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
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
Chances of extradition of PNB scam accused get brighter.
26 Jun 2019 2:22 AM
The reserve price for the six non performing assets (NPAs) has been fixed at Rs 342 crore.
16 Jun 2019 3:06 PM
Taken overall, there is a broad consistency of evidence, Judge Ingrid Simler noted.
12 Jun 2019 7:18 PM
He was produced before Judge Arbuthnot for the first case management hearing in the case.
30 May 2019 4:16 PM
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
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
The housing finance arm of the Punjab National Bank will announce the fourth quarter results on May 9.
02 May 2019 3:18 PM
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