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Last Updated:November 18, 2024, 4:15 PM IST Here’s a comparison of the FD interest rates among four lenders: State Bank of India (SBI), HDFC Bank Bank, Punjab National Bank (PNB), and ICICI Bank. Bank FD Rates Comparison. Even as the stock market is facing a bearish phase currently, investors are now exploring avenues that can…
Stocks To Watch On September 30: The markets traded flat on Friday, showing little movement despite favorable global cues. In today’s trade, shares of BEL, L&T, PNB, Nuvama Wealth, IDFC, IndusInd Bank among others will be in focus due to various news developments Tata Motors: Tata Motors held a groundbreaking ceremony of its new production…
Stocks To Watch On September 9: Equity markets concluded a three-week winning streak with a loss of over 1.5%, largely impacted by weak global cues. In today’s trade, shares of SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy among others will be in focus due to various news developments. Shriram Finance: Shriram Finance is…
New Delhi: All banks keep revising their Fixed deposit rates from time to time so that the investor’s money can grow. Fixed deposits of banks in India, usually have 7 days as minimum tenure while the maximum tenures is 10 years. List Of Major Private And Public Sector Banks Offering High Interest Rates On 1…
New Delhi: Karnataka government on Friday put on hold a circular directing all government departments to stop transactions with the State Bank of India (SBI) and restrict deposits with the Punjab National Bank (PNB) in the state. “Based on the observations made by the Public Accounts Committee on July 2, 2024, and August 6, 2024,…
New Delhi: Punjab National Bank, a leading public sector lender in India has urged its customers to update their KYC (Know Your Customer) details by August 12 to avoid their accounts from getting suspended. This directive, which affects accounts that were due for KYC updates as of March 31, aligns with the guidelines set by…
New Delhi: Public sector lender Punjab National Bank (PNB) has announced its latest marginal cost of funds-based lending rate (MCLR), whereby the bank has raised it by 5 basis points or 0.05 percent. The PNB MCLR rates are effective from August 1, 2024, according to the bank’s website. The MCLR is the lowest interest rate…
Hindi News Business Punjab National Bank Q1 Results: PNB Net Profit Up 159% To Rs 3,252 Crore Mumbai38 minutes ago copy link Punjab National Bank’s standalone net profit in the April-June quarter rose 159% year-on-year to ₹3,252 crores from ₹1,255 crores in the same quarter last year. At the same time, the net profit of…
New Delhi: Punjab National Bank (PNB) on Saturday reported its highest-ever quarterly standalone profit at Rs 3,252 crore in April-June FY25 helped by a decline in bad loans and an improvement in interest income. The state-owned bank posted a net profit of Rs 1,255 crore in the June quarter of FY24. This is the highest…
New Delhi: The National Payments Corporation of India (NPCI) is set to introduce a new product on UPI that works like a credit card. The RBI has allowed banks to offer credit lines to customers through UPI. Several banks, including Axis, HDFC, ICICI, Indian Bank, and PNB, are already using this product. Customers get a…