India's toy industry is on a strong growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB).
Considering inflation trends in India, Atul Kumar Goel, Managing Director and Chief Executive Officer of PNB on Tuesday said he expects a 20 to 25 basis points interest rate cut by March 2025.
The Enforcement Directorate (ED) has attached proceeds of crime in the form of immovable properties and bank balances amounting to Rs 29.75 crore in the case of Rs 6,498.20 crore Punjab National Bank (PNB) fraud by fugitive Nirav Modi, the agency said on Wednesday.
The Karnataka government has temporarily paused the implementation of a circular that directed the withdrawal of deposits and restricted further deposits in all branches of Punjab National Bank (PNB) and State Bank of India (SBI), the state government said in a statement.
The Return on Assets (RoA) improved markedly to 0.82 per cent from 0.34 per cent, while the Return on Equity (RoE) saw a notable rise to 16.82 per cent from 7.50 per cent a year earlier.
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
The initiative aims to streamline trade transactions between India and Myanmar, enhancing efficiency by eliminating complexities associated with exchange rates through direct payment in local currencies.
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
The ratings agency affirmed various credit ratings for these institutions, signaling confidence in their financial stability despite ongoing economic challenges.
New Delhi [India], April 8: Physics Wallah (PW), India's leading ed-tech platform, is proud to announce the exceptional results of its students in the IBPS Result 2024 with over 1000 students qualifying for the exam, while Amit Kumar Mandal achieving the highest score in the IBPS PO. The IBP
New Delhi [India], December 28: The 7th PNB MetLife Junior Badminton Championship shattered records with over 8,200 young talent nationwide, earning global recognition and fostering a culture of resilience and determination in aspiring badminton stars.