INDIAN NEWS & TIMES

Thursday, December 8, 2022

Punjab National Bank, ndian Bank, HDFC, ICICI Bank, Bank of Baroda, BoI, Central Bank of India and Canara Bank have increased Retail Prime Lending Rate. The banks’ move comes after a number of banks raised their external benchmark based lending rates following an increase of 0.40 per cent in the repo rate — at which the Reserve Bank lends short term money to banks.

A massive fire broke out in a Coke plant at Jamshedpur’s Tata Steel Factory due to an alleged blast in a battery. Tata Steel on Saturday said three contractual workers at its plant in Jamshedpur received minor injuries. There has been no impact on production..

HCL Technologies’ UK-based subsidiary has acquired Switzerland-based digital banking and wealth management specialist Confinale AG, for 53 million CHF (Swiss Francs). completed by July 1, 2022.