Page 11 - Punjab National Bank

Preferential valuation

PNB Housing should have engaged an independent valuer

PNB scam: CBI files supplementary chargesheet against Gitanjali ex-official

Two officials of the Punjab National Bank (PNB) -- Sagar Sawant and Sanjay Prasad -- and a director of the Gili and the Nakshtra brands under the group, Dhanesh Seth, have also been named as accused

Long wait for the next flight to Dominica

Efforts by India to get back Mr Choksi will depend to a large extent on the response to the request for his repatriation from Dominica

Good show by banks but can they sustain it?

Till March, banks could hold on but not all of them will be in a position to stomach the impact of the second wave of the pandemic

PNB examining proxy advisor's concern on deal with Carlyle Group

The deal has split proxy advisory firms, which expressed divergent views on the proposed infusion in PNB Housing

Reserve Bank imposes penalty on Bank of India, PNB totalling Rs 6 crore

The RBI on Monday imposed penalty aggregating to Rs 6 crore on Bank of India and Punjab National Bank for contravention of norms

Expect Rs 6K-cr loans to be restructured: PNB MD & CEO Mallikarjuna Rao

Under restructuring 1.0, PNB received requests for restructuring Rs 11,000 crore in corporate, retail, and MSME loans.

The road ahead for State Bank of India

The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance

Punjab National Bank eyes three-fold rise in profit in fiscal 2022

Despite Covid-19, the bank's profit surged over five times during the financial year ended March 2021

PNB to transfer bad loans worth Rs 8,000 crore to NARCL

In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, its MD said

PNB posts Rs 586 crore profit in Q4; NII jumps over 48% to Rs 6,937 crore

Sequentially, the net profit has increased 16 per cent from Rs 506 core posted in the October-December quarter

PNB posts net profit of Rs 586 crore in Q4; NII rises 48%

The bank's gross non-performing assets (NPAs) increased to 14.12 per cent in the March quarter

Mehul Choksi's lifelong drive to do 'something big' ends in Caribbean trial

Bank fraud, Bollywood ambassadors and an offshore soap opera - the many acts of a fugitive diamantaire

Hand over Mehul Choksi, he is our citizen: India tells Dominica

Efforts have been scaled up to bring back fugitive businessman Mehul Choksi. Multiple agencies are in touch with the government of Dominica on the issue

Mehul Choksi's lawyers file habeas corpus petition in Dominica

Lawyers of fugitive diamantaire Mehul Choksi, who was detained in Dominica, have filed a habeas corpus petition in a court of the Carribean island country

Mehul Choksi, fugitive businessman wanted in India, captured in Dominica

Choksi had recently fled from Antigua and Barbuda; he was captured after an Interpol Yellow Notice.

Fugitive businessman Mehul Choksi goes missing, says Antiguan police

Fugitive diamantaire Mehul Choksi, wanted in a Rs 13,5000-crore loan fraud in Punjab National Bank, has gone missing in Antigua and Barbuda where he had been staying since January 2018

PNB scam: Special Court issues show cause notice to Nirav Modi

A similar notice was also issued to Nirav Modi's wife Ami, sister Purvi and brother-in-law Maiank Mehta

PNB to raise equity capital from share sale; sets floor price at Rs 35.51

Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance its capital base.

PNB incorporates PNB Cards & Services for credit card business

PNB Cards & Services has authorised capital of Rs 25 cr