Punjab National Bank reveals loan defaults of over Rs 25,000 crore

The Punjab National Bank has revealed that over 1,142 defaulters across the country have defaulted to the tune of Rs 25,090.3 crore. The bank has initiated recovery proceedings by... Read more »

NSIC may see a drop in net profit, plans to offer new services for MSME’s

State-owned National Small Industries Corp’s (NSIC) net profit for 2018-19 may see a drop because of stiff competition from private players, an official said Tuesday. The company is also... Read more »

MTNL suffers a loss of Rs 2973 crores, seeks claims of Rs 500 crores from Telecom Department

In a world of mobile phones, cash-strapped MTNL are struggling. They have approached the Telecom Department seeking claims of about Rs 500 crore, under multiple heads, including rendering of... Read more »