The decision pertaining to HDFC Bank FDI was taken at the cabinet meet held on Wednesday.
Modi govt clears HDFC Bank's proposal to raise Rs 24,000 crore via FDI Currently, the FDI in the banks stands at 72.62 per cent.
Bank of India said the enhanced rates would come into effect from June 10, 2018.
Just a day after the monetary policy review committee members unanimously hiked key repo rate for the first time in over 4 years to 6.25%, banks across private and public space have begun to increase the marginal cost of funds based lending…
1. PNB's quantum of rise in bad loans or NPAs due to RBI circular and Nirav-Modi related fraud.2. Outlook on the bank's future with respect to NPAs.3. Most importantly, PNB's senior management's views on the latest developments in the…