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Punjab National Bank
Business  /  Published 06.03.21

ICICI cuts rates of home loans

ICICI Bank on Friday has cut interest rates on home loans to 6.70 per cent on a par with market leader SBI, as part of a limited period offer.   The second largest private sector lender said the...
By Our Bureau in Mumbai

Business  /  Published 07.02.21

Case for bad bank

The proposed bad bank could mitigate the challenge of offloading stressed assets in cases where the lending is done by a consortium of banks. Punjab National Bank managing director and CEO S. S. Mall...
By Our Bureau in Calcutta, New Delhi

India  /  Published 07.11.20

Odisha ATM robbers held in Vizag

Two members of an inter-state gang, who were involved in looting Rs 25 lakh from Punjab National Bank’s ATM kiosk here on October 10, have been arrested by police in Andhra Pradesh’s Visak...
By Subhashish Mohanty in Bhubaneswar

Business  /  Published 04.11.20

PNB to raise Rs 7,000cr through QIP of shares

Bank of Baroda on Tuesday said it would not charge for basic banking services following a public outcry. The announcement came just a day after the bank said it would begin charging customers for bas...
By Our Special Correspondent in New Delhi

India  /  Published 04.11.20

‘Overqualified’ peon setback

The Supreme Court on Tuesday refused to accept the contention that over-qualification cannot be a ground for disqualification as it upheld an order of Punjab National Bank terminating the service of a...
By PTI in New Delhi

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Business  /  Published 03.11.20

'Overqualified' bank peon loses job

The Supreme Court on Tuesday refused to accept the contention that overqualification cannot be a ground for disqualification as it upheld an order of Punjab National Bank terminating the service of a ...
By Our Bureau and Agencies in New Delhi

Business  /  Published 25.08.20

PNB allays layoff fears

PNB managing director and CEO S.S. Mallikarjuna Rao on Monday assured that that there will be no layoffs because of the merger of Oriental Bank of Commerce and Union Bank of India with the bank. &ldq...
By Our Special Correspondent in New Delhi

Business  /  Published 11.07.20

DHFL fraud pulls down PNB stock

Investors on Friday beat down the Punjab National Bank stock as the bank reported  to the RBI a Rs 3,688cr fraud perpetrated on it by Dewan Housing Finance (DHFL). PNB on Friday said it has alre...
By Our Special Correspondent in New Delhi

Business  /  Published 03.07.20

MSMEs need wide range of support

The government has to take more steps besides lowering the cost of credit to make Indian MSMEs competitive in the global market, according to bankers. Punjab National Bank MD and CEO S.S. Mallikarjun...
By A Staff Reporter in Calcutta

Business  /  Published 29.06.20

PNB to sell real estate

PNB has no plans to sell its non-core assets, including subsidiaries, in the current financial year, managing director of the bank S. S. Mallikarjuna Rao said. However, the bank intends to sell some ...
By PTI in New Delhi


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