Friday, Mar 29, 2024 | Last Update : 02:11 PM IST

Punjab National Bank

UK High Court rejects Nirav Modi's extradition plea

Under the legal guidelines, Modi, as an appellant, has 5 business days to apply for such an oral consideration

24 Jun 2021 1:14 AM

Govt to bring amendments to two Acts to enable privatisation of PSU banks

Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore

16 Feb 2021 10:42 PM

Nirav Modi's remand extended to August 27, trial to start in September

He was told the next hearing in the case will be a case management hearing ahead of a trial set for five days from September 7

06 Aug 2020 4:19 PM

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

PNB collected Rs 268 crore as ATM transaction charges, annual maintenance fee in FY20

The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards

10 Jun 2020 3:56 PM

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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

Banks get on social media to brighten up the lockdown with customer engagement activities

HDFC started The Art Project to give customers a #BreakFromBoredom while PNB started a Mother's Day contest

10 May 2020 7:47 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

IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 Apr 2020 3:53 PM

Mega merger of state-run banks comes into force from April 1: RBI

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan

29 Mar 2020 12:33 PM

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Major recovery for SBI, ICICI from Essar verdict

Secured financial creditors will recover 92 per cent of their exposure of Rs 42,000 crore to Essar Steel.

19 Nov 2019 3:37 AM

RBI revamps departments for effective supervision, regulation of banking sector

Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.

02 Nov 2019 12:27 PM

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

Nirav Modi remanded to custody by UK court until October 17

Nirav Modi has been long fighting in the PNB scam, where he swindled away Rs 11,000 crore from Punjab National Bank.

19 Sep 2019 3:52 PM

Doubting stock market punishes PSU banks

Investors are not convinced about the ability of anchor banks to absorb their weaker partners.

04 Sep 2019 12:42 AM

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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

Mehul Choksi seeks dismissal of ED plea

Choksi contended that the ED plea should have been accompanied by an affidavit revealing all contents but there was no such affidavit.

27 Aug 2019 4:44 AM

RBI imposes fine on PNB for delay in reporting fraud in Kingfisher Airlines account

A penalty of Rs 50 lakh was imposed by the RBI on the bank.

03 Aug 2019 3:36 PM

PNB returns to black, posts standalone net profit of Rs 1,019 cr in Q1

Total income rose to Rs 15,161.74 crore during the June quarter of 2019-20, as against Rs 15,072.41 crore.

26 Jul 2019 3:16 PM

Allahabad Bank stock drops 8 pc after reporting Rs 1,775-cr fraud

Allahabad Bank is the second state-owned lender to report a fraud by Bhushan Power and Steel Ltd (BPSL), to the RBI.

15 Jul 2019 6:35 PM

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