his debut as a producer with TV show "Comedy Nights With Kapil".
New Delhi, May 20 (IANS) India and China should focus on trading in their own currencies, the rupee and renminbi, instead of the US dollar, as this would help reduce risk and cut exchange costs, Reliance Group Chairman Anil Ambani said Monday.
Mumbai, May 20 (IANS) Preeti Amin, who played a mute character, Surili, in "Lapataganj", says she will not be a part of its second season, but has no regrets.
Chennai, May 20 (IANS) Private sector City Union Bank plans to open around 80 branches and add more automated teller machines (ATM) this year, a top official said Monday.
London, May 20 (IANS) Bank of England Governor Mervyn King said in a television interview that Britain's economy had achieved "only a modest recovery".
Ramallah, May 19 (IANS) The role of the US in reviving the Palestinian-Israeli peace negotiations lacks credibility, a Palestinian official said Sunday.
Moscow, May 19 (IANS/RIA Novosti) A group of Russian military observers will carry out two inspection missions over the US under the Open Skies Treaty between May 19 and June 3, the Russian defence ministry said.
Kolkata, May 18 (IANS) State Bank of India (SBI) chairman Pratip Chaudhuri Saturday said the central bank's request to banks not to aggressively sell gold products may not lead to a reduction in consumption and greater steps are required to check the demand for the precious metal.
Kolkata, May 18 (IANS) The country's largest lender, State Bank of India (SBI), Saturday the Reserve Bank of India (RBI) should become the sole regulator for all home loan institutions - banks as well as housing finance companies.
Kolkata, May 18 (IANS) Public sector lender State Bank of India (SBI) chairman Pratip Chaudhuri Saturday said the lender's margins in overseas business were under pressure.
Chandigarh, May 18 (IANS) What was supposed to be a bumper crop with a record target for wheat procurement has turned out to be a dampener with much lower quantities of wheat arriving in grain markets across Punjab and Haryana - the country's breadbasket.
Mumbai, May 18 (IANS) Key indices of Indian equities markets rallied for the fifth week in a row, with the benchmark Sensex gaining 164 points in the weekly trade as a sharp drop in inflation boosted hopes of an early rate cut by the Reserve Bank of India.
Kolkata, May 18 (IANS) Pratip Chaudhuri, chairman of the country's largest lender, State Bank of India (SBI), said Saturday that the RBI and SEBI should start public awareness campaigns for depositors on the risk of investing in shady companies.
Moscow, May 18 (IANS/RIA Novosti) In a bid to track its wildlife and hunt down poachers, Russia is all set to test unmanned aerial vehicles (UAVs) at a nature reserve on the country's Pacific coast this summer.
Bangalore, May 17 (IANS) Leading Turkish private bank Turkland Bank has deployed Finacle software product of Indian IT bellwether Infosys for its core banking, customer relationship management and treasury operations.
Washington, May 17(ANI): Nicki Minaj has opened up about her turbulent home life and struggle to fit in at school as a kid.
New Delhi, May 17 (IANS) India and China will be the biggest investors by 2030, accounting for 38 percent of the global gross investment and almost half of all the world manufacturing investment, says the World Bank.
Tokyo, May 17 (IANS/EFE) Japan grew at a 3.5 percent clip in the first quarter relative to the same period last year, as Prime Minister Shinzo Abe's ambitious program to combat deflation and revitalize the world's third-biggest economy began to yield results.
Washington, May 17 (IANS/EFE) The US consumer price index dropped 0.4 percent in April, bring the 12-month inflation rate down to 1.1 percent, the Bureau of Labor Statistics said Thursday.
New Delhi, May 16 (IANS) The Supreme Court Thursday said that the registrar or the joint registrar of co-operative societies should resist political pressures and if they choose to succumb to it then they would be personally liable to bear the cost of litigation that would arise out of their decisions inspired by extraneous considerations.
Kolkata, May 16 (IANS) India's taking measures to curb gold imports on the back of high current account deficit may impact its bilateral trade with South Africa which is a major exporter of the yellow metal, a South African diplomat said Thursday.
