New Delhi: A major fire broke out in a building housing Punjab National Bank in New Delhi's Parliament Street on Wednesday. Although many people were trapped inside the building but fire officials managed to rescue all, and there were no casualties. Twenty-five fire tenders were rushed to the spot and fire was brought under within an hour. The six-storey building is in the heart of Delhi and in the vicinity...
05:31 PM, May 23, 2012
New Delhi: The Finance Ministry will be infusing Rs 18,000 crore in the current fiscal in 12 banks, including SBI, and will be seeking supplementary grants from Parliament in the Budget session. "There are 12 banks in which we will infuse money in 2011-12. The amount will be Rs 18,000 crore. This includes Rs 7,900 crore for State Bank of India (SBI)," sources said. Besides SBI, other lenders that would...04:58 AM, Feb 03, 2012
Mumbai: Bankers on Thursday explored various options including conversion of the Rs 18,000 crore loans to SLR as part of the debt restructuring of the ailing Air India carrier and may finalise the bailout package next week. "We are looking at various instruments like SLR, long-term bonds and non-convertible debentures among others as part of the debt recast plan of Air India," Oriental Bank of Commerce Executive Director SC Sinha...09:25 PM, Jan 19, 2012
SBI earlier reduced the benchmark PLR by 75 basis points to 12.25 per cent. ...07:52 PM, Feb 02, 2009
Cut in CRR and fall in inflation has renewed expectations of interest rate cut by banks. ...04:15 PM, Oct 16, 2008
London: Embattled Australian captain Ricky Ponting could bid adieu to international cricket after his team's World Cup campaign, a media report here has claimed. According to the Daily Mail, Ponting plans to retire from international cricket at the end of Australia's World Cup campaign and wants to end his career captaining an English county. Sportsmail has learnt that the Australia captain, aiming to lead his side to a fourth World...10:11 PM, Jan 05, 2008
Most private banks including ICICI and HDFC have already announced higher lending rates. PNB will hike PLR by 25-50 basis points. ...05:06 PM, Apr 04, 2007
The latest PLR hike would not have any implications on home loan interest rates as these are not linked to the benchmark PLR. ...03:14 PM, Dec 29, 2006
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