City Union Bank posts Q3 net of Rs 217 cr, income grows to Rs 1,429 cr Private sector City Union Bank has registered net profit at Rs 217.83 crore for the October-December 2022 quarter, the Tamil Nadu-based bank said on Saturday. Net profits for the quarter ending December 31, 2022 was at Rs 196.11 crore ...
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loan interest rate hike: Canara Bank, PNB hike loan interest rates: EMI’s on home loan, car loan set to rise again
loan interest rate hike: Canara Bank, PNB hike loan interest rates: EMI’s on home loan, car loan set to rise again [ad_1] Canara Bank and Punjab National bank have increased the Repo Linked Lending Rate (RLLR) .The new interest rates are effective from February 9, 2023, according to the respective bank websites. Canara Bank RLLRAccording to the Canara Bank website, ...
Read More »Federal Bank interest rates: Federal Bank revises savings account interest rates
Federal Bank interest rates: Federal Bank revises savings account interest rates [ad_1] Federal Bank has revised savings account interest rates with effect from February 9, 2023. This comes after the Reserve Bank of India (RBI) raised the repo rate by 25 basis points during its Monetary Policy Committee meeting. Federal Bank’s savings account interest rates are linked to the repo ...
Read More »4 new LIC schemes launched in 2022
4 new LIC schemes launched in 2022 [ad_1] 4 new LIC schemes launched in 2022 [ad_2]
Read More »Loan against PPF account: 7 things to know
Loan against PPF account: 7 things to know [ad_1] Loan against PPF account: 7 things to know [ad_2]
Read More »bank of baroda loan interest rates: Home, car loan EMIs: Bank of Baroda, Union Bank of India hike loan interest rates
bank of baroda loan interest rates: Home, car loan EMIs: Bank of Baroda, Union Bank of India hike loan interest rates [ad_1] Bank of Baroda and Union Bank of India have increased their marginal costs of funds-based lending rates (MCLR) on loans. Since the Reserve Bank of India (RBI) began increasing the repo rate in May 2022, banks have been ...
Read More »Kotak Mahindra Bank to acquire Sonata Finance for Rs 537 crore
Kotak Mahindra Bank to acquire Sonata Finance for Rs 537 crore Private sector lender Kotak Mahindra Bank on Friday said it will acquire 100 per cent equity shares of Sonata Finance Pvt Ltd, a non-banking financial company-microfinance institution (NBFC-MFI), from its existing shareholders for Rs 537 crore. The acquisition will be subject to regulatory approvals, ...
Read More »State Bank of India expects moderation in growth in global books
State Bank of India expects moderation in growth in global books After witnessing more than 20 per cent year-on-year (YoY) growth in its international loan books till December 2022, State Bank of India (SBI) expects it to moderate to 9-10 per cent. Its overseas books cover India-linked loans, local loans in foreign offices, and trade ...
Read More »RBI updates ‘Alert List’ of entities not authorised to deal in forex trade
RBI updates ‘Alert List’ of entities not authorised to deal in forex trade The Reserve Bank on Friday updated its ‘Alert List’ for the public on unauthorised forex trading platforms to include names of entities/platforms/ websites which appear to be promoting such entities. In September last year, the central bank came out with an ‘Alert ...
Read More »Bank credit grows at 16.3% in Jan 27 fortnight, shows RBI data
Bank credit grows at 16.3% in Jan 27 fortnight, shows RBI data Bank credit grew at 16.3 per cent year-on-year (YoY) in the fortnight ended January 27 to Rs 133.41 trillion, latest data by the Reserve Bank of India (RBI) showed, moderating marginally from the growth witnessed till last fortnight (16.5 per cent). In the ...
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