Sunday, May 22, 2022

Bandhan Bank to increase exposure to secured loans: MD & CEO

Bandhan Bank MD and CEO Chandra Shekhar Ghosh told PTI that "the lender will increase its exposure to secured loans and has set a target to increase disbursements to housing and medium-size MSME loans. Advances to MFIs and small-ticket MSME loans are unsecured".

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bandhan-bank-to-increase-exposure-to-secured-loans-md-ceo/articleshow/91723442.cms

BANKING

Bandhan Bank MD and CEO Chandra Shekhar Ghosh told PTI that "the lender will increase its exposure to secured loans and has set a target to increase disbursements to housing and medium-size MSME loans. Advances to MFIs and small-ticket MSME loans are unsecured".

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No capital support from govt needed this year: Punjab & Sind Bank MD

Capital adequacy ratio of the bank improved to 18.54 per cent in March 2022 from 17.06 per cent as at March-end 2021 with the help of capital support from the government, bank's MD and CEO S Krishnan said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/no-capital-support-from-govt-needed-this-year-punjab-sind-bank-md/articleshow/91723156.cms

BANKING

Capital adequacy ratio of the bank improved to 18.54 per cent in March 2022 from 17.06 per cent as at March-end 2021 with the help of capital support from the government, bank's MD and CEO S Krishnan said.

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Punjab National Bank earns over Rs 645 crore through ATM transaction charges in FY22

Revenue earned by Punjab National Bank from ATM transaction charges stood at Rs 645.67 crore in financial year 2021-22, the bank said in response to an application seeking information under the Right to Information (RTI) Act. In 2020-21, the bank had earned Rs 170 crore by levying charges on customers for not maintaining minimum balance in their accounts.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/punjab-national-bank-earns-over-rs-645-crore-through-atm-transaction-charges-in-fy22/articleshow/91720521.cms

BANKING

Revenue earned by Punjab National Bank from ATM transaction charges stood at Rs 645.67 crore in financial year 2021-22, the bank said in response to an application seeking information under the Right to Information (RTI) Act. In 2020-21, the bank had earned Rs 170 crore by levying charges on customers for not maintaining minimum balance in their accounts.

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Saturday, May 21, 2022