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To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
Why Rs 1 crore term insurance cover in 2026 may not be enough for many familiesFamilies need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...
Nifty Bank crashes 900 points as SBI, IndusInd, Yes Bank, other lender stocks tumble up to 4%. What lies ahead?The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broader market sentiment. SBI shares l...
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 ...
Angel One shares rise 15% in just one week! Should investors buy after Q4 results?Angel One shares saw a slight uptick, recovering from a prior dip and showing a significant rally over the past week. The company reported ...
Game of cards: Top banking players opt for tight gambit, rivals up the anteSince the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No ...
PNB debit card user alert: Free domestic airport lounge access ends for RuPay Platinum card holders; check revised conditionsPunjab National Bank (PNB) will discontinue complimentary domestic airport lounge access for RuPay Platinum debit cardholders from April 1,...
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...
Punjab National Bank launches 34 new products on its 131st foundation dayPunjab National Bank celebrated its 131st foundation day by launching 34 new products, including customer-centric deposit schemes and digit...
MetLife to hike stake in India JV to over 42%New York-based insurer MetLife is set to increase its stake in its Indian life insurance joint venture PNB MetLife by acquiring 15.27% held...
Metlife plans to raise its stake in Indian venture; acquire stake of IGE, ElproMetLife said it had entered into an agreement with IGE India and Elpro International to acquire their combined stake of 15.27% in PNB MetLi...
Carlyle, others pump Rs 4,000 crore in PNB Housing FinancePluto Investments, an affiliated entity of Carlyle Asia Partners has agreed to invest up to Rs 3,185 crore through a preferential allotment...
Punjab National Bank, IIT-Kanpur, FIRST join hands to set up Fintech Innovation CentreThe partnership will facilitate research and develop technological solutions to address challenges and explore opportunities in the BFSI sp...
No plans to sell non-core assets during this fiscal: PNB Chief"We have a lot of real estate assets because of the merger. We are planning to sell some of them. We are planning to sell a good amount of ...
PNB Housing Finance raises $ 100 million from IFCInvestment was made under RBI's automatic route in the revamped ECB framework.
Artificial Intelligence and blockchain will change the way insurance is done in India: Samrat Das, CIO, PNB MetLifeBack to business at hand, Das is judiciously drafting the digital roadmap of PNB Metlife and architecting the private life insurer’s system...
Nirav Modi fraud is bank's issue; will not seek govt support: PNB MDNirav Modi and his uncle Mehul Choksi, in connivance with certain bank officials, allegedly cheated PNB of over Rs 13,000 crore through fra...
PNB to honour LoUs worth Rs 6,500 cr due to 7 lendersBoard members of the scam-hit bank decided to honour payments on about 350 letters of undertaking and foreign letters of credit.
PNB waives off ATM charges for Chennai users, NHB chips in tooIn view of the floods in Chennai, Punjab National Bank (PNB) today said it has waived off charges for using ATM network of other banks.
Mphasis bags 5-year deal from PNB to set up contact centres in Noida and MangaloreIT firm Mphasis has inked a five-year contract with Punjab National Bank (PNB) to set up contact centres in Noida and Mangalore.