K R Kamath

Commercial banks, which are experiencing high cost of borrowings due to non-availability of easy money, are unlikely to hike their interest rates after the Reserve Bank of India maintained status quo in its April-June policy leaving the policy rate unchanged.

PNB seeks Rs 1,500 cr capital support from govt

Punjab National Bank sought Rs 1,500 crore capital support from the government to enhance its capital base. Government's stake will rise from 58 percent.

New hiring at Indian Banks' Association sparks controversy

The IBA sparked off a fresh controversy relating to an appointment for the post of chief executive, which will fall vacant after the existing incumbent - K Ramakrishnan demits office by July end. K R Kamath, the chairman of IBA is believed to have appointed M V Tanksale, the CMD of Central Bank of India as the new office bearer....

Banks to cut lending rates after repo rate cut: IBA head

Indian banks will cut lending rates after the central bank reduced its key interest rate by 25 basis points on Tuesday, the head of industry body Indian Banks' Association, K R Kamath, said in a post-policy conference.

PNB to undertake Rs 2360cr capital infusion

Punjab National Bank (PNB) plans to undertake capital infusion to the tune of Rs 2,360 crore to maintain the financial strength of the bank.

What is India Inc expecting from the RBI on Jan 24?

Ahead of the credit policy on January 24, word on the street is the RBI will leave interest rates unchanged as it continues its hawk eye view on inflation.

PNB's total business in Kerala crosses Rs 7000cr

The total business of Punjab National Bank in Kerala has crossed Rs 7000 crore, registering a y-o-y growth of around 30% as on December 2, 2011, a top official of the bank said today.