Mumbai, May 16 (IANS) A benchmark index of the Indian equities markets closed flat Thursday, as losses in consumer durables and auto stocks offset gains in realty, healthcare, oil and gas and banking scrips.
Washington, May 16 (IANS) US industrial production, an indicator of the output of mines, factories and utilities, dropped 0.5 percent in April, US Federal Reserve reported.
Sydney, May 16 (ANI): Cricket Australia (CA) CEO James Sutherland has backed that infamous 'homework' debacle in India, saying that there were lots of lessons for people involved, who will be better for having gone through it.
Mumbai, May 16 (ANI): The Reserve Bank of India (RBI) will launch inflation-linked bonds every month to attract household savings of up to Rs.15,000 crore in fiscal 2013-14, so as to discourage investments in gold.
Melbourne, May 15 (IANS) Cricket Australia (CA) and the Commonwealth Bank Wednesday announced a renewal of their long-standing partnership with Commonwealth Bank set to become the Test team and Test series partner for the next four Australian seasons beginning with this summer's Ashes in Australia.
Mumbai, May 15 (IANS) The Reserve Bank of India (RBI) will issue inflation-linked bonds of Rs.12,000 crore to Rs.15,000 crore in the current financial year to protect the savings of the poor and middle classes from the general price rise and help curb gold imports.
Mumbai, May 15 (IANS) A benchmark index of the Indian equities markets surged nearly 500 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.
Mark Twain once said that a gold miner is a liar standing next to a hole dug up in the ground. The time has come for financial market participants to stop looking at the world through the prism of a goldbug.
Los Angeles, May 15 (IANS) After signing Marvel Studio's superhero film "Guardians Of The Galaxy", actress Zoe Saldana has become part of three big sci-fi franchises, including "Avatar" and "Star Trek", but insists it was not planned.
Chennai, May 15 (IANS) Patterns Software Design Institute plans to tie up with software product developers and engineering colleges to train their executives and students in software design architecture, an official said.
Mumbai, May 15 (IANS) A benchmark index of the Indian equities markets surged more than 400 points Wednesday led by strong buying support in interest rate-sensitive banking, realty and auto stocks on expectation of rate-cut after inflation fell to a three-year-plus low.
Kolkata, May 14 (IANS) Public sector United Bank of India is planning to opt for a qualified institutional placement (QIP) for raising about Rs.1,000 crore capital, a top official of the bank said Tuesday.
Kolkata, May 14 (IANS) Public sector lender United Bank of India Tuesday reported a 79 percent dip in its net profit to Rs.31.18 crore for the quarter ended March 31, 2013, from Rs 149.29 crore for the same period in the previous year.
Bangalore, May 14 (IANS) Union Finance Minister P. Chidambaram Tuesday met top bank executives and leading industrialists here on speeding up execution of infrastructure projects by addressing procedural and structural issues.
Agartala, May 14 (IANS) Despite the Reserve Bank of India asking nationalised banks to improve their credit flows to the industry-starved northeast, the credit-deposit ratio in the region has remained static during the past many years, Tripura Finance Minister Badal Chaudhury said here Tuesday.
New Delhi, May 14 (IANS) India's headline inflation fell below five percent in April, the lowest since November 2009 as prices of vegetables, milk, eggs, meat and fish eased, government data showed Tuesday.
The Japan International Cooperative Agency (JICA) has offered the Uttar Pradesh government for a financial assistance for many upcoming projects in the state including Metro rail project and the Agra-Lucknow expressway, officials said Tuesday.
Paris, May 14 (IANS) Newly crowned French Ligue 1 champions Paris Saint-German (PSG) cancelled a championship celebrations with players on cruise on the Seine river scheduled Monday evening after clashes between fans and police escalated at the crowded Trocadero Plaza.
