Punjab National Bank,

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

Nirav Modi remanded till July 9 by UK court in PNB fraud and money laundering case

Nirav Modi remanded till July 9 by UK court in PNB fraud and money laundering case

Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) f...Read More

PNB scam: Court allows confiscation of Nirav Modi's assets

PNB scam: Court allows confiscation of Nirav Modi's assets

Mumbai: A special court here on Monday allowed confiscation of assets owned by diamantaire Nirav Modi, a key accused in the multi-crore P...Read More

Mega bank merger: Meeting deadline of April 1 challenging

Mega bank merger: Meeting deadline of April 1 challenging

Even after Cabinet approval to the proposed mega merger plan, officials said, fixation of share swap ratio, shareholders consent and othe...Read More

PNB posts Rs 492 cr net loss in Q3 due to high provisions

PNB posts Rs 492 cr net loss in Q3 due to high provisions

The state-owned lender had posted a net profit of Rs 246.51 crore for the same period a year ago. In September quarter 2019-20, the bank ...Read More

RBI finds Punjab National Bank under-reported bad loans by Rs 2,617 crore in FY19

RBI finds Punjab National Bank under-reported bad loans by Rs 2,617 crore in FY19

In a regulatory filing on Saturday, PNB said the divergence in gross non-performing assets (NPAs) assessed by the central bank stood at R...Read More

Nehru Hockey Tournament: Fight breaks out between Punjab Police and PNB during finals

Nehru Hockey Tournament: Fight breaks out between Punjab Police and PNB during finals

New Delhi: In a big embarrassment for Indian hockey, players of Punjab Police and Punjab National Bank on Monday got involved in an ugly ...Read More

Bhopal: EOW registers FIR against office bearers of St Jude Housing Society

Bhopal: EOW registers FIR against office bearers of St Jude Housing Society

Members of society had allegedly duped money of plot seekers

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

Indore: Transactions worth Rs 1.40 lakh cr  hit due to bankers’ strike

Indore: Transactions worth Rs 1.40 lakh cr hit due to bankers’ strike

More than 3000 employees of nationalised banks except SBI observe strike.

34 functional teams to smoothen merger of UBI, PNB, OBC

34 functional teams to smoothen merger of UBI, PNB, OBC

Kolkata: A total of 34 functional teams have been formed to smoothen the process of merger of United Bank of India (UBI), Punjab National...Read More

PNB puts up 11 NPA accounts for sale to recover dues of Rs 1,234 cr

PNB puts up 11 NPA accounts for sale to recover dues of Rs 1,234 cr

New Delhi: State-owned Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more ...Read More

PNB board approves amalgamation with OBC, United Bank

PNB board approves amalgamation with OBC, United Bank

New Delhi: The board of Punjab National Bank (PNB) has given in-principle approval for amalgamation of Oriental Bank of Commerce and Unit...Read More

PSB stocks plunge up to 9.3 percent post-merger announcement

PSB stocks plunge up to 9.3 percent post-merger announcement

PNB has been inherently weak and the merger could further aggravate and prolong the pain

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

Bank employees stage protest against Centre's decision to   merge PSU banks

Bank employees stage protest against Centre's decision to merge PSU banks

Finance Minister Nirmala Sitharaman Friday said 10 public sector banks -- Punjab National Bank, Canara bank, Union Bank of India, Indian ...Read More

PNB, Oriental Bank and United Bank to be merged, forms second-largest PSB

PNB, Oriental Bank and United Bank to be merged, forms second-largest PSB

Sitharaman said the creation of next-generation banks was imperative for India to become a US dollar 5 trillion economy in the next five ...Read More

Nirav Modi's remand extended till September 19

Nirav Modi's remand extended till September 19

Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and mo...Read More

Punjab National Bank reports surprise profit of Rs 1,019 crore for June quarter

Punjab National Bank reports surprise profit of Rs 1,019 crore for June quarter

State-owned Punjab National Bank (PNB) staged a comeback by registering a net profit of Rs 1,019 crore for the first quarter of the curre...Read More

Despite frauds, Sajjan Jindal says no plan to exit Bhushan Power bid

Despite frauds, Sajjan Jindal says no plan to exit Bhushan Power bid

JSW Steel chairman Sajjan Jindal Thursday said the company will not withdraw from or reduce the bid amount for Bhushan Power & Steel (BPS...Read More

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