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    • Rs 9.6 lakh crore

      • The total reserves with the RBI stand at Rs 9.6 lakh crore, up from Rs 8.38 lakh crore in F17. The RBI reserves are divided under several heads. It holds contingency fund worth Rs 2.32 lakh crore, up from Rs 2.28 lakh crore in FY17. Under currency and gold revaluation account, the RBI holds Rs 6.92 lakh crore, up from 5.3 lakh crore in FY17.
      economictimes.indiatimes.com/industry/banking/finance/banking/battle-over-reserves-heres-how-much-money-rbi-sits-on-can-part-with-and-how-it-builds-the-funds/articleshow/66625456.cms

      Battle over reserves: Here's how much money RBI sits on, can ...

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  3. www.moneycontrol.com › financials › bankofindiaBank Of India Balance Sheet, Bank Of India Financial ...

    May 8, 2024 · Get Bank Of India latest Balance Sheet, Financial Statements and Bank Of India detailed profit and loss accounts.

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      Check company quarterly results, annual earnings, financial...

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      Bank of India Share Price: Find the latest news on Bank of...

  4. www.rbi.org.in › scripts › Data_MSupplyReserve Bank of India - Data on Money Supply

    Money Supply for the fortnight ended July 12, 2024. Jul 10, 2024. Reserve Money for the week ended July 05, 2024 and Money Supply for the fortnight ended June 28, 2024. Jun 26, 2024. Reserve Money for the week ended June 21, 2024 and Money Supply for the fortnight ended June 14, 2024. 2024. 2023. 2022.

  5. economictimes.indiatimes.com › wealth › personalIf bank fails, Rs 5 lakh deposit insurance amount to be ...

    Feb 1, 2021 · As per DICGC rules, each depositor in a bank is insured up to Rs 5 lakh for both the principal and interest amount on depsoits held by him in that particular bank. This includes all deposits held by a person in current account, savings account, fixed deposits and so on.

  6. groww.in › blog › how-do-banks-make-moneyHow Do Banks Make Money? - Groww

    • Net Interest Margin
    • Interchange Fees
    • Account and Atm-Related Fees

    While banks borrow funds at a lower interest rate, they tend to charge comparatively higher interest rates on loans that they disburse. The difference in these interest rates is called net interest margin, which acts as a significant source of income for banks. The money that customers deposit in their savings and/or current accounts is the money t...

    See full list on groww.in

    Interchange fees are another major source of income for banks. It is the charge that financial institutions levy for carrying out transactions with debit cards or credit cards. Whenever a customer makes a purchase and swipes their cards, a specific charge is levied on the merchant. The majority of the interchange fees go towards the customer’s bank...

    See full list on groww.in

    In addition to interchange fees, a bank levies a wide range of charges such as the following: 1. ATM fees Customers are allowed to carry out a certain number of ATM transactions per month from ATMs belonging to banks other than the issuing financial institution. Customers have to pay a certain fee if they make ATM transactions beyond that limit. Mo...

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  7. qz.com › india › 1152579A simple guide to how money circulates in the Indian economy

    Dec 10, 2017 · A simple guide to how money circulates in the Indian economy. Nothing is constant. When money is released by the RBI (Reserve Bank of India) into the economy, it goes into circulation...

  8. bankofindia.co.in › savings-account › savings-plusSavings Plus Account Online - BOI - Bank of India

    Jan 12, 2021 · Bank of India Savings Plus Scheme offers higher interest rates, convenient banking, & other benefits. Start growing your savings today!

  9. www.rbi.org.in › Scripts › AnnualReportPublicationsAnnual Report - Reserve Bank of India

    As on March 31, 2021, the State Bank of India accounted for the highest share (55.0 per cent) in the currency chests network (Table VIII.3). Indent and Supply of Currency VIII.7 The indent of banknotes was lower by 9.7 per cent in 2020-21 than that of a year ago.