by Team Small News | Jun 7, 2025 | Bank of Baroda, Punjab National Bank, RBI, UCO Bank
UCO Bank has announced a reduction in its marginal cost of fund-based lending rate (MCLR) by 10 basis points across all tenures, following the Reserve Bank of India’s (RBI) decision to cut the repo rate. The reduced MCLR rates will come into effect from June 10....
by Team Small News | Jun 7, 2025 | Punjab National Bank
Many people believe that older individuals are unable to obtain loans, but this is not necessarily the case. In fact, several banks, including Punjab National Bank (PNB), offer loan facilities to senior citizens, even after retirement. PNB’s Personal Loan Scheme...
by Team Small News | Jun 4, 2025 | Bank of Baroda, Canara Bank, Punjab National Bank, State Bank of India
Punjab National Bank (PNB), the second-largest public sector lender, has revised its fixed deposit (FD) interest rates for general citizens and senior citizens. The bank now offers FD interest rates ranging from 3.5% to 6.9% for general citizens. The highest return of...
by Team Small News | Jun 3, 2025 | Canara Bank, Punjab National Bank
As of June 1, 2025, two state-owned banks, Punjab National Bank and Canara Bank, have updated their interest rates on fixed deposits. The changes apply to deposits less than ₹3 crore for general citizens, with senior citizens eligible for an additional 50 basis...
by Team Small News | May 29, 2025 | Punjab National Bank, State Bank of India
The article compares the 5-year fixed deposit (FD) returns of two public sector banks, State Bank of India (SBI) and Punjab National Bank (PNB), on an investment of Rs 10 lakh. For a 5-year FD, SBI offers an interest rate of 5.50% per annum for the general public and...
by Team Small News | May 16, 2025 | Punjab National Bank
A UK court has rejected the bail plea of Nirav Modi, a fugitive diamond merchant wanted in India for his alleged role in the Rs 6,000 crore Punjab National Bank (PNB) scam. This is the 10th time that Modi’s bail petition has been rejected since his detention in...