Mumbai, Nov 8 Housing finance company PNB Housing Finance has raised Rs 2,500 crore through the issue of secured redeemable non-convertible debentures (NCDs) to state-run LIC. The issuance was done on a private placement basis with a “door to door
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 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
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
New Delhi, Aug 1 The government may be inclined for an out-of-court settlement in its dispute with banks over unpaid service tax dues to the tune of Rs 38,000 crore with officials indicating a more flexible stance to resolve the
New Delhi, July 27 Country’s second-largest lender, the Punjab National Bank, on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on a big drop in provisioning for NPAs, thereby returning to black once
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
New Delhi, May 29 After slipping into a Rs 4,750 crore loss in the fourth quarter ended March, state-run Punjab National Bank (PNB) hopes to once again become profitable in the current quarter, PNB Chairman Sunil Mehta said on Tuesday.
New Delhi, May 22 Punjab National Bank may be centre of the next round of PSU bank merger in September where the Delhi-based lender could take some smaller PSU banks under its ambit. The names of Syndicate Bank, Oriental Bank
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
New Delhi, 17 March 2019: Punjab National Bank was awarded for its endeavors towards Cybersecurity at DynamicCISO Excellence Awards. The Cybersecurity division of PNB is led by Mr. T.D. Virwani, CISO PNB (Chief Information Security Officer) and he was felicitated
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
Mumbai/Kolkata, Feb 28 Punjab National Bank (PNB) and Allahabad Bank will reduce benchmark marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) across various tenures from March 1. The reduction will make home, car and other
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
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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