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RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
Status-quo on interest rate likely, say experts ahead of RBI's policy review
The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…
PTI
PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3
Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …
PNB's net profit zooms 327% to Rs 1,756 crore, highest in 14 quarters
Public sector lender Punjab National Bank (PNB) on Thursday reported a 327 per cent jump in net pro…
PTI
Punjab National Bank Q1 net profit surges to ₹1,255 cr
In a regulatory filing, the public sector bank said it closed the Q1FY24 with a total income of ₹ 2…
Retail inflation eases to 3-month low of 5.1% in January, IIP grows 3.8% in December
Retail inflation eased to a three-month low of 5.1% in January mainly on account of lower food pric…
Bank strike on Saturday: Operations in some public sector banks likely to be hit
Operations of public sector banks (PSBs) may be impacted as bank union AIBEA has given a strike cal…
PTI
Fugitive diamantaire Mehul Choksi removed from Interpol database of Red Notices
The Red Notice is highest form of alert issued by the 195-member country-strong Interpol to law enf…
PTI
Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds
The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …
Plan in advance: Banks shut in Jan 2024 for New Year, Republic Day and more
In India, both public sector and private sector banks follow the guidelines issued by the Reserv…
SC suggest Nirav Modi's bro-in-law to give letter of authority to CBI to access offshore bank accounts
The central probe agency has alleged Mehta received a large sum of money siphoned off in the PNB fr…
PTI
Plan your financial errands – Bank holidays in 2024
In India, banks do no not work on Second and fourth Saturdays of all months. All Sundays are wee…
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
HDFC raises lending rates on housing loans by 5 basis points
The hike in rates came close on the heels of central bank RBI's recent hike in repo rate by 40 basi…
Plan your year-end – Banks shut for nine days all over India in December
Understanding the bank holidays in India is not only a practical necessity but also an opportunity …
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike
RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting o…
PTI
Banks to be closed for 50% of the days in November – Check out details
Bank holidays in any month can fall under national holidays, regional holidays and weekend hol…
PSU bank stocks on a high with room to play
Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…