DHFL accumulated total debts of almost Rs 1 trillion and then failed to honour dues to its creditors
10 Jul 2020 9:09 AM
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
Two additional charges of "causing disappearance of evidence" and “criminal intimidation to cause death” were added
29 Apr 2020 9:08 AM
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
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
PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.
30 Sep 2019 3:38 PM
The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.
09 Sep 2019 10:06 AM
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
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
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
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 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 imposed a penalty of Rs 1.75 crore on four public sector banks, including PNB and UCO Bank.
03 Jul 2019 8:45 AM
His previous two bail pleas were rejected by the court.
07 May 2019 8:59 PM
SBI Capital Markets is working on the revival package for Jet Airways.
17 Apr 2019 8:47 AM
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, however, directed reduction in non-public shareholding in the lender post capital infusion.
28 Mar 2019 4:03 PM
Choksi had sought to correct the details of this KYC on several occasions but to no avail.
28 Mar 2019 9:48 AM
Listed companies are required to have at least 25 per cent public shareholding.
28 Mar 2019 8:57 AM
PNB said the Reserve Bank in a letter dated March 25 has informed the bank about the penalty.
26 Mar 2019 4:30 PM