Back to homepage

Tag "pnb"

SBI, PNB, IDBI set for recovery from bankrupt Essar Steel

SBI, PNB, IDBI set for recovery from bankrupt Essar Steel

🕔14:10, 15.Nov 2019

New Delhi, Nov 15  The big win for lenders of bankrupt Essar Steel following the Supreme Court order on Friday has opened the doors for state-run banks like SBI, PNB, and IDBI Bank as well private banks like ICICI Bank

Read Full Article
S. S. Mallikarjuna Rao appointed new CMD of Punjab National Bank

S. S. Mallikarjuna Rao appointed new CMD of Punjab National Bank

🕔07:14, 4.Oct 2019

Shri CH. S. S. Mallikarjuna Rao assumed the charge of Managing Director and CEO of Punjab National Bank on 1/10/2019.Prior to this appointment Shri Rao has been serving  as Managing Director and CEO of Allahabad Bank since 19/09/2018. Before this

Read Full Article
OBSERVANCE OF VIGILANCE AWARENESS MISSION (VAM) 2019

OBSERVANCE OF VIGILANCE AWARENESS MISSION (VAM) 2019

🕔05:25, 26.Sep 2019

In order to promote Vigilance Awareness and strengthening the preventive vigilance mechanism, a function was held at PNB Corporate Office, Dwarka, New Delhi. The ceremony was chaired by the Hon’ble Central Vigilance Commissioner, Shri Sharad Kumar alongwith Shri P Daniel,

Read Full Article
No concern to asset quality post UBI, OBC merger : PNB CEO

No concern to asset quality post UBI, OBC merger : PNB CEO

🕔20:20, 22.Sep 2019

New Delhi, Sep 22 (The Punjab National Bank (PNB), which is the anchor bank for a scheduled merger with the United Bank of India (UBI) and the Oriental Bank of Commerce (OBC), has said that it does not see any

Read Full Article
PNB board approves OBC, UBI merger with itself

PNB board approves OBC, UBI merger with itself

🕔18:44, 5.Sep 2019

Mumbai, Sep 5  The board of Punjab National Bank (PNB) on Thursday gave an “in-principle approval” to merger with itself of Oriental Bank of Commerce (OBC) and United Bank of India (UBI). The board also approved the Rs 18,000 crore

Read Full Article
PNB to consider infusion of Rs 18,000 cr at board meet

PNB to consider infusion of Rs 18,000 cr at board meet

🕔06:59, 3.Sep 2019

Mumbai, Sep 3  The Punjab National Bank (PNB) on Monday said that its board would consider capital infusion of up to Rs 18,000 crore on its board meeting on September 5. The bank, in a regulatory filing earlier, had said

Read Full Article
Government to infuse Rs 55,250 crore in PSBs

Government to infuse Rs 55,250 crore in PSBs

🕔12:42, 31.Aug 2019

New Delhi, Aug 31  The government on Friday announced Rs 55,250 crore upfront capital infusion in PSU banks for credit growth and regulatory compliance to support the merging lenders. The declaration came after the government announced the mega-merger of 10

Read Full Article
PNB recovers Rs 278 cr from poor account holders as penalty

PNB recovers Rs 278 cr from poor account holders as penalty

🕔07:54, 8.Aug 2019

Bhopal, Aug 8  The Punjab National Bank (PNB) has recovered Rs 278.66 crore as penalty in the financial year 2018-19 from the poor account holders for not maintaining the minimum balance. This was revealed after an RTI activist in Madhya

Read Full Article
PNB tanks by 10% after another fraud case

PNB tanks by 10% after another fraud case

🕔12:42, 8.Jul 2019

Mumbai, July 8  Two days after the Punjab National Bank (PNB) said that it had been defrauded by Bhushan Power & Steel Ltd. (BPSL) to the tune of Rs 3,805.15 crore, its scrip fell by over 10 per cent on

Read Full Article
PNB reports Rs 3,805 cr fraud by Bhushan Power & Steel

PNB reports Rs 3,805 cr fraud by Bhushan Power & Steel

🕔17:12, 7.Jul 2019

New Delhi, July 7  Another fraud, this time amounting to Rs 3,805.15 crore has been reported at the state-run Punjab National Bank (PNB), this time by the now-insolvent Bhushan Power and Steel Ltd (BPSL). In February 2018, the Rs 13,500-crore

