13 PSU banks fail to meet agriculture lending target

As many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal.

Bank of India cuts deposit rates by up to 50 bps

State-owned Bank of India has slashed deposit rates across certain maturities by up to 50 basis points.