sunil mehta
Lenders to Jet working on revival, no final decision yet: PNB MD
SBI Capital Markets is working on the revival package for Jet Airways.
PNB CEO, Sunil Mehta: We are on our way towards recovery
Our recovery for the first three quarters is Rs 16000 crore, which is almost three times the recovery last year.
PNB plans to sell non-core assets of over Rs 8,000 crore this fiscal
The bank has already sold some of the fixed assets and have realised Rs 400 crore from these assets.
Amalgamation not on cards; focus on internal consolidation: PNB MD
Post-merger, the asset size of the new entity would be over Rs 14.5 lakh crore.
Nirav Modi scam bygone, bank getting back on growth path: PNB MD
Nirav Modi and his uncle Mehul Choksi duped PNB of Rs 14,000 crore through issuance of fraudulent LoUs.
Indian Banks Association elects PNB's Sunil Mehta as chairman
Rajnish Kumar and Shyam Srinivasan, will continue as deputy chairmen of IBA.
PNB in talks with I-T, excise departments to sell erstwhile headquarters
The lender expects to raise nearly Rs 700-800 crore from the sale of its earlier head office in the national capital.
Finance ministry hopeful of PNB rebounding in Q1
The ministry is keeping a tight watch on the bank’s performance so as not to let the bank slip into further mess.
Nirav Modi fraud is bank's issue; will not seek govt support: PNB MD
The bank has enough resources and capability to meet the challenges posed by the fraud of this nature, he said.
PNB hires lawyers in bankruptcy proceedings of Nirav Modi firm in US
Firestar Diamond approached a bankruptcy court in New York in February.