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...

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...

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...

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...

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 ...

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...

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...

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...

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 ...

Data on bank frauds for 2017-18, recently released by the Reserve Bank of India, show a sharp jump of 72 per cent from Rs 23,933 crore in 2016-17 to Rs 41,167.7 crore in 2017-18. The number of cases o...