Bank of Maharashtra Jumps as Q3 Deposits Grow 12% YoY
At the end of December last year, the bank has total deposits stood at Rs 2,08,436 crore. Bank of Maharashtra rallied 3.6% to Rs 31.65,...
Tag : public sector banks
Bank of Maharashtra Jumps on Higher MCLR Rate by 20-30 bps
After the bank announced the higher marginal cost of fund-based lending rates (MCLR) by 20-30 basis points, the Bank of Maharashtra soared at 8.12% to...
PSU Bank to Open Around 300 Branches in Unbanked Areas by December 2022
As part of the financial inclusion campaign, by December 2022, the public sector bank will open about 300 brick-and-mortar branches in unbanked areas of the...
FM Sitharaman to Meet PSB Chiefs Today
Finance Minister Nirmala Sitharaman will meet the heads of public sector banks later on Monday. This is done to review the performance of lenders and...
PSU Banks Shares All on Asset Quality Concerns
The shares of the state-owned bank were trading in Reserve bank of India (RBI) has cautioned that assets quality of scheduled commercial banks may worsen...
New Bank Timings in Maharashtra from Today
The timings of all public sector banks have been changed in Mumbai and the rest of Maharashtra from today, to improve convenience and ease of...
SBI Cuts Fixed Deposit Rates Twice in 15 Days
The State Bank of India (SBI), India’s biggest bank has cut interest rates on fixed deposits (FDs). This time it is the second revision in...
Cabinet Approves Rs 9000 Crore Infusion in IDBI Bank
On Tuesday, the Cabinet has approved a capital infusion plan of Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan...
GDP Growth Falls to 5%: Mega-Merger of Public Sector Banks
Finance Minister Nirmala Sitharaman has announced a mega-merger of public sector banks. The announcement was made in a conference by her on Friday. Last week also she announced measures to...
Government To Pump Rs. 5,000 Cr. Pending Infusion In Bank Of Baroda
According to a senior official, the remaining capital infusion of Rs. 5,000 crores will be pumped by the government for the current fiscal year in...