Tag: Punjab National Bank

PNB Scam: CBI grants interim bail to Vipul Chitalia

A Special Central Bureau of Investigation (CBI) court here on Friday granted interim bail to Vipul Chitalia, one of the accused in the alleged multi-crore...

PNB Housing-Carlyle deal: PNB Housing, parent firm differ view on Carlyle deal recast

Kolkata: and its parent are on a collision course over pricing and structure of the proposed share sale to buyout firm Carlyle with the former...

SC seeks response of Centre, RBI on plea of PNB against disclosure of info under RTI

The Supreme Court has refused to grant interim stay on the RBI‘s notice asking to disclose information such as defaulters list and its inspection reports...

Vodafone Idea lenders dial Finmin, want relief for telco

A consortium of lenders to (Vi) has sought the finance ministry’s intervention to provide some relief to the cash-strapped operator, raising concerns over the telco’s...

NCLT orders wind up Nakshatra World, a Mehul Choksi companies

The Mumbai chapter of the National Company Law Tribunal (NCLT) ordered the liquidation of Nakshatra World, a subsidiary of , one of the group companies...

Govt mulling measures to bolster governance & HR practices in public sector banks

The government is considering measures to further strengthen corporate governance and human resource practices in nationalised banks through a diversified board structure, strengthening of board-level...

PNB scam: CBI files supplementary chargesheet against ex-official of Gitanjali Group of Companies

The CBI has filed a chargesheet against the former international head of the Gitanjali Group of Companies, Sunil Verma, and others in connection with an...

Dominica Court extends stay on Mehul Choksi’s deportation, allows him to meet lawyers

The Eastern Caribbean Supreme Court (ECSC) on Friday, after taking note of submissions made in the Mehul Choksi‘s habeas corpus petition, restrained Dominican authorities from...

Mehul Choksi: “Missing” Mehul Choksi has stay in his favour from Antigua Court on processing of extradition request: Counsel

Fugitive diamond merchant Mehul Choksi, who is said to have gone missing from Antigua, had a stay on the process of any extradition request in...

This is how you can get the cash delivered

Punjab National Bank (PNB) has reduced the charges of Doorstep Banking for its customers. Now PNB customers will have to pay only ₹50 to get...

SBI, ICICI Bank, PNB warn customers against online fraudsters

In a bid to ensure safety of the hard earned money of its customers, various Indian banks have issued warning messages against the online fraudsters....

Indian banks back in British court to pursue Vijay Mallya bankruptcy order

A consortium of Indian banks led by the (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy...

ED hopeful Nirav Modi won’t get relief from UK courts | India News

NEW DELHI: The Enforcement Directorate is hopeful higher courts in UK will turn down fugitive Nirav Modi’s appeals against the order to extradite him, now...

AG recuses himself from dealing with plea for criminal contempt against justice Katju | India News

NEW DELHI: Attorney General K K Venugopal on Tuesday recused himself from dealing with a plea for initiation of criminal contempt proceedings against former Supreme...

PNB is doing an e-auction of properties. Should you buy?

Do you want to buy a property and are unable to as the market prices are higher? So, here is your chance to buy your...

PNB scam case: UK judge to rule on Nirav Modi extradition case on Thursday

Wanted diamond merchant Nirav Modi, who remains behind bars in a London prison as he contests his extradition to India on charges of fraud and...

indian banks: 2021: The year of capital challenge

Mumbai: When Covid-19 triggered a payment lockdown, it did not discriminate among banks. Both the Bank Nifty and private banks index almost halved, and the...

PNB lowers recast target; expects only Rs 20,000 crore loan book to be restructured

New Delhi: Punjab National Bank (PNB) on Tuesday lowered the debt recast target by 50 per cent to Rs 20,000 crore as there was not...

Finance Ministry: FM Nirmala Sitharaman urges lenders to ease flow of credit to MSMEs

New Delhi: Finance minister Nirmala Sitharaman on Friday prodded public sector banks to expeditiously ensure easier flow of credit to micro, small and medium enterprises,...

Here’s how some banks plan to support exporters, but procedural delays play spoilsport

KOLKATA | MUMBAI: Government-owned lenders such as State Bank of India and Punjab National Bank are working on plans to help exporters, who had hedged...