News for '-mab'

ICICI revises minimum balance requirement for new savings a/cs

ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1. The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.

'Medicines are just one part of the solution'

'We are looking at what kind of products, diagnostics or other solutions we can offer to become a well-rounded player in a particular disease area globally.'

Nipah is back, should you be worried?

The Indian Council of Medical Research was in talks with the Serum Institute of India for local manufacturing of monoclonal antibodies (MABs). However, it did not take off, as the volume was much less in India.

A Breakthrough In Nipah Virus Research

This will also help test the effectiveness of preventing the entry of Nipah in target cells.

RBI imposes penalty on PNB, ICICI Bank

The Reserve Bank of India (RBI) on Wednesday said it has imposed a penalty of Rs 1.8 crore on Punjab National Bank and Rs 30 lakh on ICICI Bank for deficiencies in regulatory compliance. In a statement, the RBI said the Statutory Inspection for Supervisory Evaluation (ISE) of Punjab National Bank (PNB) was conducted by it with reference to its financial position as of March 31, 2019. Following the ISE and examination of other documents, the RBI found contravention of its provisions relating to the pledge of shares by the PNB.

Govt in talks with SII for Nipah antibody, may put imports on hold

Given the recurring outbreaks in the last five years, the government is considering domestic manufacturing of monoclonal antibodies for treating Nipah virus infections and is in talks with Serum Institute of India, report Shine Jacob and Sohini Das.

Not only private banks, even PSBs levy charges on customers

Punjab National Bank, Bank of Baroda, Bank of India and Canara Bank already charge their customers a levy for failing to maintain a minimum balance for a quarter or a month.

Biocon plans new unit for Cuban JV

India, Pakistan team statistics

India partly revokes Roche cancer drug patent

Roche has already adapted its business model in India to increase affordable access to drugs and try to stave off trouble from India's patent authorities.