RBI removes Indian Overseas Bank from PCA framework

Sep 29, 2021

New Delhi [India], September 29 : The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA)...

RBI imposes monetary penalty on Indian Overseas Bank

Jun 24, 2022

Mumbai (Maharashtra) [India], June 24 : The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50...

Migration can boost South Asia's recovery, support long-term development: World Bank

Nov 07, 2022

Coping with Shocks: Migration and the Road to Resilience is the subject of a two-day conference that opens today, organized by the Institute for...

Assam CM inaugurates elevated South Bank Corridor of Guwahati-North Guwahati Bridge

Mar 04, 2024

As a part of Bikash Yatra, Assam Chief Minister Dr Himanta Biswa Sarma on Monday inaugurated, laid foundations and performed bhumi pujan of projects...

World Bank sees 5.8 pc growth in South Asia in 2023 fiscal

Oct 03, 2023

South Asia is expected to grow by 5.8 per cent in the financial year 2023, but slower than its pre-pandemic pace and not fast...

India, Bangladesh agree to settle bilateral trade transactions in rupee, taka: Report

Apr 20, 2023

In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The...