To get an education loan, you first need to secure admission to an accredited college or university. First, you need to check with the lender if the course or university you are planning to attend is on its approved list. One should keep in mind that while public sector banks typically offer a lower rate of interest, private lenders score on convenience and quick disbursal. So, which one should you go for?

Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 56321.34 Crore).

The Indian government is discussing with lenders a regulatory mechanism to transfer assets attached by investigative agencies to a buyer or successful resolution applicant under the Insolvency & Bankruptcy Code. Presently, such assets of a fraudulent bankrupt borrower removed by investigating agencies, such as the Enforcement Directorate, are difficult for lenders to include in the corporate insolvency resolution process under the IBC. Discussions are in the early stages, though experts suggest prompt settlement of the case could result in better outcomes under the IBC in both timing and valuations.

The Reserve Bank of India (RBI) has asked the banks to provide the exchange facility of Rs 2000 banknotes as per the bank's existing norms. Hence, every bank is following their own policies while facilitating the exchange facility of Rs 2000 notes. Read on to know which banks are not asking for ID proof to exchange Rs 2000 note and which banks are not.

Earlier this year, the Centre announced the establishment of three GAC panels based on the recently amended Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.

The central bank urged the public to deposit Rs 2,000 banknotes into their accounts or exchange them for other denominations. Many banks have set certain rules around deposits and exchanges of Rs 2000 banknotes.

Bank of Maharashtra emerged as the top performing public sector bank in loan and deposit growth, recording a 29.4% increase in gross advances and 15.7% rise in deposits at the end of March 2023. The bank also recorded the highest profitability growth at 126% to Rs 2,602 crore during the year.

Kotak Nifty PSU Bank ETF and Nippon India ETF Nifty PSU Bank BeES offered 67.09% and 67.08% returns respectively in a year. NIFTY PSU BANK - TRI, the benchmark for these two schemes, offered 68.19% in the one-year horizon.

Sharekhan is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 64 in its research report dated May 19, 2023.

Though the exchange or deposit facility will be available till September 30, people rushed to the banks in significant numbers on the first day itself. Tempers flared, and heated arguments erupted between the people and staff members at Punjab National Bank's Lajpat Nagar branch.

The Reserve Bank of India (RBI) on May 19, 2023 announced that it has withdrawn Rs 2000 currency notes from circulation, while it will still be considered as legal tender.

The Reserve Bank of India (RBI) had announced on May 19 the withdrawal of Rs 2,000 currency notes but gave the public until September 30 to either deposit the Rs 2,000 notes in accounts or exchange them at banks.

As far as PNB is concerned, first, you see our provisional coverage ratio which was around 81% in the last year March 22 has improved to 86.90%, this is giving the comfort to us.

The Reserve Bank of India (RBI) had announced on May 19 the withdrawal of Rs 2,000 currency notes but gave the public until September 30 to either deposit the Rs 2,000 notes in accounts or exchange them at banks.

The Reserve Bank of India (RBI) has said that banks should follow existing guidelines, leaving them to decide their own strategies while accepting ₹2,000 notes for exchange.

As per the proposal, the company has offered to pay around Rs 1,200 crore in upfront cash to the lenders which include Axis Bank, SBI, Bank of Baroda, PNB, Canara Bank, and Bank of Maharashtra. According to sources, Reliance Power's OTS offer is supported by Varde Partners of Singapore, which is already an investor in another group company, Reliance Infrastructure Ltd.