Punjab National Bank
Finance
India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta
In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......
Finance
Project Sashakt panel engages with PE funds for AIF as investors seek clarity
A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......
Finance
PNB plans asset sales to revive fortunes after second straight quarterly loss
India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a ......
Finance
UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term
The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as the mutual fund ......
People
PNB fraud: India asks UK to extradite jeweller Nirav Modi
India has asked Britain to extradite billionaire jeweller Nirav Modi, one of the main accused in the $2 billion loan ......
Finance
In Charts: How top NBFCs outpaced biggest banks by asset and profit growth
Last week, VCCircle analysed how India’s 11,500-odd non-banking finance companies have, in the past few years, capitalised...
Finance
PNB MetLife India Insurance files for IPO
PNB MetLife India Insurance Co. Ltd, which is among India’s top 10 life insurers by market share, has filed a ......
Finance
Over 20 Indian banks sign pact for faster bad-loan resolution
More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while ......
Finance
RBI tightens banks' statutory auditor rules
India's central bank on Wednesday tightened rules on banks' statutory auditors saying it reserved the right to not approve appointments ......
People
PNB fraud: Interpol issues notice for jeweller Nirav Modi's arrest
Interpol has issued a red notice request to find and arrest fugitive Indian billionaire jeweller Nirav Modi, who is at ......
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