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Nirav Modi's judicial custody extended till Oct 17 by London court
Updated : 6 years, 6 months ago IST
London (United Kingdom), Sept 19 (ANI): A London court on Thursday extended the judicial custody of fugitive diamantaire Nirav Modi till October 17 in connection with Rs 13,500-crore Punjab National Bank (PNB) fraud and money laundering case.
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Interpol issues Red Corner Notice against Nirav Modi's brother
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 13 (ANI): The Interpol on Friday issued a Red Corner Notice (RCN) against fugitive diamantaire Nirav Modi's brother Nehal Deepak Modi in connection with a money laundering case.
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Moody's takes rating action on five Indian public sector banks following m
Updated : 6 years, 6 months ago IST
Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
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Punjab: 5 armed robbers loot Rs 8 lakh from PNB branch in Kapurthala
Updated : 6 years, 6 months ago IST
Kapurthala (Punjab) [India], Sept 4 (ANI): Five unidentified robbers looted close to Rs 8 lakh from a branch of Punjab National Bank (PNB) situated on the Hoshiarpur road in Phagwara here, said Senior Superintendent of Police (SSP) Kapurthala, Satinder Singh.
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PSU Bank index falls 3.7 pc after merger plan, PNB and Canara Bank stocks
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Shares of public sector banks (PSBs) traded under pressure on Tuesday after the government last week unveiled a mega-plan to merge 10 of them for creating four stronger lenders with countrywide networks and global reach.
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PNB's board to meet soon on merger with Oriental Bank, United Bank
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank of India.
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PNB, Oriental Bank and United Bank to be merged: Sitharaman
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The government on Friday announced the merger of Punjab National Bank, Oriental Bank of Commerce and United Bank of India to create the second-largest banking network in the country with 11,431 branches.
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Nirav Modi's judicial custody extended till Sept 19 by London court
Updated : 6 years, 7 months ago IST
London (UK), Aug 22 (ANI): A London Westminster Magistrates' Court on Thursday extended the judicial custody of fugitive diamantaire Nirav Modi till September 19 in connection with Rs 13,500-crore Punjab National Bank (PNB) fraud and money laundering case.
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PNB Housing Finance raises fresh $75 million ECB from Sumitomo Mitsui Bank
Updated : 6 years, 7 months ago IST
New Delhi [India] Aug 6 (ANI): PNB Housing Finance Limited said on Tuesday it has raised fresh 75 million dollars (about Rs 522 crore) of external commercial borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) in Singapore.
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PNB Housing Finance raises $100 million from IFC to finance purchase of af
Updated : 6 years, 7 months ago IST
New Delhi [India], July 29 (ANI): PNB Housing Finance Limited said on Monday it has raised 100 million dollars (about Rs 690 crore) from International Finance Corporation, a member of the World Bank Group, for on-lending to buyers in affordable housing projects.
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PNB reports surprise profit of Rs 1,019 crore for June quarter
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): Punjab National Bank (PNB) on Friday reported a net profit of Rs 1,018.6 crore for the quarter ended June 2019 (Q1 FY20) despite a marginal rise in non-performing assets (NPAs) against a net loss of Rs 940 crore in a year-ago period.
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ACB finds violation of norms in IFFCO TOKIO's insurance deal with J-K Bank
Updated : 6 years, 8 months ago IST
Srinagar (Jammu and Kashmir) [India], July 23 (ANI): An insurance deal in violation of norms has been apparently made by the Jammu & Kashmir Bank with IFFCO TOKIO, in which a close relative of former chairman of the bank, Parvez Ahmed Nengroo, is employed, resulting in undue benefits to the
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