Read Full Article
PNB to remain PNB Housing Finance’s sole promoter

PNB to remain PNB Housing Finance’s sole promoter

🕔06:32, 17.May 2019

Mumbai, May 17  Lending major Punjab National Bank (PNB) will remain as the sole promoter of PNB Housing Finance (PNBHF), after stake sale agreements with Varde Holdings and General Atlantic Group were terminated. Earlier PNB had entered into an agreement

Read Full Article
PNB on BFSI Rajbhasha review meeting with DFS at PNB Premise

PNB on BFSI Rajbhasha review meeting with DFS at PNB Premise

🕔20:13, 25.Apr 2019

वित्‍तीय सेवाएं विभाग, वित्‍त मंत्रालय, भारत सरकार के तत्‍वावधान व दिल्‍ली बैंक नगर राजभाषा कार्यान्‍वयन समिति के संयोजन में देशभर में स्थित सार्वजनिक क्षेत्र के सभी बैंकों, बीमा कंपनियों एवं वित्‍तीय संस्‍थाओं की राजभाषा कार्यान्‍वयन की समीक्षा हेतु दिनांक 24

Read Full Article
PNB organizes workshop on Insolvency Resolution Framework in India

PNB organizes workshop on Insolvency Resolution Framework in India

🕔19:52, 9.Apr 2019

Punjab National Bank (PNB), the country’s leading Public Sector Bank, organized a workshop on Insolvency Resolution Framework in India at its Multipurpose Hall at Corporate Office, Dwarka, Sector -10,  New Delhi . The workshop was graced by Shri Injeti Srinivas

Read Full Article
PNB to sell stake in housing finance arm

PNB to sell stake in housing finance arm

🕔14:28, 29.Mar 2019

New Delhi, March 29 State-run Punjab National Bank (PNB) on Friday said it will sell part of its stake in PNB Housing Finance (PNBHFL) to global equity firms General Atlantic Group and Varde Partners for a total of Rs 1,851.60 crore.

Read Full Article
PNB celebrates International Women’s Day

PNB celebrates International Women’s Day

🕔20:26, 8.Mar 2019

March 8, 2019, New Delhi:Punjab National Bank, India’s largest Public Sector Bank, celebrated the International Women’s Day. Senior representatives of PNB Prerna, an association of wives of the Senior Officials and senior lady Officials of the Bank, felicitated women achievers

Read Full Article
MoA between PNB & NHFDC

MoA between PNB & NHFDC

🕔15:29, 7.Mar 2019

Punjab National Bank, Country’s one of the largest public sector lender and National Handicapped Finance and Development Corporation (NHFDC) have tied up to provide financial assistance for economic development of Persons with Disabilities (PwDs) for their economic benefits and employment.

Read Full Article
PNB tops among PSBs in implementing banking reforms: Report

PNB tops among PSBs in implementing banking reforms: Report

🕔07:07, 1.Mar 2019

New Delhi, March 01  Punjab National Bank (PNB), the victim of India’s biggest banking scandal last year, has been ranked first among the public sector banks (PSBs) in implementing banking reforms, according to a report released on Thursday. The trend

Read Full Article
Finance Minister unveils EASE Index Report

Finance Minister unveils EASE Index Report

🕔18:14, 28.Feb 2019

28th February 2019 – New Delhi: The Indian Banks’ Association (IBA) today organized an Awards program on ‘Reforms Journey for EASE in Public Sector Banks (PSBs). Hon’ble Finance Minister, Shri Arun Jaitley, unveiled the first-ever Enhanced Access and Service Excellence (EASE) Index

Read Full Article
PNB MD & CEO bags award for entrepreneurship at 20th National Management Summit

PNB MD & CEO bags award for entrepreneurship at 20th National Management Summit

🕔19:36, 22.Feb 2019

Punjab National Bank MD and CEO Shri Sunil Mehta has been awarded “TOP RANKERS EXCELLENCE AWARD FOR ENTREPRENEURIAL PATH-BREAKER” at 20th National Management Summit organized by Top Rankers Management Consultants. The award was given by Shri VSK Sood, President Top

Read Full Article
CSR ACTIVITY BY PNB PRERNA

CSR ACTIVITY BY PNB PRERNA

🕔18:27, 20.Feb 2019

A CSR activity was organised at Shaheed Amir Chand Sarvodaya Vidyalaya , Ludlow Castle No 2 Civil Lines New Delhi  on 20th February 2019 wherein needy students of School were provided 1 water cooler and one  water purifier at a

Read Full Article