PNB

PNB, DLF, Tata Steel, Indus Towers, Vedanta were among the top bought large cap stocks by MFs in April

PNB, DLF, Tata Steel, Indus Towers, Vedanta were among the top bought large cap stocks by MFs in April

As equity-linked mutual fund schemes witnessed a decline in net inflows in April, Punjab National Bank (PNB), DLF and Tata Steel were amo...Read More

Stocks to watch today: InterGlobe Aviation, Tata Steel, BPCL, SBI General Insurance, IOB, GE T&D India, PNB among others

Stocks to watch today: InterGlobe Aviation, Tata Steel, BPCL, SBI General Insurance, IOB, GE T&D India, PNB among others

On Monday (May 10), the Reserve Bank came out with modified guidelines that allow sound private sector banks to undertake government busi...Read More

PNB to raise capital from share sale; sets floor price at Rs 35.51 per equity

PNB to raise capital from share sale; sets floor price at Rs 35.51 per equity

Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance...Read More

Doorstep Banking available for customers of SBI, BoB, PNB, BOI, BoM, CBI and other public sector banks: How to access it

Doorstep Banking available for customers of SBI, BoB, PNB, BOI, BoM, CBI and other public sector banks: How to access it

Senior citizens of more than 70 years of age and differently-abled persons, including the visually impaired, do not have to worry about g...Read More

After PNB, now SBI launches video KYC for saving accounts

After PNB, now SBI launches video KYC for saving accounts

On April 20, state-run Punjab National Bank (PNB) announced its video KYC facility for opening saving accounts. Now, yet another public s...Read More

Bank privatisation drive: What is the progress so far?

Bank privatisation drive: What is the progress so far?

The growing number of COVID-19 cases has put a hold or say slowed down the government’s privatisation drive. Along with Public Sector Ban...Read More

Bank Privatisation: PNB, Union Bank, Canara Bank, Indian Bank, Bank of Baroda, SBI will not be privatised

Bank Privatisation: PNB, Union Bank, Canara Bank, Indian Bank, Bank of Baroda, SBI will not be privatised

Public sector banks (PSBs) namely Punjab National Bank (PNB), Union Bank, Canara Bank, Indian Bank, Bank of Baroda and State Bank of Indi...Read More

Nirav Modi’s extradition case: Here's the timeline of events in the PNB scam

Nirav Modi’s extradition case: Here's the timeline of events in the PNB scam

Diamond merchant Nirav Modi, who is contesting his extradition to India, is behind bars in London on charges of fraud and money launderin...Read More

PNB QIP issue falls short of target by 46%

PNB QIP issue falls short of target by 46%

State-owned Punjab National Bank (PNB) has raised a little over 54 per cent of the targeted fund mop-up through QIP, which closed on Fri...Read More

SBI, PNB, BoB may go for share sale this fiscal

SBI, PNB, BoB may go for share sale this fiscal

Qualified Institutional Placement (QIP) would be the most preferred way and public sector banks are likely to take a call on taking this ...Read More

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.

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