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Aug 25, 2006

Recruitment

City Union Bank is recruiting clerical staff. Last date for sending application 02.09.2006. For more information visit www.cityunionbank.com.

News

The SBI board which met on 24.08.06 ratified the hike in PLR by 25 basis points from 10.75 per cent to 11 per cent. The hike will not be applicable to home loans up to Rs.15 lakh.(B.L.25.08.06)

News

Punjab National Bank to raise Rs.1000 crore worth capital through upper and lower tier II bonds this fiscal to augment its capital base-Mr.s.c.Gupta, CMD, PNB.

News

Foreign institutional investors can now purchase equity shares of UTI Bank Ltd, under Portfolio Investment Scheme, through primary markets and stock exchanges in India upto 49 per cent of its paid-up capital.(B.L.25.08.06)