Punjab National Bank Q2 Profit Beats Estimates, Shares Surge
State-run Punjab National Bank, the country’s fourth-biggest lender by assets, reported a 2 per cent rise in second-quarter profit, beating
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BANKING & SAVING
State Bank of India reduces lending rates on home and vehicle loans
India’s largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans
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RBI likely to cut rates in December 6 policy review: Report
The Reserve Bank is likely to cut rates at its December 6 policy review meet as retail inflation remains muted
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Sensex, Nifty hit historic high, banks steal show after govt’s recapitalisation plan
The BSE Sensex on Wednesday soared to the life-time high of 33,117.33 and the NSE Nifty scaled the historic 10,340.55
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Rs 2.11-lakh cr bank recap may make fiscal deficit target hard to achieve: Fitch
The massive Rs 2.11 lakh crore capital infusion in public sector banks may make the 3.2% fiscal deficit target for 2017-18 difficult
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Bajaj Holdings Q2 Consolidated Profit Rises 19% To Rs. 834 Crore
New Delhi: Bajaj Holdings and Investment Ltd (BHIL) Tuesday reported a 19 per cent rise in its consolidated profit after
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RBI Says Linking Aadhaar Number To Bank Accounts Mandatory
Mumbai: The Reserve Bank of India (RBI) on Saturday dismissed media reports that it was not necessary to link national
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs
New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following
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RBI lowers growth forecast to 6.7%, holds repo rate citing risk to inflation
Home and auto loan rates are unlikely to change, after the Reserve Bank of India (RBI) left its key policy
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SBI’s New Chief Puts Bad Debt Under Microscope, But Also Eyes Growth
Mumbai: Tackling bad debts will be the priority for State Bank of India, its newly appointed chairman Rajnish Kumar said
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