Punjab National bank postes big losses in Q4
New Delhi, May 28 (IANS) State-run Punjab National Bank (PNB) on Tuesday posted a loss of Rs 4,750 crore in the fourth quarter of the last fiscal ended March, against…
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New Delhi, May 28 (IANS) State-run Punjab National Bank (PNB) on Tuesday posted a loss of Rs 4,750 crore in the fourth quarter of the last fiscal ended March, against…
In a major setback to the unrevealed Indians having Swiss bank accounts, the Switzerland government has decided to share their information in detail with the Indian administration. The stern dispensation,…
The Reserve Bank of India (RBI) said it will inject Rs 15,000 crore into the financial system next month (June). The filling of the capital will be done through purchase…
State Bank of India (SBI) on Friday announced it is organising a ‘mammoth’ national meet on May 28 in order to understand the customer grievances and enhance services. Under its…
ew Delhi, May 21 (IANS) Punjab National Bank may be centre of the next round of PSU bank merger in September where the Delhi-based lender could take some smaller PSU…
New Delhi, May 21 (IANS) While the banking sector’s non-performing assets (NPAs or bad loans) are receding, the balance sheets of state-run banks, however, continue to remain under stress owing…
North Korea is known to be starved of Foreign funds due to UN sanctions. Provoked by this North Korea carried out a $13.5 million cyber heist of Cosmos Bank using…
State owned lender-Punjab National Bank (PNB) is selling its stake in its housing finance arm, PNB Housing Finance to global private equity company General Atlantic and Varde Partners, bank said…
The Bank of Baroda (BoB) which is about its start its operation after its merger with Dena Bank and Vijaya Bank will be receiving ₹5,042 crore infusion of funds from…
The Supreme Court of India while hearing a plea flied by the bank officers association refused to put immediate stay on merger of three banks. The court was hearing an…