PNB increases profit three-fold to Rs 2,223 Cr in Q3, Interest income rises to Rs 29,962 Cr Read more »
PNB Housing Finance Thursday secured a 51 per cent increase in its consolidated net profit to Rs 379.77 crore for the fourth quarter ended March 2019. The company’s net... Read more »
Some public sector banks could soon receive an invitation from the government to discuss another round of mergers in the sector, a Finance Ministry official told The Economic Times. It... Read more »
The Reserve Bank of India (RBI) has fined Punjab National Bank (PNB) Rs 2 crore after it found out that it violated the compliance with regulatory directions regarding SWIFT... Read more »
Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being produced in the Westminster Magistrate’s Court, the UK... Read more »
On August 27, 2018 the NCLT, Ahmedabad approves merger of NMCE with ICEX effective 7th September, 2018. The merged entity will retain the name of ICEX. New board is... Read more »
The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements,... Read more »