PNB News
The bank's profit was primarily hampered by a sharp increase in tax expenses, which more than doubled in absolute terms from Rs 2,017 crore to Rs 5,083 crore. The bank's underlying operational strength during the quarter was overshadowed by this spike in tax outflow.
The bank said that the KYC update is applicable only for those customers whose accounts have become due for KYC updation as of 30 June 2025.
PNB waiver of penal charges for non-maintenance of Minimum Average Balance in savings account is effective from July 1, 2025.
RBI Repo Rate Cut: In addition to the repo rate cut, the RBI also reduced the Cash Reserve Ratio (CRR) by 100 basis points, from 4 per cent to 3 per cent.
One State, One RRB: Here Is The List Of 26 Regional Rural Banks To Be Merged Into Single Entity From May 1.
Several top banks have announced changes in their savings rate, FD interest among other revisions post the RBI Monetary Policy in April 2025.
Check list of banks offering lucrative interest on Fixed Deposit schemes that is valid upto 31 March 2025.
Check out new Punjab National Bank EBLR and MCLR rates effective from March 1, 2025
Take a peek into home loan interest rates offered by various public and private sector banks.
Different banks offer different FD interest rates and people can maximize returns by comparing interest rates offered by various banks before making an investment. Here's the interest rate offered on FDs by top Indian banks.
Check list of 6 banks that have revised their fixed deposit rates in January 2025 ahead of the RBI Monetary Policy.
Chick list of top Indian banks that launched new FD schemes this years, and banks offering enhanced FD products.
Owners of PNB accounts might be confused as to why the bank deducted the money without their knowledge. There is a solution if you have encountered a similar problem.
Check out the current lending rates for loans offered by different public and private sector banks in India.
All banks keep revising their Fixed deposit rates from time to time so that the investor's money can grow. Fixed deposits of banks in India, usually have 7 days as minimum tenure while the maximum tenures is 10 years.
PNB is changing the requirement for maintaining an average balance from a quarterly to a monthly basis.
PNB customers can update their KYC details online without having to visit a branch.
The PNB MCLR rates, effective from 1st August 2024, have been hiked by 5 basis points.
The Gross Non-Performing Assets (NPAs) declined to 4.98 per cent of gross advances by June 2024 from 7.73 per cent in the same quarter a year ago.
The new credit feature on UPI allows customers to make purchases without seeing immediate fund outgo from their accounts.
Loading...