Punjab National Bank looks to tap market in Q3 of FY21

Likely to raise capital via bond, FPO, rights issue

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Bank of Maharashtra cuts lending rates by 75 bps

Bank of Maharashtra (BoM) has decided to pass on the full benefit of the RBI’s recent policy rate cut of 75 basis points (bps) to its borrowers, whose

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Value of HDFC's investment in RBL Bank erodes by 60% in one quarter

 The market value of Housing Development Finance Corporation (HDFC) Ltd’s investment in RBL Bank has eroded 60.52 per cent in just one quarter from Rs

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Yes Bank commits Rs 10 crore for COVID-19 relief works

Private sector lender Yes Bank on Saturday committed Rs 10 crore to support the fight against the COVID-19 pandemic.

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Bank of Maharashtra cuts repo linked lending rate by 75 bps

Many banks have reduced their repo linked lending rates following the Reserve Bank of India's (RBI) recent decision to cut repo rate by 75 basis points. BoM further said it will also reduce its marginal cost of funds based lending rates (MCLR) across all tenors up to 25 basis points from April 7.

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