HDFC Bank, the largest private lender of the country, revised interest rates on fixed deposit (FD) accounts of various tenures with effect from July 6, 2018.
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Allahabad Bank said the number of "wilful defaulters" declared by the bank stood at 257, a two-and half-fold jump from March 2017 figure of 101.
Syndicate Bank has raised the MCLR on one year loan to 8.55% from the earlier 8.50%
PNB Fraud: The CBI chargesheet detailed the alleged role of PNB's former chief Usha Ananthasubramanian in the scam. Ananthasubramanian was the MD and CEO of PNB from 2015 to 2017 and was questioned recently by the CBI in connection with the case
Allahabad Bank reported a net loss of Rs 3,510 crore and UCO Bank a Rs 2,134 crore loss.
Allahabad Bank has decided to reduce the base rate and BPLR of the bank by 45 basis points
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