State-run Punjab National Bank on Friday said the RBI has imposed a penalty of Rs 1 crore on it for contravention of the Payment and Sett...Read More
By FPJ Web Desk
On Monday, a UK Court rejected bail plea filed by fugitive businessman Nirav Modi.
The outlook on the ratings of the four banks is negative.
The Reserve Bank of India (RBI) had earlier this month allowed one-time restructuring of corporate and personal loans to help entities am...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
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
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) f...Read More
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
Even after Cabinet approval to the proposed mega merger plan, officials said, fixation of share swap ratio, shareholders consent and othe...Read More
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
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
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
By Staff Reporter
Members of society had allegedly duped money of plot seekers
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
More than 3000 employees of nationalised banks except SBI observe strike.
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
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
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
PNB has been inherently weak and the merger could further aggravate and prolong the pain