Punjab National Bank
Finance
Why the govt's lending push could come back to bite the banking sector
Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of ......
Finance
SBI to trim stake in UTI Mutual Fund via IPO
Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......
Finance
CBI set to file fresh charges in $2 bn Punjab National Bank fraud case
The Central Bureau of Investigation will soon file fresh charges in the $2 billion Punjab National Bank (PNB) fraud case ......
Finance
CBI registers 42 new bank fraud cases totalling $1 bn
India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......
Economy
Slowing Indian bank lending overshadows economic rebound hopes
Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......
General
Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months
Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......
Finance
Smaller ARCs chase bulk deals to step up bad-loan purchases
Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of ......
Finance
India Inc's legal costs soar most in four years; Reliance regains top rank
India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore ($2.7 ......
General
Grapevine: Carlyle, General Atlantic may invest more in PNB Housing
Private equity firms Carlyle and General Atlantic are likely to increase their stake in PNB Housing Finance Ltd, a media ......
