Three lenders raised the interest rates on their loans, a sign of a rising rate trajectory that will increase the EMIs for existing and new customers. HDFC has raised the retail prime lending rate (RP...
Birla Corporation has reported a net profit of Rs 111.08 crore for the fourth quarter of 2021-22, down 55.45 per cent from Rs 249.33 crore a year ago. Revenue for the quarter was Rs 2,333.54 crore, up...
State Bank of India (SBI) has hiked its interest rates on bulk deposits — Rs 2 crore and above — by 49-90 basis points, reflecting the upward movement of interest rates in the country afte...
Mathbhanga town resident Chinmoy Chakraborty, who on Sunday afternoon took the desperate measure of locking up an ATM kiosk of Punjab National Bank after his debit card stayed stuck inside the slot, g...
My husband invested Rs 15 lakh in SCSS from his retirement benefits jointly with me a few years ago. Now after becoming a senior citizen, I would like to invest also in SCSS for better interest benefi...
When Lord Hanuman could not tell the medicinal herbs apart, he lifted an entire hill and took it to the battlefield, according to the Ramayan. When Chinmay Chakraborty’s debit card got stuck in ...
FEL has made many other announcements on the non-payment of dues. Earlier this month, it defaulted on the payment of an aggregate amount of Rs 2,835.65 crore to a consortium of banks.
On March ...
The country's second-largest bank Punjab National Bank (PNB) said it was awaiting advisory from the Finance Ministry and the Reserve Bank with regard to SWIFT-related transactions with Russian ent...
The Tatas can expect bank loans to patch up Air India. A consortium of banks that include State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB) and the Union Bank of India are ke...
A vulnerability in the server of Punjab National Bank allegedly exposed the personal and financial information of its about 180 million customers for about seven months, according to cyber security fi...