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SS MALLIKARJUNA RAO
PNB may pare its stake in UTI MF, life venture and ARCsThe city-headquartered bank had acquired a stake in the life insurer post amalgamation of the erstwhile Oriental Bank of Commerce (OBC) int...- 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 to transfer Rs 8,000 crore loans to bad bankProposed National Asset Reconstruction Company (NARCL) or bad bank is expected to be operational by next month.
- Bank privatisation debate: Here's how the doyens see itPunjab National Bank chief executive SS Mallikarjuna Rao mentioned the massive role of public sector banks in infrastructure financing. "Th...
- RBI seeks details of Punjab National Bank's capital raising plansPNB’s chief executive SS Mallikarjuna Rao is expecting a positive note from RBI soon. “It’s not that the issue is stalled or there is no co...
- 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...
- PNB rises 4% as bank completes IT integration of United Bank with selfThe entire migration has been completed without affecting any change in customer account numbers, debit cards or net banking credentials, t...
- PNB completes IT integration of all branches of two merged entitiesThe amalgamation of Oriental Bank of Commerce and United Bank of India into PNB came into effect from April 1, 2020.
- PNB plans to raise Rs 7,000 crore from QIP in DecemberIndia’s second largest bank saw credit growth picking up marginally through the second half of this fiscal while it expected the figure to ...
- PNB to raise Rs 1,500 cr via bonds; total capital raising plan pegged at Rs 14,000 crThe bank will soon follow up with another Rs 1500 crore tier 2 issue and a Rs 3000 crore additional tier 1 (AT1) bond issue which are expec...
- 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 ...
- Expect Rs 3,000 crore slippages in RAM category: SS Mallikarjuna RaoOut of PNB’s December quarter slippages of Rs 6,700 crore, 31 per cent or Rs 2,100 crore came from the agriculture sector, says MD & CEO at...
- PNB expects 8-10% credit growth and 10-12% operating profit growth in H2: CEOOur endeavour will be to bring net NPA below 6% by March 2020.
- NPA issue has bottomed out: SS Mallikarjuna Rao, PNB HeadThe bank is in the midst of pre-merger activity. It will merge UBI and Oriental Bank with itself.
- 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 may raise Rs 1,200 crore via QIP; eyes profit in June quarter"We are expecting to make profit from first quarter onwards," said CEO SS Mallikarjuna.
- IL&FS, farm loan waiver strain Allahabad Bank balance sheetThe bank reported Rs 2,524 crore of fresh bad loan in the December quarter.
- SBI reshuffles portfolio of top managementThe change in portfolios was announced by chairman Rajnish Kumar on Wednesday night.
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