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Extra provisioning for off-book exposuresMUMBAI: The Reserve Bank of India on Friday proposed extra provisioning for bank exposures such as currency derivatives and interest rate related contracts that are not shown on balance sheets. If the proposals come into force, banks will have ...
SBI principal agent of Western UnionMUMBAI: State Bank of India on Friday said it had been appointed as principal agent of Western Union Financial Services Inc. “The Reserve Bank of India has appointed the bank as the principal agent of the global money transfer services ...
Godrej Properties files prospectusMUMBAI: Godrej Properties, where Adi Godrej led-Godrej Industries owns a majority stake along with the family, on Friday filed a draft prospectus with market regulator SEBI for its IPO, estimated to mobilise up to Rs. 600 crore. ... Other Stories
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