PUNJAB STATE COOPERATIVE BANK

Stock market update: Nifty Bank index falls over 2%; Bank of Baroda dips over 5%

The index was trading 2.53 per cent down at 35660.9.

Stock market update: Bank stocks fall; HDFC Bank sheds nearly 2%

The Nifty Bank index was trading 0.25 per cent down at 37007.1.

Govt to bring amendments to two Acts to enable privatisation of PSU banks

Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.

RBI sets up panel to suggest steps for strengthening, consolidating urban co-operative banks

The panel will "draw up a vision document for a vibrant and resilient urban co-operative banking sector having regards to the Principles of Cooperation as well as depositors' interest and systemic issues," said the terms of reference of the committee which will be required to submit its report to the RBI in three months.

Over Rs 1,000 crore raised since last month for Ram temple: Trust member

The accounts of the trust in three nationalised banks show an amount of over Rs 1,000 crore, Shri Ram Janmabhoomi Teerth Kshetra secretary Champat Rai said.

HDFC Bank beats SBI in Covid-19 scheme loans

Of the total loans of Rs 1.4 lakh crore extended by banks up to January 25, 2021, HDFC Bank has disbursed Rs 23,504. This is nearly 17% of the loans sanctioned. SBI, with disbursals of Rs 18,700, has a market share of 13.3%. According to banking analysts, this demonstrates HDFC Bank’s capabilities in lending to small businesses.

Most of the revered Hindu sites in Pakistan in state of decay: Report

The report also highlights that the Evacuee Trust Property Board (ETPB), responsible for their upkeep, has failed to maintain most of the ancient and holy sites of the minority community.

Farmers block key highways in Punjab, Haryana, Raj during 'chakka jam'; Scattered demonstrations in other states

Samyukta Kisan Morcha, which is spearheading the agitation, claimed the 'chakka jam' (road blockade) protest got huge nationwide support which once again "proved" that farmers across the country are united against the farm laws and demanded that the government come up with a fresh proposal for talks.

PSU banks to raise Rs 10,000 crore in two months: DFS Secretary

In the last few months, lenders including State Bank of India, Canara Bank and Punjab National Bank (PNB) have raised about Rs 50,000 crore from the market.

IL&FS addresses aggregate debt of Rs 32,000 crore

The total debt of Rs 32,000 addressed comprises of Rs 21,600 crore of debt addressed basis cash balances and nearly Rs 10,300 crore of additional net recovery expected from resolution and restructuring applications filed with the National Company Law Tribunal at Mumbai and NCLAT, the approvals for which are awaited.

BharatPe puts in joint bid to acquire PMC Bank

PMC Bank has been embroiled in scams over alleged irregularities in certain loan accounts.

PSU banks to raise Rs 25,000 crore in next 3 months: DFS Secy

In the last few months,lenders including State Bank of India, Canara Bank and Punjab National Bank (PNB) have raised about Rs 40,000 crore from the market