PNB hikes lending rates by up to 10 basis points

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New Delhi, Jun 30 () State-owned Punjab National Bank today raised the marginal cost of funds-based lending rate, the floor rate at which it lends to consumers, for select tenors by 0.05-0.10 per cent.

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Under CBI scanner, ex-Canara Bank MD quits RBI panel

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In a letter to the regulator, Raman said he had shown the highest standards of integrity in his professional career and the loans to the group were given after following established standards.

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Why small farmers are upset with India’s food safety regulator

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Farmers who wanted to export organic produce had to opt for third-party certification by one of 28 agencies recognised under the National Programme for Organic Production (NPOP) guidelines.

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Bank Board Bureau recommends name of bank bosses

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It is said to have interviewed about five dozen senior executives from different government-owned banks as it sought recommend more than a dozen candidates to run public sector banks, battling with huge pile of bad loans.

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Sriram takes charge as MD and CEO of IDBI Bank

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Sriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of the Reserve Bank of India (RBI).

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Subsidised LPG price hiked by Rs 2.71 per cylinder

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Oil firms revise LPG price on 1st of every month based on average benchmark rate and foreign exchange rate in the previous month.

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IGI, Mumbai airports fare poorly in flight punctuality globally: Study

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The ‘on-time performance’ for Delhi stood at 70.7 per cent in comparison to Nagoya Komaki Airport in Japan which topped the global ranking list with an OTP rate of 94.5 per cent.

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US-China trade war could flood India with steel

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Duties imposed by the U.S. would trigger “trade diversion” from other steel makers, who would then dump their products in India

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One of India’s longest-serving bosses is getting another extension. Here’s why

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ITC is trying to emerge as a modern diversified fast-moving consumer goods (FMCG) player while trying to shed its cigarette and tobacco legacy.

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Mumbai-bound Jet Airways flight suffers bird-hit

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The Rajkot-Mumbai flight suffered a bird hit during take-off around 7:15 am, Rajkot Airport Director B K Das said.

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