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PUNJAB NATIONAL BANK PPS
PNB, Ujjivan raise FCNR deposit ratesPunjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move ...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
Pakistan's poor population swells by 27 mn in six years, poverty surges 7%Pakistan's poverty rate has risen from 21.9% in 2018-19 to 28.9% in 2024-25, pushing around 27 million more people below the poverty line a...
RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD depositsBanks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...
Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...
CBI finds no evidence of corruption in case involving Nirav Modi; transferred to magistrateA special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...
Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
Gurnoor Brar: Gentle giant who took up cricket at 17 and got picked for India at 26Sukhbir Singh Brar, a Punjab Police ASI, supported his son Gurnoor's cricket dreams. Gurnoor, a tall pacer, has been selected for India's T...
Punjab government abolishes date-of-birth based tie-breaker in board examsThe Punjab government has abolished the date-of-birth-based tie-breaker system in board exams to ensure fair ranking for all high-scoring s...
Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of BarodaDespite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fix...
Indian bonds draw buyers on RBI measures, softer oilIndian government bonds saw renewed buying on Tuesday. Lower oil prices and Reserve Bank of India measures to attract dollar inflows improv...
SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
5,300 of 36,000 Indian SIMs used in Cambodia for Rs 100-crore cyber fraud in IndiaEnforcement Directorate uncovered a massive cyber fraud network. Thousands of Indian SIM cards were activated fraudulently. These SIMs were...
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
AAP in Punjab orders private schools to refund fees increased beyond 5%, says Arvind KejriwalPunjab has enacted a new law to control private school fee increases. The government has capped annual fee hikes at five percent. Schools t...
RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
DRDO, IAF successfully test RudraM-II air-to-surface missile from Su-30MKI fighter; hits target with pin-point accuracyIndia's Defence Research and Development Organisation and the Indian Air Force have successfully conducted flight tests of the RudraM-II ai...