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Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed depositsSenior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana ...- HDFC Bank vs SBI: Which stock should you buy now?Following a March selloff, banking stocks like SBI and HDFC Bank have seen sharp April recoveries, prompting analysts to evaluate their val...
- Motilal Oswal picks 3 PSU bank stocks as valuations remain inexpensivePublic Sector Banks (PSBs) have come a long way over the past five years with profitability of top 7 PSBs under our coverage improving to a...
- SIDBI joins hands with Meghalaya govt to develop MSME ecosystemUnder the MoU, SIDBI and the state government will work closely to facilitate the development of the MSME ecosystem in Meghalaya.
- Punjab & Sind Bank declares IL&FS Tamil Nadu Power as fraud account; outstanding dues at Rs 148 croreAs per the bank's policy on determination and disclosures on material events, PSB said it has declared this non-performing account (NPA) as...
- What percentage of deposits with SBI are fully insured under DICGC?As per the current laws, bank deposits are covered up to Rs 5 lakh per depositor per bank under the DICGC Act, 1961. The limit was raised f...
- Banks Board Bureau to hold a meeting on Friday to discuss appointment of SBI ChairmanThere are four candidates in consideration for the top job, including current chairman, Rajnish Kumar, whose term expires in October, accor...
- Economic Survey: Disbursed Rs 37,106 cr under PSB Loans in 59 MinutesThe Survey gave a detailed analysis of all the measures undertaken to support the MSME sector in India to ensure better credit flow, techno...
- ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking officialIn a panel discussion under ETRise Dialogue, a top official of the Union Bank of India said that MSMEs were getting loans sanctioned by ban...
- Bank of India eyes Rs 10,000 cr loan sales in special drive"Our focus through this initiative is the MSME sector as demand from the corporate sector is not high," state-run Bank of India executive d...
- Banks start in-principle approval of retail loans in 59 minsThe applicants will get an in-principle approval for loans within 59 minutes through 19 public sector banks including names like SBI, Punja...
- These 19 PSU banks will now give in-principle approval of loans in 59 minsThe customer gets multiple options to choose a bank with a suitable offering at the completion of the digital journey.
- PSU banks to introduce home, auto loans on 'PSB Loans in 59 Minutes' portalUnder the proposed new regime, PSBs could soon approve home, car and personal loans in 59 minutes.
- Bank of India to raise Rs 1500 to Rs 2000 crore via QIP by the year endCredit disbursals by NBFCs dropped 31% to Rs 1.96 lakh crore at the end of March from Rs 2.83 lakh crore in the year earlier.
- New credit scheme for small, medium enterprises to encourage job creation: GadkariCredit limits of World Bank and Asian Development Bank will be used to provide loans to small and medium enterprises that will help provide...
- Kotak Mahindra Bank joins ‘PSB Loans in 59 Minutes’Kotak will offer loans up to Rs 1 cr to micro, small & medium enterprises in India through this platform.
- PNB sanctions loans worth Rs 689 cr to 1,600 MSMEs via psbloansin59minutes.comUnder the Mudra Yojana, PNB has offered loan to over 2.69 lakh small entrepreneurs this fiscal (till February 14, 2019).
- PSBloansin59minutes.com becomes largest fintech lending platform: ReportThe portal was launched in November to provide credit of up to Rs 1 crore to micro, small and medium enterprises (MSMEs) in just 59 minutes.
- Why Indian Bank may remain one of the favoured PSB stocksThe bad assets proportion of Indian Bank remains one of the lowest amongst PSBs and comparable to that of SBI.
- Punjab & Sind Bank raises Rs 300 cr from bondsState-owned Punjab & Sind Bank (PSB) today raised Rs 300 crore from bonds to fund business growth.
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