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

1 week 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

2 weeks 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 ... ...

CBI: PNB official got Rs 1cr bribe in cheque

2 weeks ago
Mumbai: In the second chargesheet submitted in the Punjab National Bank (PNB) fraud case, the CBI has alleged that the bank's retired deputy manager Gokulnath Shetty had received Rs1 crore as illegal gratification for being part of the conspiracy. ... ...

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