APN News

  • Monday, March, 2021| Today's Market | Current Time: 03:00:49
  • Punjab National Bank completes IT integration of all branches of erstwhile Oriental Bank of Commerce

    Hyderabad/New Delhi: Punjab National Bank (PNB), India’s leading public sector bank, has completed IT integration of all branches of erstwhile Oriental Bank of Commerce with PNB. All customers of eOBC are now migrated to CBS of Punjab National Bank wherein they can transact seamlessly via existing branches & digital banking channels like Internet Banking & […]

    SBM Bank India launches Hyper-personalised SmartBanking platform in partnership with Finin

    SBM Bank India today announced the launch of SmartBanking platform in partnership with Finin. The Bank believes that for the Indian banking sector to expand and touch billions of lives, access to affordable technology-led Banking will play a pivotal role. Towards this endeavour, SBM Bank India has stayed the course and brick by each brick, […]

    Paytm partners with Suryoday Small Finance Bank to empower MSMEs with instant digital loans

    Mumbai: India’s home-grown digital financial services platform Paytm today announced its partnership with Suryoday Small Finance Bank to empower MSMEs with instant digital loans. The company is furthering the cause of financial inclusion by offering instant microloans to businesses that are unable to access financial services from traditional banking players. The company through this partnership […]

    Punjab National Bank launches PNB LenS to speed up loan delivery

    Punjab National Bank (PNB), India’s leading public sector bank, today launched a tech-based loan management solution called PNB LenS – The Lending Solution, to speed-up and maintain accuracy in online loan processing and sanctioning of credit proposals. Post-merger, it was paramount to have a stringent loan management solution, which can be used for activities related to […]

    SBI, NPCI and JCB Launch ‘SBI RuPay JCB Platinum Contactless Debit Card’

    Mumbai: State Bank of India (SBI), National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCB) have announced the launch of ‘SBI RuPay JCB Platinum Contactless Debit Card’. This Card has been launched on the RuPay network by SBI in association with JCB. The SBI RuPay JCB Platinum Contactless Debit Card comes with […]

    SIDBI launches asset restructuring web module to help MSMEs take benefit of RBI’s guidelines

    Small Industries Development Bank of India (SIDBI), the country’s apex financial institution for the promotion, financing and development of Micro, Small and Medium Enterprises (MSME), has launched a web portal https://arm-msme.in to help MSMEs take benefit of Reserve Bank of India’s (RBI) MSME restructuring guideline. With the help of this Do-It-Yourself (DIY) asset restructuring web […]

    Indian Bank announces cut of 5 basis points in MCLR for one-year tenure

    State-owned lender Indian Bank has announced a cut of 5 basis points in its marginal cost of funds based lending rate (MCLR) for one-year tenure. The bank has decided to reduce the MCLR for one-year tenure by 5 basis points to 7.30 per cent effective from September 3, 2020, Indian Bank said in a regulatory […]

    Finance Ministry asks banks to refund charges collected after 1st Jan’20 on electronic transactions

    The Finance Ministry has asked banks to immediately refund the charges collected after 1st of January this year on transactions carried out using the electronic mode prescribed under the IT act. The Ministry also advised banks not to impose charges on any future transaction carried out through the electronic mode.  It said, Central Board of Direct […]

    Paytm Payments Bank enables banking services through Aadhar Cards

    Hyderabad : India’s home-grown Paytm Payments Bank Ltd (PPBL) has enabled banking services through Aadhar Cards by integrating Aadhaar enabled Payment System (AePS). PPBL’s customers can now access to basic banking services such as cash withdrawal, balance enquiry and obtain a mini statement through the business correspondent of any banking & financial institution in the country. […]

    Launches digital banking campaign, “DIGITAL APNAYEN” with a noble cause

    The nation’s second largest public sector bank, Punjab National Bank (PNB), celebrated 74th Independence Day at its corporate headquarters in New Delhi.  Shri CH SS Malikarjuna Rao, Managing Director & CEO of the Bank (MD & CEO), unfurled the National Flag in the presence of Executive Directors, Chief General Managers, Senior executives and other employees. […]