Punjab National Bank
PNB Board To Consider Raising Capital On July 9
Finance - Published date: .
State-owned Punjab National Bank (PNB) on Monday said its board will consider a proposal to raise capital through a mix ... Read more
PNB, UBI, OBC Merger: Expert May Be Roped In To Decide Logo Of New Entity
Finance - Published date: .
The proposed merger will lead to the creation of the country's second-largest lender after State Bank of India. Read more
In Its New Avatar, PNB To Focus On Digital Transformation
Finance - Published date: .
Fully geared for amalgamation with Oriental Bank and United Bank, says MD & CEO Mallikarjuna Rao Read more
Ind-Ra Downgrades Punjab National Banks ₹ 6,750 Cr AT1 Bonds
Finance - Published date: .
The rating of the AT1 bond signifies the weakness in the standalone operations of the bank Read more
Feeble Inflow From NCLT Cases Pushes PNB Into The Red In Q4
Finance - Published date: .
Public sector bank posts ₹4,750-crore loss; fundamentals still strong, asserts bank’s CEO Read more
PNB Back In Red, Reports Q4 Net Loss Of Rs 4,750 Cr
Finance - Published date: .
After staging a turnaround in third quarter, Punjab National Bank (PNB) on Tuesday returned to red with net loss of Rs... Read more
Bad Loans Moderate At PNB, But Profitability Weak
Finance - Published date: .
A notable decline in risk-weighted assets, and the Government’s capital infusion, have helped shore up capital ratios Read more
PNB: Agyey Kumar Joins As Executive Director
Finance - Published date: .
Punjab National Bank has a new Executive Director in Agyey Kumar Azad. He was previously General Manager at Bank of Indi... Read more
Nirav Modi Scam: PNB Yet To Decide On How To Account For Losses
Finance - Published date: .
Much depends on RBI’s stance on the provisioning request Read more
Frauds Cost ₹18,170 Cr To Banking Sector In FY17: Report
Finance - Published date: .
“Weak controls and lack of adequate due diligence” cost the sector dearly. Read more
PNB Issued Over 41K LoUs Since 2011: FinMin
Finance - Published date: .
Scam-hit Punjab National Bank (PNB) had issued as many as 41,178 Letters of Undertaking (LoUs) since 2011, of which 1,5... Read more
There Cant Be Parallel Inquiry By Courts, Centre Tells Supreme Court In PNB Fraud Case
Finance - Published date: .
The Centre today told the Supreme Court that there cannot be a “parallel inquiry” and “parallel monitoring” by... Read more
PNB Fraud: ED Freezes Deposits, Shares Worth Rs 44 Cr Of Nirav Modi Group
Finance - Published date: .
The ED today said it has frozen bank deposits and shares worth about Rs 44 crore of the Nirav Modi group, and seized a... Read more
PNB Asks Nirav Modi To Come Up With Implementable Plans To Repay Dues
Finance - Published date: .
Punjab National Bank said this in its response to a mail written by Nirav Modi, who allegedly cheated the bank of Rs 11,... Read more
Enough Assets To Meet Any Liability, Says PNB
Finance - Published date: .
State-owned PNB today said it has followed lawful avenues to recover its dues following the Rs 11,400-crore swindling ... Read more
Nirav Modi Case: SBI Discloses $212-mn Exposure Through PNB
Finance - Published date: .
The country’s largest lender SBI today said it has an exposure of $212 million (about Rs 1,360 crore) in respect of ... Read more
PNB Fraud Case: ED Issues Summons To Nirav Modi, Choksi Under PMLA
Finance - Published date: .
Both have been asked to depose within a week’s time Read more
Indias PNB Identifies $1.7bn Worth Fraudulent Transactions
Finance - Published date: .
India-based Punjab National Bank (PNB) said it has identified deceitful transactions valued around $1.7bn at a single Mu... Read more