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PNB Revises FD Rates
Following suit, another state run lender PNB has revised its FD rates with effect from August 1, 2019. The lender has revised interest rates on select maturities by up to 50 basis points. For its FD of deposits up to Rs. ...
Pnb Revises Fd Rates
Punjab National Bank Reports A Profitable June Quarter
Punjab National Bank (PNB) on Friday reported a net profit of Rs 1,018.6 crore for the June-ended quarter as against a loss of Rs 940.01 crore in the same period, last year. The lender's profit was despite the increase in net ...
Punjab National Bank Reports A Profitable June 2019 Quarter
PNB Stocks Falls 10% After Reporting Bhushan Steel Fraud
Shares in Punjab National Bank fell as much as 10 per cen to Rs 73.80, after the bank said it had detected fraud with regards to Bhushan Steel Account. "On the basis of Forensic Audit Investigation findings and CBI filing FIR, ...
PNB Shares Slump On Detecting Another Fraud
On Monday, shares of Punjab National Bank (PNB) slipped by close to 8 percent after the lender reported that another fraud related to accounts of Bhushan Power & Steel Ltd at its Chandigarh, Dubai and Hong Kong branch with an exposure ...
Pnb Shares Slump On Detecting Another Fraud
ICICI Bank, PNB And Central Bank Lower Lending Rates
On Monday, ICICI Bank, Central Bank of India and PNB after the RBI's repo rate cut last month reduced their MCLR rate across tenures. The internal benchmark or MCLR has been cut by 10 bps to 8.65% for one year ...
4 Swiss Bank Accounts of Nirav Modi Frozen On ED's Request
The Swiss authorities have frozen four bank accounts of Nirav Modi, the main accused in Rs-13,000-crore-PNB-fraud, and his sister as part of the ongoing criminal money laundering probe being conducted against him, PTI reported. The accounts frozen on the request of ...
Swiss Bank Accounts Of Nirav Modi Frozen On Ed S Request
PNB Reports Net Loss Of Rs 4,750 Crore For Q4
For the January-March 2019 quarter, Punjab National Bank (PNB) reported a net loss of Rs 4,750 crore on Tuesday. An improvement in asset quality and provision coverage ratio was also seen for the quarter under review. In the corresponding period last ...
Nirav Modi's Bail Denied By London Court
A London Court on Friday rejected the bail plea of fugitive diamond merchant Nirav Modi. The Indian businessman has been facing extradition proceedings in the United Kingdom in connection to the over Rs 13,000 crore PNB (Punjab National Bank) fraud and ...
Nirav Modi S Bail Denied By London Court
PNB To Discontinue Its Wallet Service From May
Punjab National Bank (PNB) in a recent announcement said that it will end one of its service named as PNB Kitty from this month. In an alert issued in this respect, the country's leading bank said, "Dear PNB Kitty User, Bank ...
Pnb To Discontinue Its Wallet Service From May
PNB To Sell Partial Stake In PNB Housing Finance
On Friday, state-run Punjab National Bank (PNB) said in a regulatory filing that it will be selling a part of its stake in PNB Housing Finance to General Atlantic and Varde Partners for Rs 1,851.60 crore. The lender said that it ...
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