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Updated : 1 year, 9 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.
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.
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.
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.
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.
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.
Updated : 1 year, 10 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.
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.
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.
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
Updated : 1 year, 11 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.
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