“Punjab National Bank’s 19th AGM”

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Punjab National Bank today held a 19th Annual General Meeting for the shareholders. The AGM was held via a virtual conference that enabled shareholders even from remote locations to be a part of this conference. Photo Caption: Left to Right - Dr. Rajesh Kumar Yaduvanshi- Executive Director of Punjab National Bank, Shri Vijay Dube- Executive Director of Punjab...

Bank of India Q1 net profit rises over three-fold to Rs 844 cr

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State-owned Bank of India (BoI) on Monday reported over three-fold rise in net profit to Rs 843.60 crore for the quarter ended June 30, as pressure of bad loans eased. The bank had registered a net profit of Rs 242.60 crore in the April-June period of 2019-20.The total income during the period under review increased to Rs 11,941.52 crore,...

This Raksha Bandhan, say Thank You with a PNB Suvidha card

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The festival, Raksha Bandhan celebrates the love between a brother and sister with a promise to protect and care for each other for life. Over the years, this joyous occasion has also transcended into an opportunity for the siblings to express gratitude and shower each other with worthy gifts. For such an occasion of fervour...

CANARA BANK LAUNCHES CORONA KAVACH POLICY

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Bengaluru, July, 2020: Due to the quick spread of highly-infectious Novel Corona virus Covid-19, panic-stricken people are feeling insecure and scrambling to take a health insurance cover. The steep rise in Covid cases has resulted the IRDAI to compel insurers to offer short-term Covid-specific health plans that will cover hospitalization expenses related to the treatment of COVID-19. ...

Bank of Baroda’s Credit Card Arm Readies for Digital Transformation with Fiserv Technology

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India , July , 2020 -- BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda, has chosen Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to enable the digitization of their end-to-end card issuance and processing cycle and support the launch of several new and high-tech...

Paisabazaar.com Launches ‘Paisabazaar Stack’ – To Offer Completely Digital Lending Solutions

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The Fintech has built a stack of capabilities that facilitates end-to-end digital solutions for loans & credit cards The Digitization Stack includes KYC verification, income & employer validation, repayment and agreement set-up - all done completely digitally Paisabazaar.com has integrated its Stack already with IndusInd Bank to offer a completely digital process for credit cards Paisabazaar.com, India's largest digital...

Max Financial Services Reports 235% Growth in Q1 FY21 PAT, Backed by Subsidiary Max Life’s Strong Performance

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Consolidated Revenues1 at Rs. 5,517 Cr. in Q1 FY21, grew 40%, Consolidated PAT1 at Rs. 182 Cr., grew 235% Max Life Results Highlights (Q1 FY21): Individual APE: Rs. 660 Cr., gained market share by 217 bps to 11% Value of New Business stood at Rs. 113 Cr., New Business Margin was 17% Assets Under Management: Rs. 73,239 Cr.; grew...

IDFC FIRST Bank opens MBA Scholarships for 2020-2022 batch

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Mumbai, July 27, 2020: IDFC FIRST Bank has announced the opening of its MBA Scholarship programme for the batch of 2020-2022, as part of its Corporate Social Responsibility (CSR). As its flagship CSR programme, the scholarship is available to MBA aspirants across the country. It aims to financially support students from weaker social economic backgrounds,...