PNB Q2 Net Profits Drops 18% to Rs 621 Crore
On Monday, State-owned Punjab National Bank (PNB) reported a 17.9 per cent year-on-year (YoY) drop in its net profit of Rs 621 crore, due to higher provisions.The...
Tag : United Bank of India
PNB Reported Net Profit of Rs 300 Crore in June Quarter
Punjab National Bank pleasantly surprised investors with a net profit of Rs 300 crore against the expectation of a net loss for the June quarter. But...
Govt Open to Further Consolidation of Banks: Anurag Thakur
The government is open to the further consolidation of banks depending on needs, Minister of State for Finance Anurag Singh Thakur has said. Last year,...
Not Closing 9 Banks, Says RBI After Social Media Rumours
Just a day after the Reserve Bank of India (RBI) imposed withdrawal restrictions on Punjab & Maharashtra Co-operative Bank (PMC) for six months, the social...
Government Infuses Rs 10,882 Crores In Four Public Sector Banks
The government, as part of their Rs 28,615 crores capital infusion plan for seven public sector banks, has pumped Rs 10,882 crores in four public...
United Bank of India has reduced the lending rate by up to 0.90%
United Bank of India has also announced the reduction in its benchmark lending rate by up to 0.90 percent, joining other such as ICICI Bank,...
United Bank of India aims to raise up to Rs 1500 crore
United Bank of India (UBI) is planning to Raise up to Rs 1,500 crore through qualified Institutional Placement, rights or public issue. The bank had...