by newsworm | Dec 5, 2024 | Banking, Canara Bank, HDFC Bank, ICICI Bank, Punjab National Bank, RBI, State Bank of India
Canara Bank has revised its fixed deposit (FD) rates, affecting the interest rates on deposits ranging from 7 days to 10 years. This move comes ahead of the Reserve Bank of India’s (RBI) decision on interest rates. Other major banks, such as Public Sector Banks... by newsworm | Dec 4, 2024 | Bank of Baroda, Banking, Canara Bank, Punjab National Bank, State Bank of India
Public sector banks in India are planning to raise Rs 54,800 crore through additional tier-1 (AT-1) and tier-2 bond issues in the remaining fiscal year to strengthen their regulatory capital. They have already raised Rs 31,500 crore, with State Bank of India (SBI) and... by newsworm | Nov 30, 2024 | Banking, Punjab National Bank
Punjab National Bank (PNB) and Bank of India will increase their marginal cost of funds-based lending rates (MCLR) by 5 basis points effective December 1. PNB is increasing its one-year MCLR from 8.95% to 9.0%, while Bank of India is increasing its one-month MCLR from... by newsworm | Nov 28, 2024 | Banking, Punjab National Bank
Punjab National Bank (PNB), India’s leading public sector bank, has launched a 24/7 NRI Customer Service Centre, along with a range of new financial services to enhance banking convenience for its Non-Resident Indian (NRI) customers. The services were launched... by newsworm | Nov 28, 2024 | Axis bank, Bank of Baroda, Banking, HDFC Bank, ICICI Bank, Punjab National Bank
The Bank of Baroda offers the highest interest rate for a one-year deposit, with a rate of 6.85%. Punjab National Bank follows closely with a rate of 6.80%. Axis Bank offers the lowest rate at 6.00% for the same period. For three-year deposits, Kotak Mahindra Ltd. and... by newsworm | Nov 25, 2024 | Banking, Indian Bank, Punjab National Bank, RBI
Here is a summarized version of the content in 200 words: The Financial Services Institutions Bureau (FSIB) has selected Binod Kumar, the Executive Director of Punjab National Bank (PNB), to be the new Managing Director and Chief Executive Officer (MD & CEO) of...