Punjab National Bank
Consumer
Jeweller Nirav Modi's bankrupt US firm draws strong interest from buyers
Potential buyers have expressed strong early interest in a bankrupt U.S. firm of jeweller Nirav Modi, who has been accused ......
General
Nirav Modi case: Cyril Amarchand office raided by CBI
The Central Bureau of Investigation had searched the Mumbai office of law firm Cyril Amarchand Mangaldas last week for documents ......
Markets
Bank stocks drag Sensex, Nifty lower; PNB down 12%
Indian shares ended lower on Tuesday, dragged by bank stocks as uncertainties around state-run banks hit risk appetite.Punjab National Bank ......
Finance
PNB says bank fraud now estimated at nearly $2 bn
India’s Punjab National Bank (PNBK.NS) said late on Monday that the amount of fraudulent transactions involving the bank could go ......
Finance
PNB says it can recover from India's largest-ever loan fraud as shares slide
Punjab National Bank, India’s second-largest state-run lender, said on Thursday it has the capability and capacity to recover after uncovering ......
Finance
Punjab National Bank detects fraudulent transactions worth $1.77 bn
State-run Punjab National Bank (PNB) said on Wednesday it had detected some “fraudulent and unauthorised” transactions worth about $1.77 billion ......
Economy
Indian govt to inject $14 bn into 20 public sector banks by March-end
India on Wednesday unveiled details of a recapitalisation plan, pledging to inject nearly $14 billion into twenty lenders this fiscal ......
Finance
Punjab National Bank to sell stake in mutual fund JV to Principal Financial
Investment manager Principal Financial Group Inc said on Tuesday it would purchase Indian lender Punjab National Bank’s minority stakes in ......
Finance
Punjab National Bank raises $777 mn via share sale
Punjab National Bank has raised 50 billion rupees ($777 million) from a share sale to institutional investors, sources with direct ......
Finance
Punjab National Bank to sell 6% stake in housing finance arm
India’s second-largest lender by assets Punjab National Bank Ltd will sell 6% stake in its housing finance arm through an ......
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