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PNB

PNB reports over Rs 3600 crore DHFL loans as fraud

DHFL accumulated total debts of almost Rs 1 trillion and then failed to honour dues to its creditors

10 Jul 2020 9:09 AM

UK court plays video of Nirav Modi's death threats to 'dummy directors'

Modi's defence team have claimed a paucity of evidence to prove dishonesty and also questioned the admissibility of some of the evidence

14 May 2020 3:23 PM

Nirav Modi remanded to custody, extradition trial from May 11 in UK court

Two additional charges of "causing disappearance of evidence" and “criminal intimidation to cause death” were added

29 Apr 2020 9:08 AM

PNB posts profit of Rs 507 crore in Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

05 Nov 2019 2:20 PM

34 functional teams to smoothen merger of UBI, PNB, OBC

Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs 18 lakh crore.

02 Oct 2019 12:13 PM

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PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

30 Sep 2019 3:38 PM

PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

09 Sep 2019 10:06 AM

PNB board to consider Rs 18,000-crore capital infusion this week

The board shall consider capital infusion up to Rs 18,000 crore in its meeting scheduled on September 5, 2019, PNB said.

02 Sep 2019 8:16 PM

Board to soon consider amalgamation with OBC, United Bank: PNB

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans.

31 Aug 2019 2:14 PM

After PNB, Allahabad Bank reports Rs 1,700 crore fraud by indebted firm

Allahabad Bank said in a statement that it had told the RBI that it had identified a fraud worth over Rs 1,700 crore in Bhushan's accounts.

14 Jul 2019 10:33 AM

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PNB shares drop over 11 per cent after BPSL fraud case

At present, the case is at NCLT which is in advance stage and the Bank expects good recovery in the account.

08 Jul 2019 12:32 PM

PNB says detects 38-billion rupee fraud

PNB has been defrauded of over USD 2 billion in a separate scam that came to light last year.

08 Jul 2019 8:45 AM

RBI fines 4 bank, including PNB for violation of KYC norms

RBI imposed a penalty of Rs 1.75 crore on four public sector banks, including PNB and UCO Bank.

03 Jul 2019 8:45 AM

Nirav Modi to apply for fresh bail plea

His previous two bail pleas were rejected by the court.

07 May 2019 8:59 PM

Lenders to Jet working on revival, no final decision yet: PNB MD

SBI Capital Markets is working on the revival package for Jet Airways.

17 Apr 2019 8:47 AM

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PNB's stake sale in housing finance arm 'credit positive': Moody's

Upon completion of the sale, PNB will retain a 19.8 per cent stake in PNB Housing Finance worth around Rs 3,000 crore.

08 Apr 2019 11:26 AM

Sebi exempts govt from making open offer for shareholders of PNB

Sebi, however, directed reduction in non-public shareholding in the lender post capital infusion.

28 Mar 2019 4:03 PM

Mehul Choksi accuses PNB of 'maliciously' creating case against him

Choksi had sought to correct the details of this KYC on several occasions but to no avail.

28 Mar 2019 9:48 AM

Sebi exempts govt from making an open offer for shareholders of PNB

Listed companies are required to have at least 25 per cent public shareholding.

28 Mar 2019 8:57 AM

RBI slaps Rs 2 cr penalty on PNB for violating SWIFT norms

PNB said the Reserve Bank in a letter dated March 25 has informed the bank about the penalty.

26 Mar 2019 4:30 PM

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