Bengaluru, Dec 23 (IANS) A 39-year-old woman working as an assistant manager with the Union Bank of India was shot dead allegedly by her husband on Tuesday in the Magadi Road area of Karnataka’s Bengaluru, police said. The accused later surrendered before the Magadi Road police and confessed to the crime.The victim has been identified as Bhuvaneshwari, the wife of Balamurugan.The victim was working at the Union Bank of India’s Basaveshwaranagar branch, and was residing in Bengaluru’s Rajajinagar…
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New Delhi, Dec 23 (IANS) Bank of India on Tuesday raised Rs 10,000 crore through the issuance of long-term infrastructure bonds at an interest rate of 7.23 per cent per annum.The fund-raising was carried out through the NSE Electronic Bidding Provider Platform.The base issue size was Rs 5,000 crore, with an additional green shoe option of Rs 5,000 crore.The issue received strong investor interest, with the bank getting 83 bids worth Rs 15,305 crore. Out of these, 37 bids amounting to Rs 10,000 c…
New Delhi, Dec 22 (IANS) The Reserve Bank of India (RBI) may cut the policy repo rate by 25 basis points to 5 per cent in its February monetary policy meeting given the RBI’s dovish guidance, a new report has said.The Union Bank of India (UBI) said in the report that there is scope for a final 25 bps cut either in February or April 2026, also due to central bank’s repeated references to benign inflation and subdued underlying price pressures.If adjusted for around 50 bps inflation contribution…