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
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
DHFL accumulated total debts of almost Rs 1 trillion and then failed to honour dues to its creditors
10 Jul 2020 9:09 AM
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
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
HDFC started The Art Project to give customers a #BreakFromBoredom while PNB started a Mother's Day contest
10 May 2020 7:47 PM
Two additional charges of "causing disappearance of evidence" and “criminal intimidation to cause death” were added
29 Apr 2020 9:08 AM
PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012
12 Apr 2020 3:53 PM
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
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
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
02 Nov 2019 12:27 PM
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 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
Investors are not convinced about the ability of anchor banks to absorb their weaker partners.
04 Sep 2019 12:42 AM
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
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
A penalty of Rs 50 lakh was imposed by the RBI on the bank.
03 Aug 2019 3:36 PM
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 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
At present, the case is at NCLT which is in advance stage and the Bank expects good recovery in the account.
08 Jul 2019 12:32 PM