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  Punjab National Bank cautions other banks about modus operandi of Rs 11,400 crore scam

  Business | February 15, 2018 10:37 IST

  Hit by a Rs 11,400 crore fraud, state-owned Punjab National Bank (PNB) has cautioned other banks about the modus operandi of the scam.

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  PNB-Nirav Modi fraud case: Enforcement Directorate registers money laundering case

  Business | February 15, 2018 12:13 IST

  The CBI had booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating PNB of over Rs 280.70 crore in 2017.

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  PNB fraud case: Bank suspends 10 officials, jewellery designer Nirav Modi under CBI scanner

  Business | February 14, 2018 23:49 IST

  The Punjab National Bank (PNB) on Wednesday suspended 10 officials in connection with the billionaire jewellery designer Nirav Modi fraud case.

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  CBI probing Nirav Modi after PNB detects 11,365-crore fraud in its Mumbai branch

  Business | February 14, 2018 16:09 IST

  On Wednesday, PNB, in a regulatory filing to BSE Ltd, said it had detected fraudulent transactions worth $1,771.7 million (over Rs11, 000 crore) in its Mumbai branch.

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  Top loan defaulters owe Rs 25,000 cr to SBI, over Rs 12,000 cr to PNB

  August 20, 2017 20:42 IST

  As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31, putting pressure on its balance sheet

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  Consolidation ahead? PMO keen on ‘few large banks’ instead of ‘many smaller ones’

  April 18, 2017 14:09 IST

  The PMO is learnt to be drawing up plans for public sector lenders that could see some consolidation on the lines of the SBI merger recently

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  Demonetisation effect: ATMs go dry soon after opening, people rush to banks for cash

  November 11, 2016 12:55 IST

  People in several parts of the country continue to face hardship as ATMs are either shut or not dispensing cash.

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  PNB Housing Finance IPO sails through, subscribed 1.49 times

  October 27, 2016 14:08 IST

  PNB Housing Finance's IPO was oversubscribed 1.49 times till afternoon trade on the third day of the offer today. The IPO received bids for 4,17,25,596 shares against the total issue size of 2,80,77,500 shares,

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  SBI, PNB, IDFC Bank, PayTm also to issue e-toll tags now: NHAI

  India | September 14, 2016 16:37 IST

  The National Highways Authority (NHAI) today said that the government has expanded the number of lenders and wallets, who can issue the electronic tags for vehicles.

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  Govt pumps Rs 23K crore lifeline into 13 public sector banks for FY17

  July 19, 2016 16:55 IST

  New Delhi: The Ministry of Finance today allocated Rs 22,915 crore capital to as many as thirteen public sector banks including SBI, PNB and IOB to give a boost to their lending operations and ensure

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  PNB chief dismisses Vijay Mallya’s offer, asks him to pay full amount

  May 18, 2016 18:57 IST

  New Delhi: Dismissing Vijay Mallya’s offer of part payment of bank loans, Punjab National Bank (PNB) on Wednesday said he must pay the full amount and settle the dues. “Although we are not leader of

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  At Rs 5,367cr, PNB posts biggest ever loss in Indian banking history

  May 18, 2016 16:28 IST

  Creating history of sorts, state-run Punjab National Bank has posted a loss of Rs 5,367 crore for the quarter ending March 2016, making it the biggest ever quarterly posted by an Indian bank in the industry.

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  Selection of chief executives at 5 state-run banks from today

  June 15, 2015 9:54 IST

  New Delhi: As many as 26 shortlisted candidates, including executives from private sector banks, are to appear for interviews here for two days from Monday, for the posts of chief executive and managing director at

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  Over 250 companies appoint women directors on Tuesday to meet Sebi deadline

  April 01, 2015 11:35 IST

  Mumbai: Waking up at the last moment, over 250 companies including from Adani and Essar Groups, appointed women directors to meet the Sebi deadline of Tuesday midnight for having at least one female board member,

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  PNB revises interest rate on FDs by up to 0.5%

  January 07, 2015 9:40 IST

  New Delhi: State-owned Punjab National Bank (PNB) on Tuesday revised interest rate on fixed deposits by up to 0.5 per cent on various maturities."For deposits less than Rs 1 crore having maturity between 7-14 days,

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  SBI has highest number of branches based at rented locations

  December 22, 2014 10:06 IST

  New Delhi: The country's largest bank State Bank of India (SBI) has the highest number of branches running from rented facilities among public sector banks.A total 85,356 branches of all public sector banks were running

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  PNB, OBC cut lending rate on car loans; SBI to follow suit

  October 08, 2013 23:27 IST

  New Delhi: Within days of government promising more funds to PSU banks, state-run lenders PNB and OBC today cut lending rate on auto and consumer durable loans by up to 2.50 per cent to cash

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  SBI, others downgraded on credit quality, recapitalisation concerns

  September 23, 2013 23:33 IST

  Mumbai: Two international rating agencies - Moody's and Fitch - have downgraded debt ratings of India's top three public-sector banks - State Bank of India, Bank of Baroda and Punjab National Bank - citing worsening

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  PNB share tanks 7% after net profit declines 11.6%

  October 26, 2012 18:29 IST

  New Delhi, Oct 26:  State-owned Punjab National Bank on Friday reported a 11.6 per cent drop in net profit to Rs 1,065 crore on account of higher provisioning for bad loans in the September quarter,

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  PNB to disburse Rs 4,000 cr worth agri loans to farmers

  October 15, 2012 20:20 IST

  Hisar, Oct 15: Punjab National Bank today launched agricultural loan campaign for farmers here today, aiming to disburse nearly Rs 4,000 crore of loans to four lakh peasants across the nation over the next 45