Search For "punjab national bank"
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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Congress terms latest GDP figures as dismal, disappointing
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Congress on Friday said that the latest GDP figures which show growth rate at 5 per cent were "dismal and disappointing" and accused the government of indulging in "headline management" instead of addressing the structural issues ailing the economy.
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Government unveils merger of 10 PSU banks to become four major entities
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f
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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 reports surprise profit of Rs 1,019 crore for June quarter
Updated : 6 years, 8 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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Allahabad Bank stock drops 10 pc after reports of Rs 1,775 crore fraud by
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
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PNB scam: ED attaches properties worth over Rs 24 cr of Mehul Choksi
Updated : 6 years, 8 months ago IST
New Delhi [India], July 11 (ANI): The Enforcement Directorate (ED) on Thursday attached properties worth Rs 24.77 crore of fugitive diamantaire Mehul Choksi in connection with the PNB scam case.
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No means to verify Nirav Modi's travel plans: Centre
Updated : 6 years, 8 months ago IST
New Delhi [India], July 11 (ANI): The Centre on Wednesday said that passport of fugitive diamantaire Nirav Modi, the main accused in the USD two billion Punjab National Bank (PNB) fraud and money laundering case, was revoked in February last year as per provisions and the Ministry of Externa
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