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
Mumbai, Feb 5 (IANS) The Mumbai DRT has summoned absconding diamantaire Nirav D. Modi, the public sector Union Bank of India and others at 12 noon on March 12 in a case filed by the Punjab National Bank (PNB) pertaining to
Key highlights: PNB returns to profitability after 3 quarters Over INR 16,000 crore cumulative recovery in 9 months: 3 times of annual recovery last year Reduction in Gross NPA ratio to 16.33% in December ’18 from 18.38% in March ’18 NNPA
In line with govt. of India campaign on Swachh Bharat Abhiyan – Swachhata Pakhwada 2019 a cleanliness drive was led by Shri Sunil Mehta, MD & CEO, Punjab National Bank at PNB Dwarka Headquarters. On the occasion Shri Agyey Kumar
Chennai, Jan 19 The Central government has removed two Punjab National Bank (PNB) Executive Directors — Sanjiv Sharan and K.Veera Brahmaji Rao — for the lapses in the Rs 13,500 crore fraud allegedly perpetrated by absconding diamantaire Nirav Modi. The
Mumbai, Dec 10 The Debt Recovery Tribunal (DRT) on Monday served notice to absconder diamantaire Nirav Modi, his family members and his companies to recover over Rs 7,000 crore owed to the Punjab National Bank (PNB). The notice by the
New Delhi, Nov 2 (IANS) State-run Punjab National Bank (PNB) on Friday reported a loss of Rs 4,532.35 crore for the second quarter ending September caused by major increase in provisioning for bad debts and higher slippages. In a stock exchange
Punjab National Bank observed Rashtriya Ekta Diwas on October 31st,2018 to commemorate the birth anniversary of Sardar Vallabh Bhai Patel. A “Pledge” and “Run for Unity” was organized in spirit of the event at PNB headquarters in Dwarka and at
New Delhi, Sep 15 State-run Punjab National Bank (PNB) on Friday bagged the “Rajbhasha Kirti” award for outstanding performance in implementing the Official Language Policy during 2017-18, the bank said. The award, under the category of ‘Nationalised Banks and Financial
New Delhi, Sep 13 (IANS) State-run Punjab National Bank (PNB) has put 21 non-performing assets (NPAs), or bad loan accounts, on sale to recover over Rs 1,320 crore with the e-bidding auction process slated later this month. PNB said in a
The Managing Committee of the Indian Banks’ Association at its meeting held on 31st August, 2018 at Mumbai elected Shri Sunil Mehta, MD & CEO, Punjab National Bank as the Chairman, IBA for the term 2018-19. In a career spanning
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