Search For "punjab national bank"
PNB reports net loss of Rs 4,750 cr in Q4 due to higher provisioning for b
Updated : 6 years, 10 months ago IST
New Delhi [India], May 28 (ANI): Government-owned Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 4,750 crore in the fourth quarter of 2018-19, largely due to higher provisioning for bad loans.
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PNB destroyed Gitanjali Gems, says Mehul Choksi's lawyer
Updated : 6 years, 10 months ago IST
New Delhi [India] May 2, (ANI): Lawyer of now-defunct Gitanjali Gems' owner Mehul Choksi on Thursday said that state-owned Punjab National Bank had intentionally "destroyed" the brand in an attempt to divert attention from their own mistakes.
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CARE puts PNBHFL rating on watch due to rising share of corporate loans
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 30 (ANI): CARE Ratings has placed PNB Housing Finance Ltd (PNBHFL) rating on watch with developing implications due to its requirement for raising money to maintain comfortable capital adequacy and gearing level.
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London court rejects bail plea of Nirav Modi
Updated : 6 years, 11 months ago IST
London [UK], Apr 26 (ANI): A London court on Friday rejected the bail plea of fugitive diamantaire Nirav Modi, who was arrested by Scotland Yard on March 19 in connection with the Rs 13,000-crore Punjab National Bank loan default case.
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PNB divests partial stake in PNB Housing Finance for Rs 1,851 crore
Updated : 6 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 29 (ANI): Government-owned Punjab National Bank (PNB) said on Friday it is offloading some of its stake in its subsidiary PNB Housing Finance to General Atlantic Group and Varde Partners for Rs 1,851.6 crore.
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Mehul Choksi accuses PNB of 'maliciously' creating case against him
Updated : 6 years, 12 months ago IST
New Delhi [India], Mar 27 (ANI): Fugitive businessman Mehul Choksi on Wednesday accused the authorities of public sector lender Punjab National Bank (PNB) of creating a "malicious" case against him and his company Gitanjali Diamonds.
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RBI fines PNB for deficiencies in regulatory compliance
Updated : 6 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 26 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 2 crore on public sector Punjab National Bank (PNB) for non-compliance of regulatory directions with regard to SWIFT operations.
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PNB is focussing on monitoring, recoveries for turnaround: MD
Updated : 7 years, 1 month ago IST
New Delhi, Feb 5 (ANI): Punjab National Bank has done full provisioning after being hit by a Rs 14,356 crore fraud at its Brady House Mumbai branch involving certain accounts in the gems and jewellery sector.
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PNB posts Rs 246 crore profit in Q3 FY19
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 5 (ANI): Less than a year after being hit by a Rs 14,356 crore Nirav Modi scam, the Punjab National Bank (PNB) on Tuesday announced a net profit of Rs 246 crore for three months ending December 2018 as compared to Rs 230 crore in the same period of the previous year
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PNB manager arrested for accepting bribe in lieu of Mudra loan
Updated : 7 years, 1 month ago IST
Dehradun (Uttarakhand) [India], Feb 2 (ANI): The Central Bureau of Investigation (CBI) has arrested a manager of Punjab National Bank (PNB) after he was caught red-handed by the CBI sleuths accepting a bribe of Rs 40,000 here on Saturday.
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Nirav Modi terms PNB scam 'civil transaction'
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 5 (ANI): Nirav Modi, a prime accused in the multi-crore PNB fraud case on Saturday said that he has done nothing wrong and that the scam was a "civil transaction" which is now being blown out of proportion.
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ED attaches Rs 13.14 crore Thailand factory of Mehul Choksi
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 4, (ANI): The Enforcement Directorate on Friday provisionally attached factory premises worth Rs. 13.14 crore in Thailand in the Punjab National Bank (PNB) fraud case.
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