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RBI preps Rs.1 L-cr bond, $10 bn swap stimulus

Mumbai, Jan. 24 -- Amid persistent tightness in liquidity conditions, the Reserve Bank of India (RBI) on Friday announced its third tranche of open market operations (OMOs) for the purchase of governm... Read More


RBI announces third tranche of stimulus ahead of MPC as rupee hits new low

Mumbai, Jan. 23 -- Amid persistent tightness in liquidity conditions, the Reserve Bank of India (RBI) today announced its third tranche of open market operations (OMOs) for the purchase of government ... Read More


PNB Housing bets on emerging markets to boost margins as banks corner high-end loans

New Delhi, Jan. 23 -- PNB Housing Finance is targeting higher-than-industry growth in the affordable and emerging-market segments to support its margins amid stiff competition from banks in the prime ... Read More


Rate cuts pressure PNB, drive shift to cheaper deposits

mumbai, Jan. 21 -- Punjab National Bank, or PNB, is preparing the ground for further deposit rate cuts as pressure on margins intensifies, betting that cheaper deposits are now the best way to protect... Read More


PNB prepares for more deposit rate cuts as margin pressure builds

New Delhi, Jan. 20 -- MUMBAI: Punjab National Bank, or PNB, is preparing the ground for further deposit rate cuts as pressure on margins intensifies, betting that cheaper deposits are now the best way... Read More


PNB looks to cheaper deposits to defend margins after rate cuts bite

MUMBAI, Jan. 20 -- Punjab National Bank, or PNB, is preparing the ground for further deposit rate cuts as pressure on margins intensifies, betting that cheaper deposits are now the best way to protect... Read More


Standard Chartered doubles down on affluent customers through launch of priority banking

Mumbai, Jan. 13 -- Standard Chartered Bank is doubling down on its strategy of focusing on affluent customers through the launch of its priority banking suite of products. The products include wealth ... Read More