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Non-maintenance of minimum balance in accounts helps bank collect Rs.5,000 crore...

Non-maintenance of the minimum balance in bank accounts has helped banks collect Rs.5,000 crore in the form of penalties, as per a report by...

Banking stocks went down before the release of RBI’s monetary policy...

Stocks of most of the public sector as well as private sector banks were reportedly trading low in the first half of Wednesday, before...

ICICI Lombard’s IPO oversubscribed by 2.97 times

The initial public offering (IPO) of ICICI Lombard General Insurance Company was Rs.5700 crore. It was oversubscribed by 2.97 times on the last day,...

Andhra Bank lowers interest rate to 3.5% for savings account with...

Andhra Bank announced that it is slashing the interest rate on its saving accounts to 3.5% from 4% with effect from September 15, 2017....

Punjab National Bank to Charge Customers After 5 Free ATM Transactions

India’s second largest public sector bank Punjab National Bank (PNB) has now limited the number of free monthly ATM transactions to five. Starting from...

After SBI, ICICI and HDFC Bank reduce interest rates on home...

ICICI Bank and HDFC on Monday cut interest rates on their home loans by 0.30 per cent, following in the footsteps of State Bank...

Affordable home loans from SBI get cheaper as bank cuts interest...

Affordable Home Loans from State Bank of India (SBI) are all set to become more ‘affordable’, with the largest lender in the country reducing...