The airline has already defaulted on repayments on external commercial borrowings due to the paucity of funds.
14 Mar 2019 3:22 PM
Jet Airways is saddled with more than a billion dollars in debt and its shares jumped 4.8 per cent.
12 Mar 2019 9:22 AM
The bank's net profit rose 7.12 per cent to Rs 247 crore in the three months to December 2018.
28 Feb 2019 5:32 PM
The bank is expected to clock a net profit of 22.66 billion rupees for the year ending March 2020.
18 Feb 2019 2:24 PM
Our recovery for the first three quarters is Rs 16000 crore, which is almost three times the recovery last year.
05 Feb 2019 3:40 PM
Ongoing demolition work at Nirav Modi’s posh bungalow in Maharashtra’s Raigad district has been stopped.
29 Jan 2019 3:46 PM
Nirav Modi said the situation is blown out of proportion and can't come back to the country due to security reasons.
05 Jan 2019 1:46 PM
HDFC Bank, Punjab National Bank (PNB) and Canara Bank revised their interest rates recently.
13 Nov 2018 12:38 PM
The bank's gross non-performing assets as a proportion of gross advances rose sharply to 17.16 per cent.
02 Nov 2018 1:24 PM
Nirav Modi and his uncle Mehul Choksi duped PNB of Rs 14,000 crore through issuance of fraudulent LoUs.
02 Oct 2018 5:38 PM
The government in July decided to infuse Rs 11,336 crore in five state-owned lenders including PNB.
26 Sep 2018 4:39 PM
PNB average percentage of technical declines is only 0.83 per cent of total transactions.
25 Aug 2018 5:27 PM
Total income of the bank rose to Rs 15,072 crore from Rs 14,468.14 crore in the year-ago period.
07 Aug 2018 1:20 PM
PNB Housing had disbursed Rs 33,195 crore loans during 2017-18, an increase of 61 per cent over the preceding fiscal year.
11 Jul 2018 12:48 PM
The total bad loan write-off by the public sector banks stood at over Rs 1.20 lakh crore in the last fiscal.
09 Jul 2018 10:15 AM
PNB had received Rs 5,473 crore recap funds last year during the first round of infusion.
04 Jun 2018 9:18 AM
RBI in its reply on May 15 did not specify details of any particular case of banking fraud.
29 May 2018 8:45 AM
RBI had also earlier declined to share inspection reports for scam-hit PNB.
21 May 2018 8:40 AM
PNB expand its total business to 12 trillion rupees ($180 billion) in the year to March 2019.
07 May 2018 8:28 AM
The LOUs were issued to SBI’s Antwerp branch in Belgium on April 25 last year with payment due date till January 20, 2020.
16 Mar 2018 12:31 AM