RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
11 Apr, 2026, 07.04 AM IST
Shubhalakshmi Panse resigns as PNB Housing Finance independent directorShubhalakshmi Panse, who had served as managing director at Allahabad Bank from October 2012-January 2014, was appointed as independent dir...
12 Jan, 2021, 01.24 PM IST
PNB shelves plan to sell housing finance unitPNB's holding in PNB Housing is set to fall to around 27.5% from the current 32.43% when the later issues fresh shares to raise about Rs 15...
23 Jan, 2020, 09.34 PM IST
SBI freezes accounts of 3 Nirav Modi group companiesThe bank found out these accounts after internal scrutiny, the officials said, adding these accounts are not directly related to the PNB fr...
01 Mar, 2018, 09.44 PM IST
PNB Fraud: Need to focus on institutional framework, says Uday KotakKotak said, "I am embarrassed as a banker and "we must look into governance and ownership of banks in India".
21 Feb, 2018, 10.43 PM IST
- A good time to have bank fixed deposits
Experts say as of now deposits offer better returns than PPF or post office term deposits.
20 Sep, 2011, 07.50 AM IST
- PNB registers 16.7% growth, aims Rs 10 lakh crore turnover by 2013
Punjab National Bank (PNB), the second largest public sector bank, in the country has unveiled an ambitious plan to gross a total business ...
30 Jan, 2011, 07.28 PM IST
- PNB to raise Rs 500 cr from bonds
Punjab National Bank (PNB) today said it would raise Rs 500 crore from bonds to meet its capital requirement for credit growth.
21 May, 2010, 03.30 PM IST
- PNB to set up subsidiary in Canada by Dec
Punjab National Bank (PNB) is setting up a 100% banking subsidiary in Canada to do business with the Punjabi diaspora and other non-residen...
27 Jan, 2010, 04.06 AM IST
- PNB unlikely to lower interest rates further
State-run Punjab National Bank is unlikely to lower its interest rates further in the near future.
25 May, 2009, 07.46 PM IST
- PNB pulls the plug on sub-PLR loans to increase transparency
Amid a raging debate over loan pricing, India’s third-largest lender Punjab National Bank (PNB) has decided not to lend below its benchmark...
07 May, 2009, 01.36 AM IST
- Not time for consolidation in banking yet: PNB chairman
Consolidation in the banking sector is essential but it will happen only after a few years as a large section of the country's population i...
07 Jan, 2008, 10.26 PM IST
- PNB's Hong Kong branch starts operations
Public sector lender Punjab National Bank said its Hong Kong branch has commenced operations from Monday.
17 Dec, 2007, 03.25 PM IST
- PNB Board okays merger of PNB Gilts with itself
Punjab National Bank on Wednesday said the board has given go-ahead to PNB Gilts to work out scheme of merger with the bank.
21 Nov, 2007, 07.27 PM IST
- PNB, IIFCL tie up to finance infra projects
Deals would be structured along commercially viable lines based on project appraisal, loan syndication and other related activities underta...
17 Oct, 2007, 10.20 PM IST
- PNB to set up JV in Bhutan, credit cards biz by April
It is believed PNB could hold as high as 80 per cent stake in the Bhutanese JV. For credit cards business, PNB has entered into a JV with A...
18 Sep, 2007, 06.00 PM IST
- PSU banks' new chiefs work out strategy to fight private players
Improving customer services, reducing bad loans and increasing the share of low-cost deposits have been identified as key areas.
14 Jun, 2007, 02.49 AM IST