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S S MALLIKARJUNA RAO
Uco Bank's AK Goel joins PNB as officer on special dutyThe Appointments Committee of the Cabinet (ACC) approved Goel as the next incumbent at the second largest public sector bank after State Ba...- BBB recommends AK Goel for PNB MD postBBB, the headhunter for state-owned banks and financial institutions, interviewed 11 candidates for the post of MD and CEO of PNB - the cou...
- PNB awaits SAT order on Carlyle deal“We await judgement by SAT for any implementation and we will be following that in letter and spirit,” PNB managing director SS Mallikarjun...
- PNB is expecting reduction in NPAs in next two quarters"Even though the slippage looks elevated across the banking industry in terms of retail and agriculture, I expect retail to settle down in ...
- PNB expects Rs 3,800 cr recovery from Bhushan Power resolution; sees good amount from DHFL tooSticking to the bank's previous guidance on restricting the gross NPAs below 14 per cent and net NPAs lower than 5 per cent by the end of t...
- PNB MD Mallikarjuna Rao on setting up of a Bad Bank“We expect that within one year’s time bad bank should be doing much better,” he noted that in the initial stage banks will not get any mon...
- Moratorium shouldn't be extended beyond August, says Punjab National Bank“The moratorium should not be extended because moratoriums are given only when the situation is uncertain and one cannot ascertain the impa...
- PNB launches campaign to promote digital banking, financial inclusion of IndiansUnder the campaign 'DIGITAL APNAYEN', the bank will contribute Rs 5 towards the PM CARES Fund on behalf of each customer conducting the fir...
- PNB puts Rs 4,518 crore towards bad loans in Q4FY20The bank saw its profits decline 37.3 per cent in FY20 to Rs 14,739 crore when compared to the previous fiscal.
- To earn moderate profit this fiscal, says PNB chiefPunjab National Bank (PNB) will earn moderate profit in the current fiscal, aided by treasury income and core banking activities, its manag...
- No 3-month relief for NBFCs, ready to help on case-to-case basis: PNBPNB has offered a respite on Rs 4 lakh crore of loans to borrowers under the three-month moratorium on repayments announced by the Reserve ...
- Indian Banks Association elects Rajnish Kumar as chairmanSBI's head Rajnish Kumar has been elected as the chairman of Indian Banks Association for fiscal 2019-20. UBI's G Rajkiran Rai, S S Mallika...
- SS Mallikarjuna Rao appointed MD and CEO of Punjab National BankRao, at present the chief executive of Allahabad Bank, will head the Delhi-based PNB till September 18, 2021, the government said in a noti...
- Allahabad Bank hopes to return to black in Q1, gets board nod for Rs 4,000 crore fund raiseThe lender expects slippages to moderate and be contained at around 1 per cent per quarter.
- Allahabad Bank, SBI Life join hand for bancassurance partnershipThe tie-up will see 3,238 branches of Allahabad Bank across the country offer SBI Life's range of protection, wealth creation and savings p...
- 'Maha laddu' mystery over Telangana's tallest GaneshKhairatabad Ganesh is known for its height and its laddu. It is the tallest Ganesh idol in Telangana.Even after restricting its height, the...
- GMR Group head GM Rao appointed Chairman of Andhra Pradesh Skill Development CorporationThe state government has allocated a budget of Rs 700 crores for the skill development initiative and it plans to train about two crore peo...
- GMR Group head G Mallikarjuna Rao appointed as APSSDC chairmanThe APSSDC, constituted on September 10, will function on the lines of the National Skill Development Corporation (NSDC) to take the state ...
- Court notices to PM Manmohan Singh, Sonia Gandhi, 6 ministers over Andhra Pradesh divisionA local court today issued notices to Prime Minister Manmohan Singh, Congress president Sonia Gandhi and six union ministers on a petition ...
- GMR boss Grandhi Mallikarjuna Rao pledges $340 million for educationThe move comes on a day when Warren Buffet, the billionaire chairman of Berkshire Hathaway, arrived on his maiden trip to India to promote ...
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