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State Bank of India appoints four directors

Rajesh Kumar Dubey and Dharmendra Singh Shekhawat were added to the board
30-06-2023
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BANK OF INDIA - 532149 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet with Citadel International Equities
28-06-2023

Sidbi's net income jumps 71% to Rs 3,344 crore YoY in FY23: MD Ramann

The Small Industries Development Bank of India (Sidbi) on Tuesday said its net income jumped 71 per cent on-year to Rs 3,344 crore in FY23. The company's Chairman and Managing Director Sivasubramanian Ramann said the massive increase in profit and all other key number were driven by better all round performance which has helped it more than double its income to Rs 18,485 crore. Adressing the annual general meeting, Ramann said Sidbi achieved the highest-ever outstanding income, net-profit and balance sheet. The institution's balance sheet has crossed the Rs 4 lakh crore-mark. In FY23, its disbursements jumped 93 per cent from Rs 1,43,758 crore in FY22 to Rs 2,76,755 crore in FY23. Loans and advances increased from Rs 2,02,252 crore in FY22 to Rs 3,56,439 crore in FY23, a growth of 76 per cent. The asset base has grown 63 percent from Rs 2,47,379 crore to Rs 4,02,383 crore. In FY23, the bank registered an income of Rs 18,485 crore, an increase of 102 percent over the previous yea
27-06-2023
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BANK OF INDIA - 532149 - Outcome Of 27Th Annual General Meeting & Postal Ballot

Outcome of 27th Annual General Meeting & Postal Ballot
27-06-2023

RBI slaps penalties on Standard Chartered Bank-India, other entities

The Reserve Bank of India on Monday said it has imposed penalties on Standard Chartered Bank-India, TransUnion CIBIL, Equifax Credit Information Services, and other entities for contravention of various norms. A monetary penalty of Rs 30 lakh has been imposed on Standard Chartered Bank-India for non-compliance with certain provisions of the 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'. Also, a penalty of Rs 26 lakh has been imposed on TransUnion CIBIL Limited, Mumbai for non-compliance with certain provisions of the Credit Information Companies (Regulation) Act, 2005 [CIC (R) Act], according to releases. RBI has slapped a penalty of Rs 24.25 lakh on Equifax Credit Information Services, Mumbai for non-compliance with certain provisions of the CIC Rules. Among other entities, a fine of Rs 24.75 lakh has been imposed on Experian Credit Information Company of India, Mumbai for non-compliance with certain provisions of the CIC (R) Act. Further, a penalty of Rs 25
26-06-2023
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BANK OF INDIA - 532149 - Revised Annual Report FY 2022-23

Revised Annual Report FY 2022-23
26-06-2023

DBS Bank India appoints Rajat Verma as MD, Head of Institutional Banking

Rajat Verma will be taking over from Niraj Mittal, who will take charge as the country head of DBS Bank in Australia
26-06-2023
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