APN News

  • Thursday, March, 2021| Today's Market | Current Time: 12:59:45
  • PNB dedicates 6 branches to war heroes

    Kolkata: This year’s Armed Forces Veteran’s Day, celebrated a day before Army Day, PNB, nation’s leading public sector bank, as a tribute dedicated its Digihut, at Delhi Cantt by remodeling the same in honour of Captain Anuj Nayyar, MVC (17 Jat). PNB also dedicated other five branches in honour of war heroes at Jaipur Jhotwara […]

    NPS Subscribers can now Self Declare to avail Partial withdrawal and receive the amount on 5th day in their Bank Account

    PFRDA had taken a series of digital initiatives to reduce turnaround time (TAT) for most of its processes and functions in the Subscriber’s interest. In this direction towards digital transformation and to provide technology enabled solutions to its Subscribers, partial withdrawal which is allowed for NPS Subscribers to meet their specific needs, is also made online […]

    Bank of Khyber transforms to Temenos Core and Digital Banking Platform

    Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs PESHAWAR, Pakistan: Bank of Khyber (“BoK”) (http://BoK.com.pk) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact (www.Temenos.com) the next generation core banking, […]

    Banks worldwide amass $15 billion in fines 2020, US banks account for 73%

    Data acquired from the Bank Fines Report 2020 by Finbold.com indicates a total of $15.13 billion (€12.79 billion) in aggregated bank fines last year. The bank fines covered the period of January 1st, 2020, to December 31st, 2020. US banks account for the highest fines from 12 violations in 2020 According to the findings, the […]

    Paytm Payments Bank leads the market with 6 million Fastags as sales increase with deadline extension

    Hyderabad:India’s homegrown Paytm Payments Bank Ltd (PPBL) today announced that it is the leading issuer of FASTag in the country with over 6 million FASTags, as more citizens avail the service with the government extending the deadline for its adoption. Paytm FASTag has gained popularity amongst users in the country due to its seamless onboarding […]

    PNB collaborates with IIT Kanpur & FIRST to set up Fintech Innovation Centre

    Kolkata: Nation’s leading  public sector bank, Punjab National Bank (PNB), has announced an alliance with the prestigious Indian Institute of Technology (IIT), Kanpur & FIRST (Foundation for Innovation & Research in Science & Technology), to jointly establish the Punjab National Bank – IIT Kanpur Innovation Centre at the IIT campus. The MoU was signed at […]

    Unicas by Cashaa partners with Bitbns To Provide Banking Services to Indian Crypto Traders

    New Delhi: Unicas – a crypto friendly financial institution by Cashaa, has partnered with Bitbns cryptocurrency exchange to provide Indian crypto traders with advanced banking services. The new partnership will enable Indian Bitbns users to become Unicas members and access their state-of-the-art banking services. Unicas banking services include- high interest savings accounts, crypto backed loans […]

    IDFC First Bank – Provisional figures_Q3 FY21

             Customer Deposits of the Bank increased to Rs. 77,289 Cr as on 31 December 2020 from Rs. 54,631 Cr as on 31 December 2019 (YoY growth of 41%). This was Rs. 69,368 Cr as on 30 September 2020 (QoQ growth of 11%). ·         Retail Deposits (CASA and Term Deposits) of the Bank increased to […]

    Indonesia, China, and the US have the Highest Bank Customer Satisfaction Score Globally, UK Under Global Average

    The record-high levels of fintech investments and the rise of open banking in recent years have changed the financial services landscape and created space for new promising products and players. To keep their business thriving in this highly competitive environment and maintain customer satisfaction, banks have to provide a service in sync with clients’ needs […]

    Canara Bank Retained Interest rates on loans/advances with effect from 07.01.2021

    Chennai: Canara Bank, a leading Public Sector Bank, has retained its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from January 7, 2021. Accordingly, the tenor linked MCLRs of the Bank shall be as under with effect from 07.01.2021: Tenor Interest Rate (in %) Overnight MCLR 6.80% […]