PNB

PNB Board approves plan to raise Rs 10,000 cr

PNB Board approves plan to raise Rs 10,000 cr

In a regulatory filing, the bank said that it will seek shareholders' approval for raising of equity capital for an amount up to Rs 7,000...Read More

PNB reports fraud of Rs 3,688.58 cr in DHFL account

PNB reports fraud of Rs 3,688.58 cr in DHFL account

The DHFL came in the eye of the storm after a report suggested that the company, through layers of shell companies, allegedly siphoned of...Read More

PNB plans to hit capital market in Q4

PNB plans to hit capital market in Q4

At the moment, the bank is sufficiently capitalised with the capital adequacy ratio of 14.14 per cent at the end of March 2020, PNB Mana...Read More

PNB Q3 loss at Rs 492 crore as NPA provisioning spikes

PNB Q3 loss at Rs 492 crore as NPA provisioning spikes

The state-owned lender had posted a net profit of Rs 246.51 crore for the same period a year ago.

ED to PNB: Go through PMLA route to get Nirav Modi’s assets

ED to PNB: Go through PMLA route to get Nirav Modi’s assets

This could prove a setback in the banks attempts at immediate liquidation of the attached assets, with the ED indicating it will contest ...Read More

LoUs worth Rs 25,000 crore were fraudulently issued: Audit

LoUs worth Rs 25,000 crore were fraudulently issued: Audit

According to Belgian auditor BDO, commissioned by PNB in February 2018, days after it complained to the CBI

Bad News: PNB Q2 net at Rs 507 cr, low asset quality, provisions up

Bad News: PNB Q2 net at Rs 507 cr, low asset quality, provisions up

New Delhi: India's second largest state-run lender Punjab National Bank (PNB) posted a net profit of Rs 507.05 crore for the second quar...Read More

Bhopal: PNB executive director in Bhopal

Bhopal: PNB executive director in Bhopal

In Bhopal, PNB ED will preside over one time settlement camp. He will also address customers’ get together.

Interpol issues Red Corner Notice against Nirav Modi's brother

Interpol issues Red Corner Notice against Nirav Modi's brother

Nirav Modi and his uncle Mehul Choksi are alleged to be the main perpetrators of India's biggest bank fraud that came to the fore last year

PNB puts up 11 NPAs for sale to recover dues of Rs 1,234 crore

PNB puts up 11 NPAs for sale to recover dues of Rs 1,234 crore

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

PSB mega merger plan: PNB board to consider Rs 18,000-crore capital infusion this week’s board meeting

PSB mega merger plan: PNB board to consider Rs 18,000-crore capital infusion this week’s board meeting

New Delhi: Punjab National Bank (PNB) on Monday said the board will consider capital infusion of up to Rs 18,000 crore in its meeting lat...Read More

Bhopal: PNB to hold pan India consultations from today

Bhopal: PNB to hold pan India consultations from today

This will cover regional level group consultations involving all branches within that particular region. It will involve discussions at t...Read More

PNB recovers Rs 278 crore from poor account holders as penalty

PNB recovers Rs 278 crore from poor account holders as penalty

This was revealed after an RTI activist in Madhya Pradesh's Neemuch district, Chandrashekhar Gaur sought information from the PNB

PNB's NPA recovery doubles to Rs 20,000 cr

PNB's NPA recovery doubles to Rs 20,000 cr

State-owned Punjab National Bank (PNB) recovered Rs 20,000 crore of bad loans during the financial year ended March 2019, almost double t...Read More

PNB puts on block 6 NPAs worth Rs1K cr

PNB puts on block 6 NPAs worth Rs1K cr

State-owned Punjab National Bank (PNB) has put on sale six non-performing loans amounting to over Rs 1,000 crore, including two accounts ...Read More

PNB intentionally “destroyed” Gitanjali Gems in an attempt to divert attention, says Mehul Choksi’s lawyer

PNB intentionally “destroyed” Gitanjali Gems in an attempt to divert attention, says Mehul Choksi’s lawyer

New Delhi: Lawyer of now-defunct Gitanjali Gems’ owner Mehul Choksi on Thursday said that state-owned Punjab National Bank had intentiona...Read More

PNB fraud case: Mehul Choksi cries foul, claims real scam culprits free

PNB fraud case: Mehul Choksi cries foul, claims real scam culprits free

New Delhi: Key accused in the PNB fraud case, Mehul Choksi on Monday said that the actual culprits of the Rs 14,000 crore fraud are roami...Read More

PNB to release admit card for the exam to fill 325 vacancies today, check at pnbindia.in

PNB to release admit card for the exam to fill 325 vacancies today, check at pnbindia.in

The Punjab National Bank (PNB) to release the admit card for the exam to recruit 325 technical/Specialist officers in the bank today. The...Read More

6K PSB execs responsible for bad loans: Arun Jaitley

6K PSB execs responsible for bad loans: Arun Jaitley

NEW DELHI: The government on Friday said action has been taken against more than 6,000 officers of nationalised banks last fiscal in cas...Read More

Government to infuse Rs 42,000 crore in PSU banks this fiscal

Government to infuse Rs 42,000 crore in PSU banks this fiscal

New Delhi: The government will infuse Rs 42,000 crore in the state-owned banks by March-end and the next tranche would be released as ear...Read More

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