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
By FPJ Web Desk
On Monday (May 10), the Reserve Bank came out with modified guidelines that allow sound private sector banks to undertake government busi...Read More
Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance...Read More
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
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
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
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
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
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
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
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
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
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
By FPJ Bureau
The state-owned lender had posted a net profit of Rs 246.51 crore for the same period a year ago.
By Bhavna Uchil
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
According to Belgian auditor BDO, commissioned by PNB in February 2018, days after it complained to the CBI
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
By Staff Reporter
In Bhopal, PNB ED will preside over one time settlement camp. He will also address customers’ get together.
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
The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.