Thursday, Jan 23, 2020 | Last Update : 03:01 AM IST

Punjab National Bank

Major recovery for SBI, ICICI from Essar verdict

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

RBI revamps departments for effective supervision, regulation of banking sector

Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.

02 Nov 2019 12:27 PM

PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur

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 remanded to custody by UK court until October 17

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

Doubting stock market punishes PSU banks

Investors are not convinced about the ability of anchor banks to absorb their weaker partners.

04 Sep 2019 12:42 AM


PNB board to consider Rs 18,000-crore capital infusion this week

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

Mehul Choksi seeks dismissal of ED plea

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

RBI imposes fine on PNB for delay in reporting fraud in Kingfisher Airlines account

A penalty of Rs 50 lakh was imposed by the RBI on the bank.

03 Aug 2019 3:36 PM

PNB returns to black, posts standalone net profit of Rs 1,019 cr in Q1

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 stock drops 8 pc after reporting Rs 1,775-cr fraud

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


PNB shares drop over 11 per cent after BPSL fraud case

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

Pay dues to banks: DRT tells Nirav Modi, aides

Modi (48) is wanted in India in the Punjab National Bank (PNB) fraud and money laundering case amounting up to USD 2 billion.

07 Jul 2019 6:51 AM

Mehul Choksi may soon lose his citizenship: Antigua govt

Chances of extradition of PNB scam accused get brighter.

26 Jun 2019 2:22 AM

PNB to sell NPAs worth over Rs 1,000 cr, six accounts put on block

The reserve price for the six non performing assets (NPAs) has been fixed at Rs 342 crore.

16 Jun 2019 3:06 PM

UK High Court notes broad consistency in India's evidence against Nirav Modi

Taken overall, there is a broad consistency of evidence, Judge Ingrid Simler noted.

12 Jun 2019 7:18 PM


UK court remands Nirav Modi till June 27

He was produced before Judge Arbuthnot for the first case management hearing in the case.

30 May 2019 4:16 PM

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM

Punjab National Bank may take OBC, Andhra, Allahabad bank in fold

This could be the one of the first decisions to be taken by the new government after election results are announced on May 23.

22 May 2019 12:35 PM

PNB Housing Finance to mop up USD 1 bn from foreign markets

The housing finance arm of the Punjab National Bank will announce the fourth quarter results on May 9.

02 May 2019 3:18 PM

Nirav Modi to appear for remand hearing via videolink from jail tomorrow

The hearing this week takes place as per the 28-day time frame for judicial remand in such cases.

25 Apr 2019 6:35 PM