Global Financial Market Review

World - Published date: Friday June 02, 2023.

According to reports the CBI has alleged that IL&FS subsidiary cheated the banks of a total of ₹ 6,524 crore ... Read more

Banking - Published date: Monday February 20, 2023.

Additionally, for FDs maturing between two and three years, the interest rates have been increased by 25 bps to 7% from ... Read more

Banking - Published date: Friday February 17, 2023.

The Delhi-based lender has board approvals in place to raise Rs 12,000 crore in capital in FY23 through bond issuances Read more

Banking - Published date: Tuesday February 07, 2023.

The lenders to the group include big names like the State Bank of India, Bank of Baroda, the Punjab National Bank, Axis ... Read more

Banking - Published date: Monday January 30, 2023.

Bank reports 44.2% decline in Q3 net profit as NPA provisions, costs rise Read more

Banking - Published date: Monday January 30, 2023.

Punjab National Bank has a total exposure of $859.30 million to Adani Group, but there is currently no worry pertaining ... Read more

World - Published date: Thursday September 29, 2022.

PNB currently holds a 10.01% stake in ARCIL. The bank plans to divest its stake in the ARC by December 2022-end. Read more

Banking - Published date: Tuesday April 12, 2022.

The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cess... Read more

Banking - Published date: Monday November 29, 2021.

Open Network for Digital Commerce (ONDC) Ltd is being established with a mandate to develop an open network for digital ... Read more

Banking - Published date: Saturday June 05, 2021.

In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, ... Read more

Banking - Published date: Friday February 05, 2021.

The bank's gross non-performing assets ratio dropped by 44 basis points to 12.99 per cent from 13.43 per cent as of Sept... Read more