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Public Sector Banks report healthy profits, accelerated technology
Updated : 3 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], August 25 (ANI): The Union Finance Ministry on Wednesday informed that public sector banks have reported healthy profits and have accelerated on technology-driven reforms.
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Equity raising critical for PNB Housing Finance amid rising delinq
Updated : 3 weeks, 6 days ago IST
Mumbai (Maharashtra) [India], August 20 (ANI): India Ratings and Research (Ind-Ra) has said equity infusion as planned is critical for PNB Housing Finance (PNBHF) to provide adequate buffers for growth and mitigate any possible asset-side stress.
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PNB Housing Finance PAT slips 5 pc to Rs 243 crore in Q1
Updated : 1 month, 1 week ago IST
New Delhi [India], Aug 4 (ANI): PNB Housing Finance Ltd said on Wednesday its profit after tax stood at Rs 243 crore in Q1 FY22 versus Rs 257 crore in Q1 FY21, registering a degrowth of 5 per cent.
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PNB to abide by Securities Appellate Tribunal's judgement on PNBHF
Updated : 1 month, 1 week ago IST
New Delhi [India], August 3 (ANI): Punjab National Bank (PNB) is waiting for the Securities Appellate Tribunal (SAT) order on PNB Housing Finance (PNBHF) stake sale and will abide by the judgement whatever it comes, said the bank Chief SS Mallikarjuna Rao on Tuesday.
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Bank Scam: HC asks adjudicating authority not to finalise proceedi
Updated : 1 month, 2 weeks ago IST
Raipur (Chhatisgarh) [India], July 31 (ANI): The High Court of Chhatisgarh has directed the Adjudicating Authority not to pass the final order in relation to the banking scam allegedly committed by Subhash Sharma of M/s Chhattisgarh Steel and Power Limited (CSPL) pertaining to Punjab Nationa
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All pending proceedings against Mehul Choksi will be kept in abeya
Updated : 2 months ago IST
New Delhi [India], July 13 (ANI): All pending proceedings related to illegal entry against Fugitive diamantaire Mehul Choksi to Dominica will be kept in abeyance till he gets a medical fitness certificate ( medically fit) to return from Antigua, said his lawyer Vijay Aggarwal on Tuesday addi
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UK High Court strikes down Nirav Modi's plea to appeal against ext
Updated : 2 months, 3 weeks ago IST
London [UK], June 23 (ANI): The UK High Court has rejected a plea by fugitive diamantaire Nirav Modi seeking permission against his extradition to India to face charges of defrauding Punjab National Bank (PNB) of more than Rs 13,000 crore.
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PNB fraud case: CBI files supplementary chargesheet against 22 acc
Updated : 3 months ago IST
New Delhi [India], June 16 (ANI): The Central Bureau of Investigation (CBI) on Wednesday filed a supplementary chargesheet against 22 accused in connection with the Punjab National Bank fraud case.
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Choksi is international fugitive who continues to evade Indian law
Updated : 3 months ago IST
New Delhi [India], June 12 (ANI): Central Bureau of Investigation, which is probing the PNB bank fraud case against fugitive businessman Mehul Choksi, filed an affidavit in Dominica High Court opposing his bail petition and said he "is and remains an international fugitive who continues t
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ED likely to name wife of Mehul Choksi in supplementary chargeshee
Updated : 3 months, 1 week ago IST
New Delhi [India], June 11 (ANI): Trouble for fugitive diamantaire Mehul Choksi's wife is mounting. Enforcement Directorate is likely to name his wife Priti Choksi alias Priti Pradyot Kumar Kothari in its supplementary chargesheet as the agency has found evidence of her alleged involvemen
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Will get our due share from sale of Vijay Mallya's assets: PNB chi
Updated : 3 months, 1 week ago IST
New Delhi [India], June 5 (ANI): Punjab National Bank (PNB) will get its due share after fugitive businessman Vijay Mallya's assets are sold to recover Rs 5,646 crore of the loan amount due to a consortium of banks, its Managing Director SS Mallikarjuna Rao said on Saturday.
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Equity indices gain marginally, PNB Housing up 20 pc
Updated : 3 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Key equity indices gained marginally during early hours on Tuesday with buying interest in auto and financial stocks.
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