pnb

Jet Airways: Decision on funding carrier will be a collective decision says PNB CEO

Public sector Lender Punjab National Bank (PNB) on Wednesday said that any decision pertaining to infusion of funds to the liquidity crunched Jet Airways...

RBI categorizes IDBI Bank as “private Sector Lender” with effect from 21 January

The Reserve Bank of India (RBI) on Thursday (14/03/19) categorized the IDBI Bank as the 'Private Sector lender" after the acquisition lender by Life...

NPAs Under Mudra scheme surge by 53% in first 9 months of current fiscal

Bad loans or Non-Performing Assets(NPA) under the Pradhan Mantri Mudra Yojana (PMMY) has surged in the first nine months of the current fiscal, compared...
Kotak Mahindra Bank

Kotak Vs RBI: Bombay high court rejects lender’s plea in a case pertaining to...

The Bombay high court once again refused to grant any kind of interim relief to Kotak Mahindra Bank is its on going tussle with...
banks

SBI offers doorstep services for senior citizens and differently abled

Two years after Reserve Bank of India (RBI) directed the banks to offer doorstep services to senior citizens, India's largest commercial lender State Bank...
Inflation

Retail inflation surged to its 4 month high touching 2.57% in February

India's retail inflation surged to 2.57% in February touching a 4 month high but still the retail inflation remained under the RBI's tolerance limits,...

Rajnish Kumar: Small deposits, loans will continue to be MCLR based

A day after state Bank of India (SBI) took the decision of linking the interest rate of short-term loans and large savings deposits rates...

SBI announces linking of most of interest rates in line with RBI’s repo rate,...

In a significant move to address the issue of rapid transmission of changes in rates (interest rates) decided by RBI's Monetary Policy Committee (MPC),...
Hdfc bank branch

HDFC bank announces cut in MCLR for 1 and 2 years tenure by 5...

The Housing Development Finance Corporation (HDFC) bank has slashed its Marginal Cost based lending rate (MCLR) for loan of two and three years tenor...

ED probing ICICI’s ₹389 crore loans sanctioned by Chanda Kochhar

Two loan sanctioned by Chanda Kochhar when she was at the top of ICICI Bank are under the consideration of probe agency- Enforcement Directorate...