PNB

PNB scam: Nirav Modi's extradition trial resumes in UK court

The hearings this week are ear-marked to complete those arguments after the Indian government had submitted additional 'corroboratory evidence'.

published on : 7th September 2020

PNB scam: Nirav Modi extradition trial to resume in UK court on September 7

District Judge Samuel Goozee has directed Modi's appearance from a room in Wandsworth Prison in south-west London with social distancing norms in place.

published on : 7th September 2020

About 5-6% of loan book may be in for recast, says PNB MD

The central bank had allowed one-time  restructuring of corporate and personal loans to help entities amid the Covid-19 pandemic.

published on : 25th August 2020

No need to approach govt for capital; bank to raise funds from market: PNB MD

Shares of the bank were hovering around Rs 65 level during the last week of August 2019 as compared to Rs 35.30 on Monday on the BSE.

published on : 24th August 2020

PNB Housing Finance Q1 net profit falls 10 per cent to Rs 257 crore on lower disbursements

Total borrowings stood at Rs 67,283 crore as on June 30, 2020 compared to Rs 72,261 crore a year ago, registering a decline of 7 per cent during the period.

published on : 23rd July 2020

Scandal-hit Punjab National Bank reports Rs 3,688 crore borrowal fraud

After alleged violations in the company came to light last year, various agencies, including SFIO, had initiated probe.

published on : 10th July 2020

Fell short of mandatory borrowing through debt securities: PNB Housing Finance

The mandatory borrowing to be done through issuance of debt securities was Rs 5,467.5 crore, but the company’s actual borrowing under this head stood at Rs 3,000 crore.

published on : 14th June 2020

PNB money laundering case: Nirav Modi remanded in custody till July 9 by UK court

Modi had been following the court proceedings from a room at Wandsworth Prison and could be seen taking notes during the course of the trial.

published on : 11th June 2020

PNB collected Rs 268 crore as ATM transaction charges, annual maintenance fee in FY20

The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards.

published on : 10th June 2020

PNB Housing Finance board approves Rs 1,700 crore fundraising via qualified institutions placement

PNB Housing promoter Punjab National Bank and Carlyle Group are to sell at least 51 per cent stake in the housing finance company.

published on : 3rd March 2020

PNB reports Rs 492 crore loss for Q3 on higher provisioning for NPAs

Total income during the quarter under review was at Rs 15,967.49 crore as against Rs 14,854.24 crore in the year-ago same period, PNB said in a regulatory filing.

published on : 4th February 2020

PNB fraud case: Nirav Modi to appear for remand hearing in UK

Nirav Modi had made a last-ditch bail application in November last year with an "unprecedented" house arrest guarantee, akin to those imposed on terrorist suspects.

published on : 30th January 2020

1.28 kg of stolen valuables in PNB heist recovered

Police have now recovered jewellery weighing 1.28 kg, Rs 1.10 lakh in cash and a two-wheeler from Murugan, the mastermind behind the Lalithaa Jewellery and PNB heists.

published on : 14th January 2020

PNB shares fall over 2 per cent after RBI flags under-reporting of NPAs

Shares of PNB dropped 2.48 per cent to trade at Rs 62.85 on the BSE. The stock declined 2.40 per cent to Rs 62.90 on the NSE.

published on : 16th December 2019

PNB under-reported bad loans by Rs 2,617 crore in FY19: RBI report

The divergence assessed by the RBI in net NPAs was also Rs 2,617 crore for the fiscal. Also, the divergence in provisioning for bad loans in FY19 was to the tune of Rs 2,091 crore.

published on : 15th December 2019
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