Pnb Rate Cut

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  Punjab National Bank To Cut Minimum Lending Rate From September

  The bank has reduced marginal cost of funds based lending rate (MCLR) by 20-25 basis points.

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  PNB, HDFC Bank Cut Interest Rate On Savings Account By 0.5%

  Besides, Punjab National Bank (PNB) has also reduced interest rates on fixed deposits of less than Rs 1 crore by 15-40 basis points on select maturities.

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  Punjab National Bank Cuts Lending Rates For Select Maturities

  "The bank has reduced marginal cost of funds based lending rate (MCLR) with effect from June 1, 2017," Punjab National Bank (PNB) said in a regulatory filing.

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  Notes Ban Impact: EMIs To Fall As SBI, Other Banks Cut Lending Rates

  SBI has reduced marginal cost of funds based lending rate (MCLR) by 0.9 per cent from 8.90 per cent to 8 per cent for one-year tenure, the bank said in a statement.

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  Punjab National Bank Cuts Deposit Rates

  PNB said in a statement that it has reduced interest rates in select maturities by 10-25 basis points on term deposits.

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  Punjab National Bank Cuts Lending Rate

  Banks have moved to marginal cost of funds-based lending rates as the new benchmark lending rate from June, replacing the base rate system for new borrowers.

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  Bank Of India, PNB, Two Others Revise Lending Rates

  Bank of India said it has fixed marginal cost of funds-based lending rate (MCLR) at 9-9.35 per cent with effect from October 7.

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  Punjab National Bank Cuts Fixed Deposit Rates

  Punjab National Bank (PNB) on Tuesday reduced fixed deposits rates by 0.25 per cent on select maturities.

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  Banks Revise Marginal Cost Of Funds-Based Rates For June

  Several lenders, including State Bank of India, Punjab National Bank, ICICI Bank and Canara Bank, on Wednesday revised their marginal cost of funds-based lending rates (MCLR) for June by up to 0.15 per cent for a one-year tenor.

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  Banks Cut Interest Rates; Loans to Turn Cheaper

  However, the reduction in lending rates of the banks is so far less than RBI's 0.5 per cent cut, with state-run SBI and Punjab National Bank (PNB) leading the charts with cuts of 0.4 per cent each in its base rate.

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  PNB, Bank of Baroda, Oriental Bank of Commerce Cut Base Rate by Up to 0.40%

  State-run lenders Punjab National Bank, Bank of Baroda and Oriental Bank of Commerce have trimmed their base or minimum lending rates by up to 0.40 per cent in response to RBI's policy rate cut.

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  Fitch Downgrades PNB; Affirms Ratings of 9 Other Banks

  Besides, the agency has cut its India real GDP growth forecasts to 7.8 per cent for FY16 from 8 per cent, and to 8.1 per cent for FY17 from 8.3 per cent.

• PNB Cuts Fixed Deposit Rate on Select Maturities

  Punjab National Bank (PNB) on Wednesday reduced interest rates on fixed deposits of select maturities by up to 0.50 per cent.

• PNB Cuts Fixed Deposit Rate on Select Maturities

  Punjab National Bank on Tuesday reduced interest rate on fixed deposits by up to 0.25 per cent on select maturities.

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  Punjab National Bank Cuts Fixed Deposit Rate by 0.25% on Select Maturities

  The reduction will be effective from June 8, PNB said in a statement.