PNB News Today

Indian equity markets likely to see another day of volatility

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Bank of England raises interest rate by 25 basis points.

• 24 March, 2023
• 9:01 AM
• less than a minute

SBI purchases Canara Bank’s share in a Russian Joint venture for Rs121 crore.

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In a regulatory filing, Canara Bank stated that it had received the whole payment, or Rs121.29 crore, for the sale of its stake on Thursday.

• 24 March, 2023
• 6:44 AM
• less than a minute

With unexpected inflation, the Bank of England raises interest rates by 25 basis points

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The BoE's nine rate-setters voted 7-2 to raise the Bank Rate by 25 basis points, to 4.25%, sounding more optimistic about the outlook for the modest rate of economic development in the nation.

• 24 March, 2023
• 6:38 AM
• less than a minute

Bandhan Bank stock price up by more than 3% today

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Bank receives binding bids for two of its bad loan portfolios.

• 22 March, 2023
• 2:25 AM
• less than a minute

Markets in Green

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Nifty Bank, Financial Services, Oil & Gas, and Media indices are each trading with about 1% gains.

• 21 March, 2023
• 2:01 PM
• less than a minute

IndiaFirst Life Insurance IPO gets SEBI approval

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IPO will include both issuance of new shares and offer-for-sale shares.

• 21 March, 2023
• 12:18 PM
• less than a minute

Gross NPA ratio of public sector banks stood at 5.53% in December 2022

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Government has said that its reforms have improved the Gross NPA of these banks.

• 21 March, 2023
• 10:29 AM
• less than a minute

RBL Bank fined Rs 2.27 crore by RBI

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Fine imposed for not complying with regulations regarding loan recovery agents.

• 21 March, 2023
• 8:24 AM
• less than a minute

Kotak Mahindra Bank to pay Rs 0.405 per share dividend on preference shares

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These preference shares are perpetual & non-cumulative.

• 20 March, 2023
• 11:32 AM
• less than a minute

UBS acquires Credit Suisse for $3.5 billion

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Swiss Central Bank to offer $100 billion credit line to UBS, as part of the deal.

• 20 March, 2023
• 8:30 AM
• less than a minute