Bank Rate

Punjab and Sind Bank to open 100 new branches | Check Expansion Plans FY25

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Punjab and Sind Bank expansion plans FY25

Punjab and Sind Bank has ambitious plans to expand its reach across the country. In the current financial year (2024-25), they aim to open 100 new branches, bringing their total number of branches to 1,665 by the end of the year. Additionally, they plan to add 100 new ATMs to their network, increasing the total Read more: Punjab and Sind Bank to open 100 new branches | Check Expansion Plans FY25..

Bank of England holds bank rate steady at 5.25%

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Bank of England holds bank rate steady

The Bank of England (BoE) has recently decided to maintain its bank rate at 5.25%, as was widely expected. This decision was announced on Thursday, June 20, 2024. Furthermore, seven policymakers voted to hold rates steady, while two members Dave Ramsden and Swati Dhingra voted for a 0.25 percentage point cut. This decision comes amidst Read more: Bank of England holds bank rate steady at 5.25%..