Lucknow, May 14 (IANS) The Japan International Cooperative Agency (JICA) has offered the Uttar Pradesh government financial assistance for the Metro rail project and a host of other projects, including the Agra-Lucknow expressway, officials said Tuesday.
New Delhi, May 13 (IANS) Jewellers across the country registered high sales this Akshay Tritiya Monday as customers emptied their wallets to buy the yellow metal that fell 1.2 percent in international market, holding near its weakest level in two weeks.
Melbourne, May 13 (ANI): A Victorian man - clinically dead for 40 minutes - was brought back to life with the help of an Australian-first resuscitation technique.
New Delhi, May 13 (IANS) Bank of Baroda's net profit for the quarter ending March 31 dipped to 32.21 percent, the public sector bank told the Bombay Stock Exchange.
New Delhi, May 13 (ANI): Despite the Reserve Bank of India (RBI) ordering banks to clear all dues of armed forces pensioners, the former is yet to hand over these amounts.
London, May 12 (ANI): The Bank of England is facing a threat of court action for failing to adhere to equality laws following its decision to replace the only historical female figure on English banknotes with a man.
Accra, May 12 (IANS) The Indian government, through the Exim Bank of India, is assisting several African countries in building their physical and social infrastructure that is worth an estimated $260 million.
Kolkata, May 11 (IANS) Police have unearthed property worth Rs.750 crore so far by quizzing chit fund-aided Saradha Group's arrested promoter Sudipa Sen and his top aides, an official said Saturday. Six motorcycles with red beacons and hooters allegedly used by company's officials to carry cash was also seized.
Kolkata, May 11 (IANS) Police have unearthed property worth Rs.750 crore so far by quizzing chit fund-aided Saradha Group's arrested promoter Sudipa Sen and his top aides, an official said Saturday. Six motorcycles with red beacons and hooters allegedly used by company's officials to carry cash was also seized.
Mumbai, May 11 (IANS) India's foreign exchange (forex) reserves decreased by $2.06 billion to $294.30 billion for the week ended May 3, according to data released by the central bank.
Washington, May 11 (ANI): Kate Upton has hit back at people who criticize her figure, insisting that her breasts are natural.
New York, May 10 (IANS) An international gang of cyber thieves, accused of stealing $45 million from banks around the globe in "a massive 21st-century bank heist", infiltrated an unnamed Indian card-processing company in one of their operations, according to a media report.
Managua, May 10 (IANS/EFE) UNESCO director-general Irina Bokova inspected two of the three biosphere reserves in Nicaragua to get a firsthand look at their condition, first lady Rosario Murillo said.
Mexico City, May 10 (IANS/EFE) The Mexican government proposed a bank reform package aimed at spurring lending and promoting economic growth.
Washington, May 10 (ANI): Researchers from Brown and Case Western Reserve universities and Carnegie Institution of Washington have found that the water found on the moon, like that on Earth, came from small meteorites called carbonaceous chondrites in the first 100 million years or so after the solar system formed.
London, May 9 (IANS) Germany's Thomas Bach is likely to announce his candidature for president of International Olympic Committee to succeed Jacques Rogge.
New Delhi, May 9 (IANS) Punjab National Bank's net profit dropped 20.6 percent during the fourth quarter (January to March) of fiscal 2012-13.
Srinagar, May 9 (IANS) The Reserve Bank of India (RBI) has completed investigations against banks after the expose by web portal Cobrapost for violating prudential banking norms and will take action if they are found guilty, Governor D. Subbarao said here Thursday.
Chennai, May 9 (IANS) Government-owned Indian Bank closed last fiscal with a Rs.166 crore fall in its net profit owing to higher provisioning for bad debts and other accounts despite the total income going up by Rs.1,717 crore.
New Delhi, May 9 (IANS) Public sector Union Bank posted a 2.07 percent rise in net profit to Rs.789 crore for the last quarter (January-March) of the 2012-13 financial year from Rs.773 crore clocked during the corresponding period in 2011-12.
