Balance is the average balance that individuals are required to maintain in their savings or current account in a calendar ...

PNB led the contributions with a cheque worth Rs 2,335 crore, handed over by its MD and CEO Ashok Chandra. Bank of India (BOI) followed with Rs 1,353 crore, presented by its MD & CEO ...

Private banks are yet to pass on the full benefit of RBI’s 100-bps repo rate cut to their home loan customers.

People planning to get a home loan or refinance one will find lucrative terms in July. Home loan rates are competitive, ...

Several major public sector banks have removed the requirement of maintaining a minimum balance in savings accounts, waiving ...

Mid-sized and small finance banks, especially those with higher exposure to unsecured lending, are expected to report ...

To retain existing depositors and attract new ones amid competition for deposits, state-owned banks are waiving penalties for ...

The ripple effect of the Reserve Bank of Indias recent 100 basis point repo rate cut is now being strongly felt across the ...

Several leading Indian banks have recently eliminated the requirement of maintaining a Minimum Average Monthly Balance (AMB) in savings accounts.

The Nifty Bank index closed with a 0.15% drop, despite gains from Punjab National Bank, Kotak Mahindra Bank Ltd., and Bank of Baroda.

NEW DELHI- Nehal Deepak Modi, brother of fugitive diamond merchant Nirav Modi, was arrested by U.S. authorities on July 4 in ...

Several major Indian banks, including PNB, Bank of Baroda, Indian Bank, and Canara Bank, have eliminated the requirement to maintain an Average Monthly Balance (AMB) in many or all savings accounts.