APN News

  • Thursday, April, 2022| Today's Market | Current Time: 11:27:14
  • 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 […]

    Central Bank of India registered Net Profit of ₹ 206 Crore

    With improved performance, the Bank has registered Net Profit of ₹ 206 Crore compared to ₹ 135 Crore (53%) on Y-o-Y basis and turned corner from loss of ₹ 1349 Crore as on 31st Mar’ 21 on Q-o-Q basis. Operating Profit marginally declined from ₹ 1291 Crore to ₹ 1179 Crore (-8.68%) on Y-o-Y basis […]

    Kotak Launches Emergency COVID-19 Personal Loans

    Personal Loans for COVID-19 treatment of up to Rs 5 lakh starting at an interest rate of 10% p.a. Introduces a range of attractive healthcare offers for customers Mumbai: Kotak Mahindra Bank Limited (KMBL) today announced that it is offering emergency personal loans exclusively for the treatment of COVID-19. The loan covers expenses incurred for […]

    HDFC LIFE _ New Campaign #KaroPooriTaiyaari_A Call To Responsible Financial Planning By HDFC Life

    A series of videos that encourages people to fulfil their responsibilities with smart financial planning New Delhi: HDFC Life, one of India’s leading life insurers, as a responsible company has constantly endeavored to create greater awareness about life insurance amongst consumers. Intending to encourage Indians to plan and secure their life’s goals with their superior […]

    Punjab National Bank holds 20th AGM through Video conference

    Hyderabad/New Delhi: Punjab National Bank, the nation’s leading public sector bank, held the 20th Annual General Meeting (AGM) of the Bank’s shareholders. Amidst the prevailing Covid-19 situation, the Bank conducted its AGM through video conference, without the physical presence of shareholders at a common venue, in accordance with guidelines issued by SEBI and MCA. Shri. […]

    ESAF Small Finance Bank files for Rs 998 cr IPO

    Chennai : Kerala based, ESAF Small Finance Bank on Monday filed its Draft Red Herring Prospectus (DRHP) with markets regulator Securities and Exchange Board of India for an IPO. As per the DRHP filed the aggregate issue size is up to ₹997.78 crs; comprising of a fresh Issue component of up to ₹  800 crs […]

    SBI announces restructuring of roles and responsibilities at HR and Tech verticals

    Shri Om Prakash Mishra is now designated as DMD (HR) & Corporate Development Officer Shri Ravindra Pandey takes charge as DMD & Chief Information Officer Shri Rana Ashutosh Kumar Singh is the new DMD (Strategy) & Chief Digital Officer New Delhi : State bank of India (SBI) has announced few key reshuffling in the bank’s […]

    Paytm Payments Bank has 155 million UPI handles, is the largest beneficiary bank

    Mumbai: India’s leading digital payments and financial services Paytm filed its DRHP on July 15, 2021, for SEBI’s approval for its $2.2 billion IPO. In its prospectus, the numbers of Paytm Payments Bank revealed how the company is faring in the UPI game. Paytm Payments Bank Ltd (PPBL), has 155 million UPI handles on its […]

    Federal Bank records highest ever operating profit of Rs.1135 Cr (Grows by 22% Y-o-Y)

    Mumbai: Federal Bank announced the Unaudited Financial Results for the quarter ended 30th June 2021. The key highlights of the results on a Y-o-Y basis are as follows: Operating profit grows 21.75% to reach Rs. 1135.18 Cr Net total income grows 15.90% to reach Rs.2068.58 Cr Gold Loans register growth of 53.90% to reach Rs. […]