London, May 9 (ANI): Astronomers have discovered a never-before-seen cluster of hydrogen clouds strewn between two nearby galaxies, Andromeda (M31) and Triangulum (M33).
Beijing, May 9 (IANS) China's producer price index (PPI), a barometer of future consumer inflation, fell 2.6 percent year on year in April, the National Bureau of Statistics said Thursday.
New Delhi, May 9 (ANI): The foreign exchange earnings from tourism increased by 7.5 per cent in April as compared to the same period last year, even though there was no change in the number of foreign tourists.
Washington, May 8 (IANS) The California-based subsidiary of State Bank of India (SBI) has agreed to take a series of steps to improve its banking practices related to bad loans following a review by US regulators.
Bhubaneswar, May 8 (IANS) Six people were killed and three others injured, some of them critically, when a passenger train rammed into their vehicle in Odisha's Dhenkanal district Wednesday, police said.
Ranchi, May 8 (IANS) Four Indian Reserve Battalion (IRB) policemen were killed Wednesday in Jharkhand when their vehicle collided with a truck, police said.
Jerusalem, May 8 (Xinhua-ANI): The Israeli army arrested 16 Palestinians in the West Bank overnight Tuesday for their alleged involvement in security-related offenses.
Hyderabad, May 8 (IANS) State Bank of Hyderabad (SBH) Wednesday said it is not considering merger with the State Bank of India (SBI) and that it will continue as an independent bank.
Washington, May 8 (IANS) US consumer credit increased at an annual rate of 3.4 percent in March, less than half of the 8 percent pace in the previous month, the US Federal Reserve reported.
Madrid, May 8 (IANS) Real Madrid manager Jose Mourinho sent out a clear message to former captain Iker Casillas that he will not be first choice keeper at the club while he is there.
Moscow, May 8 (IANS/RIA Novosti) Russia will take a $40 million loan from the World Bank to prevent forest fires and promote sustainable forest management, a government resolution said Tuesday.
Kolkata, May 7 (IANS) Public sector lender UCO Bank Tuesday registered 80.40 percent slide in its net profit to Rs.59.55 crore for the quarter ended March 31, 2013 from Rs.252.84 crore during the same period in the previous year.
Beijing, May 7 (IANS) China Tuesday reiterated its call for necessary conditions for resuming peace talks between Palestine and Israel, reported Xinhua.
New Delhi, May 7 (IANS) The government Tuesday said public sector banks and insurance companies have suspended at least 15 officers and employees on money laundering allegations as exposed in a sting operation by an investigative website Cobrapost.
London, May 7 (ANI): Record numbers of stag and hen parties will flock to towns and cities across the UK this month, an event agency has revealed.
New Delhi, May 7 (ANI): The Finance Ministry has asked public sector banks and the Life Insurance Corporation (LIC) to take immediate action against employees who "appear to be advising" customers on ways to violate regulatory norms, including the Know Your Customer (KYC)norm.
Bangalore, May 6 (IANS) South Indian Bank Ltd, a leading Kerala-based private sector bank, reported net profit of Rs.502 crore for 2012-13, posting 25 percent year-on-year (YoY) growth over previous fiscal at Rs.402 crore.
New Delhi, May 6 (ANI): The government has asked the Chairman-cum-Managing Directors (CMDs) of Public Sector Banks (PSBs) and LIC to initiate immediate action against those exposed by Cobrapost, Red Spider 2 Expose.
New Delhi, May 6 (IANS) The government Monday asked top financial institutions, including State Bank of India, Punjab National Bank and the Life Insurance Corporation, to probe into the allegations of money laundering as exposed in a sting operation by an investigative website Cobrapost.
New Delhi, May 6 (IANS) An investigative website Cobrapost Monday alleged that at least 23 top public and private banks and insurance companies have been doing large-scale money laundering. Several of the firms named denied the allegation.
New Delhi, May 6 (ANI): An online magazine 'Cobrapost' has accused the State Bank of India (SBI), the Life Insurance Corporation of India (LIC) and various other banks and private insurers of indulging in money laundering.
