In the fourth quarter of FY21, Indian Bank’s net profit of Rs 1,709 crore

Indian Bank, a public sector institution, recorded a net profit of Rs 1,709 crore for the…

In the fight against coronavirus, Canara Bank has announced three loan schemes

As part of the fight against the epidemic, the state-run Canara Bank unveiled three lending initiatives…

Social spending, business tax hike drive $6Tr Joe Biden budget

Despite a host of new tax increases on businesses and high-income people aimed to pay for…

SBI Q4 profit up 80% at Rs 6,451 crore

SBI’s net profit increased 80.1 percent year on year (YoY) to Rs 6,451 crore in the…

India has lost half of its manufacturing jobs in the last five years.

Manufacturing jobs in 2020-21 was approximately half of what it was five years earlier, according to…

Employees of PSU banks will receive a small bonus as an incentive.

The performance-linked portion in the wage agreement signed with the Indian Banks’ Association (IBA) in November…

The RBI has asked PSBs to put recently announced steps into effect immediately.

The Governor of the Reserve Bank of India has urged banks to continue concentrating on improving…

Interest is charged for late payments on GST-eligible imported products.

An Authority for Advance Ruling (AAR) has ruled that interest for overdue payment on imported products…