Punjab National Bank
Infrastructure
Are power sector lenders seeing light at the end of the stressed assets tunnel?
Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......
General
Carlyle eyes stake in SBI Life; Banks, Rakesh Jhunjhunwala bid for IL&FS Securities
US-based private equity giant The Carlyle Group is ahead in the race to pick up a stake in SBI Life ......
General
Cerebrus hires AION exec to head India biz; Suzlon may sell 49% in subsidiary
Two investors are in talks with renewable power solution provider Suzlon Energy to buy up to 49% stake in its ......
Finance
HDFC Bank to acquire Bank of Baroda's stake in Clearing Corporation
HDFC Bank, India’s most valued lender, has agreed to buy state-run Bank of Baroda’s stake in Clearing Corporation...
Finance
PNB MetLife India Insurance gets SEBI nod to float IPO
PNB MetLife India Insurance Co. Ltd, which is among India’s top 10 life insurers by market share, has received regulatory...
Finance
PNB posts third straight quarterly loss on fraud-related provisions
Punjab National Bank (PNB) reported a third straight quarterly loss on Friday as it set aside more money to account ......
General
PNB, Carlyle shelve plan to sell stake in PNB Housing Fin; Nykaa may raise funds
Public sector lender Punjab National Bank and private equity firm The Carlyle Group have shelved their plans to sell stake ......
General
Job crisis: How India's biggest corporate employers fared in recent years
In 2014, the Bharatiya Janata Party and its leader Narendra Modi promised to create 100 million new jobs if voted ......
Finance
Law firm Cyril Amarchand under scrutiny in PNB fraud probe
India’s largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by federal agents after they seized documents...
General
NIIF eyes IDFC Infrastructure Finance; PNB Housing gets seven suitors
The National Investment and Infrastructure Fund (NIIF) is in advanced discussions to acquire IDFC Infrastructure Finance for around...
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