by newsworm | Mar 14, 2025 | Banking, Punjab National Bank, State Bank of India
Fixed Deposits (FDs) are a popular investment option offered by public and private banks, providing a safe and guaranteed return with a fixed interest rate. While general FDs are commonly available, some banks also offer special FD schemes with higher interest rates,... by newsworm | Mar 13, 2025 | Bank of Baroda, Banking, Punjab National Bank, State Bank of India
The article compares the returns offered by State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB) on fixed deposits (FDs) for a five-year tenure. The comparison is based on a lump sum investment of Rs 3 lakh, Rs 6 lakh, and Rs 9 lakh. The... by newsworm | Mar 13, 2025 | Banking, Punjab National Bank
Punjab National Bank (PNB) has introduced a new scheme called Instant Personal Loan, which will allow customers to avail a loan of up to Rs 1,00,000 with minimal documentation and no guarantor required. The loan can be applied for online through the bank’s... by newsworm | Mar 13, 2025 | Banking, Punjab National Bank, RBI, UCO Bank, Union Bank of India
Here is a summary of the content in 400 words: The Indian Banks’ Association (IBA) has announced that Atul Kumar Goel has taken over as its new Chief Executive (CE). With over three decades of experience in the banking sector, Goel brings a wealth of knowledge... by newsworm | Mar 12, 2025 | Bank of Baroda, Banking, Canara Bank, HDFC Bank, IDBI Bank, Punjab National Bank, RBI
Here is a summary of the content in 400 words: As of March 2025, several leading Indian banks have revised their Marginal Cost of Funds-based Lending Rates (MCLR), which impacts borrowing costs for individuals and businesses. The Reserve Bank of India (RBI) introduced... by newsworm | Mar 12, 2025 | Banking, Punjab National Bank, RBI, State Bank of India
Punjab National Bank (PNB), the second-largest government bank, has made borrowing more accessible by reducing interest rates on retail loans by up to 25 basis points. This move follows the Reserve Bank of India’s (RBI) recent repo rate cut. PNB has slashed...