No cut in lending rates, say bankersWhen asked about the impact of these twin measures, bankers said there could be a marginal spike in cost of funds.
Rohan Murty to join Infosys as Narayana Murthy's executive assistantRohan Murty is a Junior Fellow in the Society of Fellows at Harvard University. He has a Ph.D. in Computer Science from Harvard University.
Kingfisher Airlines' lenders to meet soon to decide future courseKingfisher's bankers, which have over Rs 7,500 cr locked in the ailing airline, will soon meet to chart out the future course of action, sa...
- PNB to undertake Rs 2360 crore capital infusion
PNB plans to undertake capital infusion to the tune of Rs 2360 crore to maintain the financial strength of the bank.
- Punjab National Bank waiting for IRDA nod on Metlife deal
If the proposed deal goes through, Punjab National Bank would become the largest shareholder in the insurance company.
- Punjab National Bank opens 'Gen Next' branch to attract youth
The country's second largest public-sector lender Punjab National Bank (PNB) opened its 'Gen Next' branch here, aimed at providing hi-tech ...
- PNB to recruit 9,000 employees this fiscal
Punjab National Bank, which is looking at strong growth in deposits as well as credit, will recruit 9,000 employees this fiscal.
- PNB may raise Rs 2,000 crore from bonds by end of FY'12
PNB said it may raise Rs 2,000 crore from bonds by the end of the current fiscal. The funds raised would take care of the bank's business g...
- PNB may hike interest rates; to hire 12,000 people: Kamath
He added that the hike would depend on liquidity and overall market situation. Kamath said, the bank plans to recruit 12K people this year.
KV Kamath's appointment will benefit Infosys: Chanda KochharShe counted an inclination to empower young leaders, and deep understanding of technology as other qualities of Kamath which would benefit ...
- PNB Q3 net profit up 7.8 pc at Rs 1,090 cr
PNB's net profit grew by 16.7 per cent in the first nine months of the current fiscal to Rs 3,233 crore from Rs 2,770 crore in the same per...
- Depositors can expect better returns on fixed deposits: PNB
Depositors can expect better returns on their savings as banks may increase fixed deposit rates to mobilise more funds to meet credit growt...
- PNB rules out interest rate hike in near term
State-run lender Punjab National Bank on Tuesday ruled out any increase in interest rates in the near future saying there is enough liquidi...
- PNB plans to acquire majority stake in Kazakhstan-based bank
Punjab National Bank plans to acquire a majority stake in a Kazakhstan-based bank to expand its presence in Central Asia, its Chairman and ...
- Syndicate, Allbank unlikely to get new chiefs soon
The trigger happens to be a recent finance ministry stricture that says 'no one would be selected for the top slot if the executive in ques...
- Bank of India to open 120 new branches
Bank of India has plans to open 120 new service outlets within the country and abroad during the current year.
- Bank of India ties up with Franklin Templeton
Bank of India enters into an alliance with Franklin Templeton to distribute its mutual fund products across India.