Punjab National Bank International Limited (PNBIL) has logged a big win in a UK High Court in its pursuit of around USD 22 million in unpaid loans, setting a precedent for other enforcement cases brought by Indian banks against promoters or guarantors in English courts.
A 30-year-old man was arrested for allegedly attempting to break open an ATM of a bank in Nagpur city, police said on Sunday. The incident took place on Thursday night, they said.
PNB Housing Finance hopes to disburse around Rs 13,000 crore loan in current fiscal, and expects demand to pick up around October-November with the onset of festive season.
Union Heath Minister Dr. Harsh Vardhan on July 20 launched Punjab National Bank's national wide CSR (Corporate Social Responsibility) campaign against COVID19 pandemic.
Banking Services Rules Changes: In order to give people some relief due to COVID-19 pandemic, the government had relaxed some rules of financial services like transaction charges after exhausting free cash withdrawal limit on ATM, minimum account balance.
Punjab National Bank has sanctioned loans close to 3 lakh accounts under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for MSME sector, impacted badly due to economic slowdown triggered by COVID-19 outbreak.
The country’s second largest lender Punjab National Bank is planning to hit capital markets in the fourth quarter this fiscal to raise funds to help meet growth needs and regulatory requirements.
The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards.While Rs 115.21 crore was garnered by way of levying a fee on ATM transactions, the bank said.
At a time when the financial sector is passing through a rough patch and looking at ways to conserve capital, country's second largest lender Punjab National Bank (PNB) has bought three Audi cars to ferry its top management.
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, is set to be produced before a UK court for his trial on Monday, to take place in a part-remote setting due to the coronavirus lockdown.
PNB Housing Finance on Wednesday said it has signed a pact with IIT-Delhi for developing sustainable and reusable personal protective equipment (PPE) kits for healthcare workers.
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Tuesday remanded in custody until 11 May, when his five-day trial will take place in a part-remote setting.
State-owned Punjab National Bank (PNB) will retain stake in two life insurance ventures as the lender has got permission from Insurance Regulatory and Development Authority of India (IRDAI).
State-owned banks Punjab National Bank (PNB) and Indian Overseas Bank on Tuesday announced reduction in their lending rates linked to the repo rate by 75 basis points, effective April 1. This follows last week's decision by the RBI to cut the repo rate by 75 bps.
Ahead of a grand merger with two banks namely United Bank of India (UBI) and Oriental Bank of Commerce (OBC) on April 1, the Punjab National Bank (PNB) has unveiled its new logo.
Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, has been remanded in custody by a UK court until April 15.
The Central Bureau of Investigation (CBI) on Saturday brought an accused in a bank fraud case from Muscat, Oman. The accused, identified as Sunny Kalra has been brought along with his wife.
Fugitive diamond merchant and prime accused in PNB Scam Nirav Modi has got another jolt as his bail plea was rejected by UK court for the fifth time. He is fighting his extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
Punjab National Bank (PNB) on Tuesday said there is no proposal to change the name of the bank following the merger of two other public sector lenders Oriental Bank of Commerce (OBC) and United Bank of India (UBI) with itself.
Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492.28 crore for December quarter 2019-20 due to substantial increase in bad loan provisioning.
Top News
Latest News
