
Mutual Fund SIP calculator: A monthly SIP of Rs 5000 in the direct plan of this Union Midcap Fund would…
The increase in provisions of Rs 4,077 crore in Q2FY23 came on the back of higher provisioning on standard assets.
The agency officials said that the DHFL loan accounts were declared non-performing assets at different points of time by lender…
The bank has set the shorter-term MCLR in the range of 7.15-7.70% while two-year and three-year MCLR is set at…
Rest of recovery was through traditional modes such as sale of properties, one-time settlement and Debt Recovery Tribunal (DRT) resolutions.
The bank had reported a standalone PAT of Rs 1,181 crore in the corresponding quarter of the preceding fiscal.
Other than PNB, Union Bank of India, Canara Bank and Indian Bank are the three other PSU lenders who have…
The immediate support for the Nifty is placed near 16445 and below that 16300 will act as major support for…
Growth in credit to industry recovered to 6.5% in February 2022 from 1% a year ago, RBI data showed
Officials at NARCL are still in the process of carrying out due diligence of the assets that have been identified…
The stake sale is subject to obtaining requisite regulatory approvals, it said.
The headhunter for directors of state-owned banks and financial institution also recommended A Manimekhalai, Ajay Kumar Srivastava and Swaroop Kumar…
Union Bank’s gross advances grew 2.7% on year to stand at Rs 6.69 lakh crore.
Talace Private Limited — a subsidiary of the Tata Group’s holding company Tata Sons — on October 8, 2021, won…
BSE Sensex and Nifty 50 were languishing near the day lows on the back of sell-off in the index heavyweights…
The RBI also “nudges” the governments at the Centre and states to cut the high indirect taxes on fuel products…
Interested bidders have to submit their expressions of interest by July 30. It may be extended from time to time,…
The non-interest income grew 50% quarter-on-quarter (q-o-q) and 23% y-o-y to Rs 4,551 crore, mainly on account of recovery in…
Trends on SGX Nifty suggest a gap-up start for BSE Sensex and Nifty 50 with a rise of 46 points…
Union Bank of India is looking to digitise and automate its recovery processes, according to a tender document issued by…
“These searches are part of a special drive to book fraudsters on the complaints received from different nationalised banks in…
Banks typically make two categories of write-offs. A technical write-off is made when the bank removes an account from the…
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