BCG-IBA Report: PNB Comes At Top In Implementing 'Reforms Agenda'
The BCG-IBA (Boston Consulting Group and Indian Banks Association) EASE Reforms for report Public Sector Banks measures reported that the scam-hit Punjab National Bank (Pnb)...
Tag : Punjab National Bank
PNB Says Jet Airways' Lenders Considering Interim Funding
Punjab National Bank Managing Director Sunil Mehta said that a consortium of banks, which is led by SBI, is considering an interim funding of Rs...
PNB Says Jet Airways’ Lenders Considering Interim Funding
Punjab National Bank Managing Director Sunil Mehta said that a consortium of banks, which is led by SBI, is considering an interim funding of Rs...
Union Government To Infuse More Than Rs. 48,200 Crores In 12 PSBs
The government, on Wednesday, has announced to infuse Rs. 48,239 crores into 12 public sector banks in 2018-19 in order to help them meet capital...
PNB Posts Profit In Q3 FY19 After 3 Straight Losses
The state-owned Punjab National Bank Ltd. after registering losses for three straight previous quarters reported a profit in the December ending quarter. Punjab National Bank...
Government Planning To Bring Down Stake In Public Sector Banks
According to the Government official, the Finance Ministry is trying to bring down the government’s equity in the Public Sector Banks (PSBs) to 52%, in...
PNB Housing Finance Raised Rs 1865 Crores Through ECBs
PNB Housing Finance, the home loan arm of Punjab National Bank, in the last week of December has raised US$ 265 million (approximate Rs. 1,865...
Interpol Issues Red Corner Notice Against Mehul Choksi
A Red Corner Notice by the Interpol has been issued against fugitive billionaire Mehul Choksi who is accused of duping Punjab National Bank and defrauding...
Punjab National Bank Set To Raise Rs. 539 Crores
Punjab National Bank (PNB) has announced yesterday that the bank is planning to raise Rs 539.50 crores by issuing 10 crore equity shares to its...
PNB Post Loss For Straight 3rd Quarter At Rs. 4532 Crores
Punjab National Bank registered a loss of Rs 4,532.4 crore for the July-September quarter of FY 19 as provisions expanded four-fold compared to the preceding...