SBI, PNB increase FD interest rates; Check how much return you will get
June 14, 2022 15:40 ISTSBI and PNB announced to hike FD interest rate days after the RBI ramped up efforts to control excess liquidity from the banking system.
SBI and PNB announced to hike FD interest rate days after the RBI ramped up efforts to control excess liquidity from the banking system.
ED had filed a fresh chargesheet against Mehul Choksi, his wife Priti and others under the anti-money laundering law in connection with the over Rs 13,000-crore loan fraud case on Monday.
Subhash Shankar Parab, an aide of fugitive diamantaire Nirav Modi, was a deputy general manager (finance) at Firestar Diamond, a firm owned by Nirav Modi. After his arrival in India in the morning, Parab was produced before special CBI judge V C Barde. Special prosecutor A Limousin, representing the central probe agency, sought his custody for 14 days.
This is the third such order in a span of about two weeks, with the total value of properties owned by Nirav Modi's companies being restored in this manner now standing at approximately Rs 1,000 crore.
According to the agency, the latest sale proceeds take the total value of recovery to Rs 9,041.5 crore, or 40 per cent of the over Rs 22,000 crore allegedly defrauded by the trio.
The company received a letter from the capital market regulator on June 18 calling it to comply with the legal provisions in the matter.
PNB has extend the validity of old cheque of account holders in Oriental Bank of Commerce and United Bank of India by three months.
State Bank of India, ICICI, HDFC, Axis Bank and Punjab National Bank (PNB) customers have been warned about a serious security flaw.
PNB Housing and Yes Bank will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers, PNB Housing Finance said in a regulatory filing.
The Punjab National Bank (PNB) is going to introduce the OTP-based cash withdrawal system. The bank will launch OTP Based ATM Withdrawal for transactions system from December 1, 2020.
The Economic Offences Wing of the Delhi Police has arrested a man who duped the Punjab National Bank (PNB) of Rs 24.13 crores. The accused hypothecated stock with the bank and sold the same without informing the bank.
A London court on Monday rejected the bail application filed by fugitive diamantaire Nirav Modi, the seventh such rejection by courts of the United Kingdom, officials said.
PNB SO Recruitment: A notification for the recruitment at Punjab National Bank (PNB) has been released on the official website of the bank. Aspirants who wish to apply for bank jobs should note that the PNB SO Vacancy has been notified for the post of Specialist Officer (Manager & Senior Manager).
PNB SO Recruitment 2020: The Punjab National Bank (PNB) has invited applications for the post of Specialist Officer (Manager & Senior Manager). Interested candidates should read on to know about the last date to apply, eligibility criteria, selection criteria and the salary offered.
Qualified Institutional Placement (QIP) would be the most preferred way and public sector banks are likely to take a call on taking this route after finalisation of their second quarter results, merchant banking sources said.
Punjab National Bank International Limited (PNBIL) has logged a big win in a UK High Court in its pursuit of around USD 22 million in unpaid loans, setting a precedent for other enforcement cases brought by Indian banks against promoters or guarantors in English courts.
PNB Housing Finance hopes to disburse around Rs 13,000 crore loan in current fiscal, and expects demand to pick up around October-November with the onset of festive season.
Banking Services Rules Changes: In order to give people some relief due to COVID-19 pandemic, the government had relaxed some rules of financial services like transaction charges after exhausting free cash withdrawal limit on ATM, minimum account balance. The new banking services rules have set in from today.
Punjab National Bank has sanctioned loans close to 3 lakh accounts under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for MSME sector, impacted badly due to economic slowdown triggered by COVID-19 outbreak.
The country’s second largest lender Punjab National Bank is planning to hit capital markets in the fourth quarter this fiscal to raise funds to help meet growth needs and regulatory requirements.
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