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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 …
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…
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…
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…
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 aggressively garnering funds via CDs, FDs amid firm credit off take
The rising demand for credit in last couple of days has prompted banks to garner funds aggressively…