APN News

  • Sunday, September, 2021| Today's Market | Current Time: 03:01:42
  • Equitas Small Finance Bank offers a unique platform to boost Fintech Start-ups

    ~Equitas Fintech Accelerator program invites budding fintech entrepreneurs to be mentored by industry experts and VCs ~ ~The program aims to be India’s best Fintech Start-Up Accelerator~ Mumbai: Equitas Small Finance Bank is set to launch ‘Equitech’ – a Fintech Accelerator aimed at the start-up ecosystem. It is a unique program designed to scale -up […]

    Canara Bank retains Interest rates on loans/advances with effect from 07.08.2021

    Bengaluru: Canara Bank, a leading Public Sector Bank, has retained its Marginal Cost of Fund Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from August 7, 2021. Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.08.2021: Tenor Existing MCLR MCLR w.e.f. 07.08.2021 Change […]

    SIDBI launches Swavalamban Challenge Fund to promote entrepreneurship culture in India

    Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), in partnership with Foreign, Commonwealth & Development Office, UK (FCDO UK) has launched ‘Swavalamban Challenge Fund’ (SCF). A challenge fund is a fund support mechanism to allocate funds for specific […]

    154th SLBC Meeting held on 5th August 2021

    Bengaluru : On behalf of Canara Bank and SLBC, Karnataka, Executive director of Canara Bank Sri Brij Mohan Sharma extended a warm and hearty welcome to Sri P Ravi Kumar Honorable Chief Secretary, Govt. of Karnataka, Smt. Vandita Sharma,Addl. Chief Secretary& Development Commissioner, GoK to the 154th SLBC meeting.  He also extended a warm welcome […]

    [email protected] outlet launched in Hyderabad

    Hyderabad: Punjab National Bank (PNB) has launched [email protected] outlet (EASE Banking Outlet) at Aditya Enclave, near Ameerpet Metro Station, Hyderabad.  Under the digital initiative, every transaction undertaken by a bank branch will be initiated and authorised by customers themselves. This facility will enable the customers to avail all banking services under one roof. Inaugurating the […]

    NFDB Signs Pact with PNB

    Fisheries & Aquaculture Infrastructure Development Fund Scheme Kolkata: National Fisheries Development Board (NFDB) under Ministry of Fisheries, Animal Husbandry & Dairying, Government of India has today entered into an MoU with Punjab National Bank, the premier Bank in the country, to extend financial assistance through the Bank. The Government created the Fisheries and Aquaculture Infrastructure […]

    Kotak Enters into MoU with National Small Industries Corporation to Offer Loans to MSMEs

    MSMEs can avail business loans and working capital solutions at attractive rates, in addition to best-in-class cash management services Mumbai : Kotak Mahindra Bank Ltd (KMBL) today announced that it has entered into a Memorandum of Understanding (MoU) with the National Small Industries Corporation (NSIC), a Government of India enterprise, to facilitate credit to Micro, […]

    IDFC FIRST Bank’s Q1 FY22 Financial Results

    Mumbai: Key highlights: Core Pre-provisioning Operating Profit highest ever at Rs. 601 Crore Bank takes prudent provisions for COVID second wave. Expects provisions to taper off for FY 22. ·         Total Income grew by 36% YoY basis to reach Rs. 3,034 crore in Q1 FY22. ·         Core PPOP (excluding Treasury Gains) grew by 8% YOY […]

    Local Bank Ranked #1 in Massachusetts by Forbes and Statista

    EASTON, MA: North Easton Savings Bank was recently named as Forbes’ top ranked bank in Massachusetts for 2021.  This top ranking appeared on Forbes’ most recent listing of America’s Best Banks and Credit Unions in each state.  “We are honored to receive this award and to be ranked as the number one bank in Massachusetts.  […]

    IFC Equity Investment in Federal Bank to Promote Green Recovery, Improve Access to Finance for Smaller Businesses

    Mumbai, India : Increased financing for climate friendly projects as well as more financing for small businesses to help accelerate India’s economic recovery from COVID-19 are expected in the wake of a $126 million (₹916 crore) equity investment in Federal Bank, one of the country’s leading private sector banks.  IFC, and two investment funds managed […]