Punjab National Bank
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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-...
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...
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 ...
