RBI slashes CRR by 50 basis points to boost liquidity and credit growth
The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) by 50 basis ...
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Tag: Public Sector Banks
Indian Bank recommends Binod Kumar as the new MD and CEO
The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, the Executive Director (ED) of Punjab National Bank, for the ...
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SBI hikes MCLR by 10 basis points across all tenors
The State Bank of India (SBI), has announced an increase in its Marginal Cost of Funds-Based Lending Rate (MCLR) by ...
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Bank of Baroda, UCO Bank and other public sector banks raise lending rates amid rising costs
In response to the rising cost of funds, three major public sector banks- Bank of Baroda (BOB), Canara Bank and ...
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Punjab & Sind Bank to take call on Rs 300 crore QIP in fourth quarter: MD Saha
State-owned Punjab & Sind Bank would take a call on raising equity capital through qualified institutional placement (QIP) after taking into account third quarter ...
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