Hong Kong regulator up-scales supervision of PNB’s HK branch
State-owned Punjab National Bank (PNB) today said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it...
Category : Business & Finance
Atal Pension Yojana to be raised upto to Rs 10,000 per month
by News Desk
The government is considering a proposal to raise the pension limit under Atal Pension Yojana (APY) to up to Rs 10,000 every month from the existing slab of...
SBI and 14 others get Moody’s counterparty risk ratings
by News Desk
Global rating agency Moody’s Investors Service today gave counterparty risk ratings (CRR) to 15 lenders in the country, including fraud-hit Punjab National Bank and country’s...
Study: Healthcare bills drive 55 million Indians to poverty each year
by News Desk
A recent study by the Public Health Foundation of India has shown that paying for their own healthcare has driven about 55 million Indians to poverty...
Rana Kapoor reappointed as Managing Director, CEO of Yes Bank
by News Desk
Private sector bank, YES Bank has said that its shareholders have approved the re-appointment of Rana Kapoor as the bank’s MD and CEO for a period of three...
RBI Governor seeks more powers to effectively regulate Public Sector Banks
by News Desk
RBI Governor Urjit Patel today made a strong case for more powers to effectively regulate public sector banks (PSBs) as lawmakers asked him tough questions...
April Index of Industrial Production: 4.9 per cent on manufacturing
by News Desk
Industrial production expanded by 4.9 per cent in April on improved performance by manufacturing and mining sectors as also a robust offtake of capital goods....
PNB failed to check Nirav Modi-Mehul Choksi fraud, says RBI
by News Desk
The Reserve Bank of India (RBI) on Tuesday blamed Punjab National Bank (PNB) of the $2-billion Nirav Modi-Mehul Choksi fraud, and accused the state-run lender of furnishing...
Rupee slips 13 paise on dollar demand
by News Desk
Mumbai | The rupee fell 13 paise to 67.62 against the US dollar in early trade today due to increased demand for the American currency from...
Sensex rises 84 points, Nifty above 10,800
by News Desk
Mumbai | The benchmark Sensex rose over 84 points while the Nifty reclaimed the 10,800-mark as investors looked forward to release of key macroeconomic data due...