Punjab National Bank
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...
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...
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 ......
Markets
Nifty, Sensex slump 2% after dismal growth data
Indian shares plunged 2% on Tuesday in a broad-based selloff, as investors fretted over data that showed the economy grew ......
Finance
Govt unveils big-bang plan to merge state-run banks
The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......
Markets
Sensex, Nifty down this week on US-China trade conflict, global recession fears
Indian shares ended a tick higher on Friday, powered by gains in banking stocks, but finished lower for the week ......
Finance
Why India's $86-bn bank rescue effort isn't enough to ease the distress
It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned...
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