facebook-page-view
Advertisement

Punjab National Bank

Premium
Ares SSG picks up 10% stake in housing finance firm

Finance

Ares SSG picks up 10% stake in housing finance firm

Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up 1.60% stake in ...

Premium
Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former ...

Premium
Smaller ARCs chase bulk deals to step up bad-loan purchases

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 ...

Premium
India Inc's legal costs soar most in four years; Reliance regains top rank

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 ...

Premium
Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this ...

Premium
SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

Healthcare

SBI-led lenders to Calyx Chemicals agree for 95% haircut in takeover bid

State Bank of India and other creditors to Calyx Chemicals & Pharmaceuticals Ltd will get less than ...

Premium
Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled ...

Premium
Why the latest capital infusion into ailing government banks may not help much

Finance

Why the latest capital infusion into ailing government banks may not help much

On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-...

Premium
Are power sector lenders seeing light at the end of the stressed assets tunnel?

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...

Premium
Job crisis: How India's biggest corporate employers fared in recent years

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 ...