MONEY & BANKING
INFORMATION TECHNOLOGY
Punjab National Bank expects online RTGS facility to boost turnover
Punjab National Bank (PNB) expects its latest move to offer real-time gross settlement (RTGS) facility online to its customers to boost turnover. The additional turnover would help make up for the loss in "float" that is expected on account of ...
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DEBT MARKET
Bonds remain listless in thin trading
Insurer interventions lift volumes; credit demand high
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RBI & OTHER CENTRAL BANKS
Achieving growth and stability
With central bank independence intact
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PUBLIC SECTOR BANKS
SBBJ set to cross biz target of Rs 50,000 cr
State Bank of Bikaner & Jaipur (SBBJ) hopes to touch a business volume target of Rs 50,000 crore before March. The bank has added nearly Rs 18,000-crore business (deposits and advances) in the past two years. Mr S.K. Bhattacharyya, Managing ...
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PNB customer meet
The Punjab National Bank held a customer meet here and customers from all sectors of society from Ernakulam city branches and places like Aluva, Tripunithura and Angamaly attended the meeting. Mr S.P. Singh, the bank's Kerala ...
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FINANCIAL INSTITUTIONS
AI team to finalise $6-b US Exim loan
Acquisition of Boeing aircraft
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$435-m World Bank loan for Nagarjuna Sagar Scheme
While the State Government is expected to chip in $40 million for the project, the beneficiaries will contribute $10 million.
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OUTLOOK
Panel may suggest lower foreign equity threshold for microfinance NBFCs
Rangarajan Panel may suggest lower foreign equity threshold for NBFCs
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