Bhushan Steel resolution effect: PNB sees Rs 7.35 bn boost in profits

5 days ago
Punjab National Bank (PNB), which saw the highest net loss by any bank in a quarter at Rs 134 billion during JanuaryMarch, believes the insolvency resolution at Bhushan Steel will have a positive impact on profits to the tune of Rs 7.35 billion in the ... ...

PNB Housing Finance more valuable than parent PNB

1 week ago
PNB Housing Finance is now more valuable than its parent Punjab National Bank which has seen its market capitalisation shrink considerably after being hit by the USD 2 billion fraud carried out allegedly by Nirav Modi. At the close of trade today, the S ... ...

PNB Scam: Two bank execs removed; Allahabad Bank chief to step down

2 weeks ago
Two top officials of Punjab National Bank were removed from its board after the Central Bureau of Investigation (CBI) found their involvement in the Rs 140 billion fraud related to group of companies belonging to Nirav Modi and Mehul Choksi. PNB ... ...

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