PMC Bank approached the Finance Ministry to raise fund BANK NEWS

Lucknow: On the occasion of Vishwakarma Diwas, Hon'ble CM of Uttar Pradesh inaugurated the activity of disbursement of loans to artisans while our Lucknow Circle donated 5 ambulances to various hospitals for fighting Corona. Honourable CM, thanked SBI for this extraordinary gesture.
Posted Date :  18-09-20

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New Delhi: India’s largest private lender HDFC Bank holds its top position among the country’s 75 most valuable brands, with the brand value at $20.2 billion, according to a report by WPP Plc and Kantar.   The HDFC Bank is holding its position from continuous seven years followed by
Posted Date :  18-09-20

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New Delhi: The Managing Director and Chief Executive Officer of Karur Vysya Bank Ramesh Babu Boddu said that the bank will more focus on the MSME sector and it is very beneficial and the strongest segment for the bank.    He said it is a very harsh time of the pandemic and the whole ban
Posted Date :  18-09-20

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New Delhi: DHFL may face a personal insolvency proceeding by the Union Bank of India after the government allowed in the personal insolvency proceeding against the promoters. DHFL owes the Rs 3,516 crores to Union Bank of India.  The Union Bank of India will perform the proceeding on behalf
Posted Date :  18-09-20

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New Delhi: HDFC Bank India’s largest private lender has launched a video KYC facility for its customers to be able to sit at their home or office. The bank is making it more secure and quick which will be paperless, contactless just a recorded interaction between a bank official and the custome
Posted Date :  17-09-20

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New Delhi: The Punjab and Maharashtra Cooperative Bank has recently approached the Finance Ministry for the help of raising funds, as the bank is facing issues from last year and they mention that the depositor’s money is stuck and the bank does not have adequate fund. So, the bank wants help from
Posted Date :  17-09-20

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New Delhi: The country’s largest lender State Bank of India and Titan partners to launch for the first-time contactless payment watch. The stylish watches will be powered by the YONO SBI known as Titan Pay.  Again, the Titan is giving its best functionalities in these watches with a secur
Posted Date :  17-09-20

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New Delhi: DBS Bank India unveiled its online credit solutions platform with a credit worth of Rs. 20 crores on Wednesday (September 16, 2020) it will be available for the small and mid-businesses to avail the loan facility easily said in a release. The bank’s customers can avail the loan w
Posted Date :  17-09-20

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Guwahati: The Punjab National bank takes the initiative to wake up the nation by organizing the "Swachhata Pakhwada" to promote the "Swachh Bharat Mission".  The government of India first initiate and awake the world with this mission, people get motivated and propelled by the Mission. 
Posted Date :  16-09-20

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Chennai: The Indian Bank inaugurated the three amalgamated banks at Chennai, the executive director of the bank Shri M K Bhattacharya, said that “Indian Bank amalgamated 6 branches so far and the way forward will be amalgamating more than 300 branches which not only will help reduce costs but a
Posted Date :  16-09-20

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New Delhi: India’s largest public lender State Bank of India has extended its new OTP Based (One Time Passcode) the facility of withdrawing cash now 24/7. The bank will effect the facility from September 18, 2020, and customers can withdraw the amount above 10,000.  Earlier in January, the
Posted Date :  16-09-20

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New Delhi: The Governor of the Reserve Bank of India on Wednesday address a meeting of FICCI’s National Executive Committee, where he mentions that the economy has not reached full speed, it will move forward gradually. The availability of large amounts of cash from RBI has ensured large scale
Posted Date :  16-09-20

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New Delhi: The COVID-19 outbreak hit every single business and sector into the stress which is making it worst. The recent report by the Reserve Bank of India, the expert headed by Shri K V Kamath, states that this pandemic has affected eh maximum best companies and business, and currently bankin
Posted Date :  16-09-20

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New Delhi: The Central Bank of India is now offering home loans on the lower interest rate of 6.85 percent as per the branch manager of the bank L Chetan Kumar.   The central bank arranged a meeting on Tuesday where he explained the customers about loan products. The staff of the bank re
Posted Date :  16-09-20

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Chennai: The Indian Bank inaugurated the three amalgamated banks at Chennai, the executive director of the bank Shri that “Indian Bank amalgamated 6 branches so far and way forward will be amalgamating more than 300 branches which not only will help reduce costs but also provide services to the c
Posted Date :  16-09-20

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New Delhi: India’s largest public lender State Bank of India has extended its new OTP Based (One Time Passcode) facility of withdrawing cash now 24/7. The bank will effect the facility from September 18, 2020, and customers can withdraw the amount above 10,000.    Earlier in January,
Posted Date :  16-09-20

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New Delhi: Yes, Bank has recently joined the initiative launch by the Small Industries Development Bank of India (SIDBI) to give quick facility and hassle-free credit access to the MSMEs. This initiative of PSB loans in 59 minutes is to boost the business opportunities in the sector of Micro, Sma
Posted Date :  15-09-20

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New Delhi: The government of India introduced the Banking Regulation Act in the Lok Sabha to bring cooperative banks under the supervision of Reserve Bank of India.    The Union Finance minister of India Nirmala Sitharaman introduced the bill in the Lok Sabha to replace the ordinance which was p
Posted Date :  15-09-20

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New Delhi: In the past few years, the government has infused around 3.5 trillion in the PSBs. On Monday the government of India goes for the parliament nod for “meeting additional expenditure of Rs 20,000 crore” through the recapitalization of bonds into state-owned banks in the fourth quarte
Posted Date :  15-09-20

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New Delhi:  The Reserve Bank of India earlier announced its monetary policy in February, now it is expected to be released its forecast of the newly reviewed projection on October 1, 2020. The RBI has to make its projection in every six months.  The meet of the six members of the monetary p
Posted Date :  14-09-20

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