Banks regularly introduce special fixed deposit (FD) schemes to attract customers seeking higher returns than those offered by traditional FDs. These schemes...
Weeks after the Reserve Bank advising banks to take required measures immediately to lower the number of inoperative accounts, Punjab National Bank (PNB) has...
In December 2024, many banks increased their marginal cost of lending rates (MCLRs) and some banks kept the rates unchanged. Every time...
In FY 2019, banks recorded the highest loan write-offs of Rs 2.4 lakh crore. This followed the Asset Quality Review initiated in...
Punjab National Bank (PNB), India’s second-largest public sector bank with a 130-year legacy, has announced a hike in interest rates on bulk...
Positive Pay System: RBI introduced the facility in 2021 to combat the rising cases of cheque fraud. Positive Pay System: Worried about cheque...
Fixed Deposits (FDs) remain a cornerstone of safe investment strategies in India, offering guaranteed returns with minimal risk. Known for their fixed...
To guarantee prompt payment of principal and interest, Punjab National Bank (PNB) asks all investors in Sovereign Gold Bonds (SGB) and RBI...
The Reserve Bank of India (RBI) recently conducted a review, which found that the number of inoperative accounts/unclaimed deposits in numerous banks...
As the equities markets have now come under stress for the past few weeks, investors are again looking for fixed-income instruments like...