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News

PSU Connect
psuconnect.in > financial > indias-services-exports-rise-to-421-3-billion-in-fy26

India's Services Exports Rise to $421.3 Billion in FY26

11+ hour ago   (169+ words) PSU Connect New Delhi, July 24, 2026: India's services exports rose to USD 421.3 billion in FY 2025-26, up from USD 387.5 billion in FY25, according to data shared by Minister of State for Commerce and Industry Jitin Prasada in the Rajya Sabha Telecommunications, computer and…...

PSU Connect
psuconnect.in > bank-news > rbi-absorbs-approx-rs-1-lakh-crore-surplus-liquidity-from-banking-system-on-july-9

RBI absorbs Rs 1.10 lakh crore surplus liquidity from Banking System on July 9

1+ week, 3+ day ago   (242+ words) Mumbai, 14 July: Around Rs 1.10 lakh crore has been absorbed by the Reserve Bank of India (RBI) from the banking system on July 9, indicating a strong and surplus cash presence with lenders despite continued money market activity. The Central Bank has…...

PSU Connect
psuconnect.in > bank-news > latest-fd-interest-rates-june-2026-sbi-pnb-icici-hdfc-axis-canara-bank-after-rbi-repo-rate-pause

Latest FD Interest Rates June 2026: SBI, PNB, ICICI, HDFC, Axis & Canara Bank After RBI Repo Rate Pause

4+ week, 13+ hour ago   (360+ words) New Delhi, June 26, 2026: The Reserve Bank of India (RBI) has kept the repo rate unchanged in its recent Monetary Policy meeting. Due to this pause, most major banks have maintained stable Fixed Deposit (FD) interest rates with only minor changes…...

PSU Connect
psuconnect.in > bank-news > axis-bank-brsr-fy26-61-348-cr-green-financing-30-women

Axis Bank BRSR FY26: ₹61,348 Cr Green Financing, 30% Women

4+ week, 1+ day ago   (357+ words) The report, which has been assured by SGS India Private Limited, provides a detailed overview of the Bank’s performance against the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). Key highlights from the FY 2025-26 BRSR include significant…...

PSU Connect
psuconnect.in > bank-news > sbi-hdfc-icici-pnb-or-small-finance-banks-senior-citizens-can-earn-up-to-8-30-on-fds-in-june-2026

SBI, HDFC, ICICI, PNB or Small Finance Banks? Senior Citizens Can Earn Up to 8.30% on FDs in June 2026

1+ mon, 1+ week ago   (342+ words) Mumbai: Looking for safe and guaranteed returns after retirement? Senior citizens have plenty of reasons to cheer in June 2026. Several banks are offering attractive fixed deposit (FD) rates, with some RBI-regulated small finance banks paying as much as 8.30% per annum…...

PSU Connect
psuconnect.in > bank-news > assam-cm-himanta-biswa-sarma-pnb-discuss-pm-mudra-yojana-and-msme-growth

Assam CM Himanta Biswa Sarma, PNB Discuss PM Mudra Yojana and MSME Growth

1+ mon, 2+ week ago   (180+ words) Guwahati, Assam: In a significant step toward advancing financial inclusion and economic development in Assam, a productive meeting was held between Chief Minister Dr. Himanta Biswa Sarma and Shri Bijender Singh, Zonal Manager, Guwahati Zone, Punjab National Bank (PNB). During…...

PSU Connect
psuconnect.in > bank-news > bank-of-baroda-sees-rbi-rate-hikes-ahead-despite-mpc-status-quo

Bank of Baroda Sees RBI Rate Hikes Ahead Despite MPC Status Quo

1+ mon, 2+ week ago   (312+ words) Mumbai, June 2026: Following the latest monetary policy announcement, Bank of Baroda Chief Economist Madan Sabnavis said the Reserve Bank of India's decision to maintain the policy repo rate and monetary stance was largely in line with market expectations, but rising…...

PSU Connect
psuconnect.in > psu-news > bccl-introduces-diesel-price-relief-mechanism-for-contractors-to-ease-financial-stress

BCCL Introduces Diesel Price Relief Mechanism for Contractors to Ease Financial Stress

1+ mon, 2+ week ago   (194+ words) New Delhi, June 5, 2026: Bharat Coking Coal Limited has announced the implementation of interim financial relief measures aimed at mitigating stress arising from the sharp increase in bulk diesel prices affecting outsourced operational contracts. The decision was approved by the company’s…...

PSU Connect
psuconnect.in > bank-news > bank-of-india-hikes-select-mclr-rates-pnb-retains-lending-rates-unchanged-from-june-1

Bank of India Hikes Select MCLR Rates; PNB Retains Lending Rates Unchanged from June 1, 2026

1+ mon, 3+ week ago   (454+ words) New Delhi, May 30, 2026: Two major public sector lenders, Bank of India and Punjab National Bank (PNB), have announced their latest lending rate reviews effective June 1, 2026. While Bank of India has increased select Marginal Cost of Funds Based Lending Rates (MCLR),…...

PSU Connect
psuconnect.in > bank-news > rbi-records-highest-ever-net-dollar-sales-of-53-13-billion-in-fy26-to-stabilize-rupee

RBI Records Highest-Ever Net Dollar Sales of $53.13 Billion in FY26 to Stabilize Rupee

2+ mon, 1+ day ago   (307+ words) Mumbai, May 23, 2026 In a strong demonstration of effective macroeconomic stewardship, the Reserve Bank of India (RBI) achieved its highest-ever net dollar sales of $53.13 billion in the financial year 2025-26 (FY26). This proactive intervention helped maintain orderly conditions in the foreign exchange market…...