Punjab National Bank,

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

Nirav Modi to pay Rs 7300 crore with interest to PNB, says DRT Pune

Nirav Modi to pay Rs 7300 crore with interest to PNB, says DRT Pune

The order was passed by presiding officer/judge Deepak Thakkar in two cases registered by PNB in Mumbai. Thakkar holds additional charge ...Read More

Punjab National Bank admits loan defaults of Rs 25,000 crore

Punjab National Bank admits loan defaults of Rs 25,000 crore

The beleaguered public sector Punjab National Bank (PNB) has admitted to 1,142 big and small defaulters all over India who have defaulted...Read More

Bhopal: PNB employees, officers protest against ‘oppressive policies’ of bank’s top mgmt Plan for 2 day nationwide strike on June 24, 25

Bhopal: PNB employees, officers protest against ‘oppressive policies’ of bank’s top mgmt Plan for 2 day nationwide strike on June 24, 25

Bhopal: Employees and officers of the Punjab National Bank (PNB) held a demonstration at the regional office of the bank at Arera Hills h...Read More

Delhi High Court stays proceedings against Punjab National Bank ex-CEO, others

Delhi High Court stays proceedings against Punjab National Bank ex-CEO, others

New Delhi: The Delhi High Court has stayed the trial court proceedings against Punjab National Bank (PNB)’s 11 top officials, including t...Read More

Andhra Bank, Allahabad Bank, OBC likely to merge with PNB

Andhra Bank, Allahabad Bank, OBC likely to merge with PNB

Mumbai: In a move to further consolidate the public sector banks, Punjab National Bank (PNB) could take control of two or three small sta...Read More

PNB scam: Indian authorities ask Egypt to expedite the extradition of key accused Subhash Parab

PNB scam: Indian authorities ask Egypt to expedite the extradition of key accused Subhash Parab

Acting on the Punjab National Bank (PNB) fraud case, the Indian authorities will ask Egypt to expedite its request for the extradition of...Read More

Punjab National Bank calls off PNB Housing stake sale

Punjab National Bank calls off PNB Housing stake sale

Mumbai: Punjab National Bank has terminated an Rs 18.5 bn deal to sell stake in PNB Housing Finance Ltd to General Atlantic Group and Var...Read More

Tirumala Tirupati Devasthanam temple sits on over 9,000 kg gold reserves

Tirumala Tirupati Devasthanam temple sits on over 9,000 kg gold reserves

Hyderabad: The world’s richest Hindu temple at Tirupati in Andhra Pradesh is sitting on pure gold reserves of over 9,000 kg, officials sa...Read More

Bombay High Court asks Enforcement Directorate on accused's role in fugitive economic offender proceedings

Bombay High Court asks Enforcement Directorate on accused's role in fugitive economic offender proceedings

The Bombay High Court Tuesday sought to know from the Enforcement Directorate (ED) if an accused has the right to participate in proceed...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

Free Press Journal

www.freepressjournal.in