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
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,
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
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
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
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
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
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
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
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
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
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
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.
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
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.
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
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
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
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
New Delhi, Feb 14 Lending major Punjab National Bank (PNB) on Wednesday said that it has decided to place more than 4,000 properties all over India on e-auction as part of its loan recovery effort. According to the bank, the
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