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PNB EXECUTIVES
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...- Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam IndustriesBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- 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 hikes cybersecurity spend as AI models including Anthropic's Mythos raise risksPunjab National Bank is boosting its cybersecurity spending by over 50% this financial year. The bank is investing heavily in technology to...
- Senior citizen FD interest rate hike: This NBFC is now offering up to 7.75% interest rate to senior citizensBajaj Finance has boosted interest rates on its 31-60 month fixed deposits to 7.40%, with senior citizens now earning up to 7.75%. These re...
- World Bank's IFC targets $10 billion in annual investments in India by 2030The International Finance Corporation plans to significantly increase its investments in India. By 2030, annual investments are set to reac...
- PNB joins hands with Kiwi to expand credit on UPI for 180 million customersState-owned Punjab National Bank has partnered with Kiwi to launch the RuPay-based PNB Kiwi Credit Card. It offers digital onboarding, UPI ...
- Stock selection key as mid & smallcaps offer alpha opportunities: Pankaj MurarkaIndian stock markets are set for new peaks by the end of this year. Experts see a broad economic recovery, with financials leading the char...
- Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
- Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
- Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
- Fuel duty cut, states' line-up give Bond Street the jittersThe yield on India's 10-year government bond rose sharply Friday. This increase follows a cut in fuel excise duty which impacted the fiscal...
- Punjab National Bank signs pact with SAIL to offer loansPNB and SAIL signed a concessional loan MoU on Thursday to improve SAIL employees' financial well-being and expand PNB's customer base. Att...
- PNB Housing appoints Neeraj Vyas as interim MD&CEOThe company's board took the decision based on the recommendations of Nomination & Remuneration Committee, and is further subject to the ap...
- Ex-PNB executive declines to undergo polygraph, narco testsIn his application submitted before special CBI judge V C Barde, Shetty declined to give his consent to undergo the tests and rejected the ...
- CBI unlikely to charge PNB executives with smaller fraudWants to avoid giving Ananthasubramanian, others double jeopardy defence in PNB case.
- Bankers heading back to school to learn risk managementFinance ministry directs PSBs to attend a 3-day workshop at the SBI Training Academy in Gurugram, to train and teach bankers risk managemen...
- PNB appoints LV Prabhakar as Executive DirectorPrabhakar's appointment follows retirement of Ram S Sangapure who demitted the office of the Executive Director on February 28, 2018 after ...
- How PNB missed warning signs to avert Rs 11,000 crore fraudThe PNB executive, who replaced Shetty, asked the company to cough up a hefty cash margin, prompting Modi’s people to disclose that they ha...
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