Indian Banking & Finance News
On Thursday, Punjab National Bank said that it has raised Rs1,500 crore by the issuance of Basel III compliant bonds. The funds generated will be used for the expansion of the business. In a regulatory filing, PNB said “Our Bank has issued and allotted Rs1,500 crore Tier – II Basel III compliant capital bonds at … Read more PNB Raised Rs. 1500 crore bonds
For the relief of the crisis-hit Punjab & Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India has now increased withdrawal limit from Rs 1,000 to Rs 10,000. “Other terms and conditions of the said Directive shall remain unchanged. With the above relaxation, more than 60% of the depositors of the Bank will be … Read more RBI increased the Withdrawal Limit for the PMC Customers
Allahabad Bank and Punjab National Bank took a major step which would be a relieve for the customers. The banks have announced that they would link their loan products with the repo rate of the Reserve bank of India. On tuesday, Punjab National Bank launched PNB advantage which is a lending scheme of the bank … Read more Allahabad Bank and PNB linked their loan products with Repo rate
PNB Net Banking offers its users with amazing services and features. You can access online bank anytime, anywhere, whenever you want it. It is a quick, simple and convenient way of Banking. Not only can you manage your banking services such as making transaction and online funds transfers, but you also get various other features … Read more PNB Net Banking