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ASHOK CHANDRA
Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...- Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
- Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
- Indian banks avoid fresh Gulf bets as Iran crisis drags onIndian banks are pausing new business in Gulf countries amid the Iran crisis. Lenders are closely watching existing ties to avoid financial...
- Indian banks activate BCPs, shift West Asia staff to India amid Iran-US conflictIndian banks are taking steps to ensure the safety of their staff in West Asia. Some banks have already moved operations to India to manage...
- PNB Q4 net profit rises 14% YoY to ₹5,225 crore; targets ₹2 lakh crore digital book in FY27Punjab National Bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing ₹1 lakh crore in digital sancti...
- PNB officers' union flags large-scale transfers of Scale IV officers, seeks reviewThe All India Punjab National Bank Officers' Association has written to the bank's managing director. They are requesting reconsideration o...
- PNB signs Rs 21,000 cr MoU with Rajasthan govt under Rising Rajasthan initiativePunjab National Bank (PNB) has committed Rs 21,000 crore to Rajasthan's Rising Rajasthan initiative, aiming to boost socio-economic progres...
- PNB poised to touch landmark Rs 30 lakh crore total business by FY26 end: MD Ashok ChandraPunjab National Bank is setting its sights on an ambitious Rs 30 lakh crore in total business by the fiscal year's end. With a noteworthy 1...
- PNB's Ashok Chandra sees 11-12% credit growth in FY26Punjab National Bank anticipates credit growth of 11-12% in FY26, driven by a strong corporate loan book and increased disbursements. The b...
- Banks need to build resilience against cyber threat: DFS SecretaryFinancial Services Secretary M Nagaraju urged banks to strengthen cybersecurity measures amidst rising cyber threats. The 'Code Against Mal...
- PNB waives penal charges for non-maintenance of minimum balance in savings accountsPunjab National Bank (PNB) will waive penal charges for non-maintenance of minimum average balance (MAB) in all savings accounts, effective...
- Legacy issues behind us, PNB charts new growth path to outdo competition: MD Ashok ChandraPunjab National Bank is prioritizing operating profit and reducing NPAs to boost performance. PNB aims to enhance fee income and recover ba...
- FSIB selects Ashok Chandra for MD of Punjab National BankFSIB has recommended Ashok Chandra, currently Executive Director of Canara Bank, for the role of MD & CEO of Punjab National Bank, succeedi...
- Union Bank rolls out automated solution to monitor stressed loansChief general manager Ashok Chandra said automation will eliminate errors and cut the time taken to initiate recovery to a few days from mo...
- Bus carrying differently abled to PM Narendra Modi's programme hits pole, 22 hurt22 differently abled persons, on their way to PM's aid distribution programme, were injured when the bus carrying them hit a pole under Kap...
- Hindi version of 'Sarala Mahabharat' to be released at DelhiThe Hindi edition of Odia 'Sarala Mahabharat,' penned by Adikabi Sarala Das will be released at the India International Centre, Delhi on Se...
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