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Tag "Punjab national bank"

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

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Service tax: Govt mulls out-of-court deal to resolve issue with banks

Service tax: Govt mulls out-of-court deal to resolve issue with banks

🕔20:48, 1.Aug 2019

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

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PNB returns to black with a bang, Q1 net at Rs 1,019 cr

PNB returns to black with a bang, Q1 net at Rs 1,019 cr

🕔07:45, 27.Jul 2019

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

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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

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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

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PNB’s Q4 losses due to provisioning: Chairman

PNB’s Q4 losses due to provisioning: Chairman

🕔08:28, 29.May 2019

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.

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PNB may lead next round of PSU bank merger in Sept

PNB may lead next round of PSU bank merger in Sept

🕔11:40, 22.May 2019

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

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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

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Punjab Nation Bank awarded for Cybersecurity at Dynamic CISO Excellence Awards

Punjab Nation Bank awarded for Cybersecurity at Dynamic CISO Excellence Awards

🕔07:57, 17.Mar 2019

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

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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

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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.

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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

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PNB, Allahabad Bank to cut MCLR, retail loans to be cheaper

PNB, Allahabad Bank to cut MCLR, retail loans to be cheaper

🕔10:05, 28.Feb 2019

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

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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

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PNB to e-auction 4,000 properties to recover loans

PNB to e-auction 4,000 properties to recover loans

🕔12:29, 14.Feb 2019

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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PNB scam : DRT summons to Nirav Modi; Union Bank also a party

PNB scam : DRT summons to Nirav Modi; Union Bank also a party

🕔19:31, 5.Feb 2019

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

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PNB back in black after 3 quarters; Q3 net profit at Rs 247 cr

PNB back in black after 3 quarters; Q3 net profit at Rs 247 cr

🕔19:22, 5.Feb 2019

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

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PNB organizes Cleanliness Drive at Dwarka Headquarters

PNB organizes Cleanliness Drive at Dwarka Headquarters

🕔13:46, 30.Jan 2019

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

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Centre dismisses two PNB Executive Directors

Centre dismisses two PNB Executive Directors

🕔12:48, 19.Jan 2019

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

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DRT serves notice to Nirav Modi, family to recover PNB’s 7,000 cr

DRT serves notice to Nirav Modi, family to recover PNB’s 7,000 cr

🕔12:26, 10.Dec 2018

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

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