Tag: punjab national bank
Lenders asked to step up vigil on advance payments, LCs for imports
The government has asked banks to step up watch after receiving reports of misuse of advance payments mechanism and letters of credit (LCs) for goods…
myanmar: Myanmar wants Rupee-Kyat trade arrangement by June-end
Myanmar Commerce Minister U Aung Naing Oo on Monday expressed hope that a Rupee-Kyat trade arrangement between the two nations is finalised by June-end. Oo…
PNB launches IVR based UPI 123PAY: How to use, other features
Punjab National Bank (PNB) has launched an IVR-based UPI solution, UPI 123PAY, in line with the Digital Payment Vision 2025 of a cashless and cardless…
RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged
Is the era of rising interest rates on fixed deposits (FDs) coming to an end? Only time will tell but there is a chance that…
Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations
The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and…
On ₹2,000 note-swap, PNB clarifies there’s no need to show ID, fill form
The Punjab National Bank (PNB) on Tuesday said there is no need to show any identity proof such as Aadhaar card or present any official…
bhagwat karad: Unclaimed deposits of Rs 35,012 crore with PSU banks transferred to RBI: MoS Finance Bhagwat Karad
About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to the Reserve Bank by public sector banks (PSBs) in respect of deposits…
PNB, Bank of India, Bandhan Bank hike loan interest rates: EMIs to increase further
Punjab National Bank (PNB), Bank of India and Bandhan Bank have hiked the marginal cost of funds based lending rates (MCLR) on loans. The MCLR,…
Nre Fd Interest Rates: Latest NRE FD interest rates: SBI Vs HDFC Bank Vs ICICI Bank Vs Yes Bank vs PNB
Non Resident India (NRIs) can build your foreign currency funds in India with Non Resident External (NRE) fixed deposits while earning tax-free interest at attractive…
SBI vs HDFC Bank vs PNB vs YES Bank: Which bank is offering highest interest on FDs after recent hike?
Several banks including SBI, HDFC Bank, PNB, and YES Bank have recently hiked the interest rates of their fixed deposits (FDs). The revised interest rates…