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Punjab National Bank

Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance

Finance

Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance

Global private equity major Carlyle’s fundraising deal with PNB Housing Finance (PNBHF) has ...

Punjab National Bank asks arm to reconsider Carlyle deal

Finance

Punjab National Bank asks arm to reconsider Carlyle deal

PNB Housing, India’s fourth-largest mortgage lender by assets, said that its parent company Punjab...

Punjab National Bank to buy stake in bad bank

Finance

Punjab National Bank to buy stake in bad bank

Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-...

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Ares SSG picks up 10% stake in housing finance firm

Finance

Ares SSG picks up 10% stake in housing finance firm

Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up 1.60% stake in ...

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment ...

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former ...

Nifty, Sensex record fourth straight weekly gains

Markets

Nifty, Sensex record fourth straight weekly gains

Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases ...

PNB reports $491 mn Dewan Housing loans as fraud

Finance

PNB reports $491 mn Dewan Housing loans as fraud

Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance ...

PNB expects recoveries worth $1 bn in three months' time

Finance

PNB expects recoveries worth $1 bn in three months' time

State-owned Punjab National Bank (PNB) is expecting recoveries worth Rs 8,000 crore ($1.05 billion ...

Banks weigh Sashakt panel-proposed fund to turn around stressed assets

Finance

Banks weigh Sashakt panel-proposed fund to turn around stressed assets

Indian banks have revived discussions on setting up an asset management company and an alternative ...