Punjab National Bank cuts rate on home loan above Rs 50 lakh by 0.5%; RLLR by 0.25%

Further, it will offer top-up home loans at an attractive rate of interest to existing as well as balance transfer cases.

published on : 17th September 2021

Punjab National Bank's board approves raising Rs 6,000 crore

Punjab National Bank on Friday said its board has approved raising up to Rs 6,000 crore by issuing bonds.

published on : 10th September 2021

Customers beware! Punjab National Bank warns about fake portal created by fraudsters

In the wake of the COVID-19 pandemic, banks have started providing most of their services online. In such a scenario, it is important to know if the information one comes across is legit.

published on : 21st August 2021

PNB scam accused Vipul Chitalia gets bail for attending family ceremony

Vipul Chitalia, arrested in March 2018 in connection with the scam in which diamond traders Nirav Modi and Mehul Choksi are the prime accused.

published on : 12th August 2021

PNB Housing Finance plans Rs 35,000 crore debt capital as Carlyle deal hangs fire

PNB Housing Finance said in a regulatory filing on Wednesday that the company will seek shareholders' nod in its AGM on September 3, 2021.

published on : 11th August 2021

India, UK review permission granted to Nirav Modi to appeal against extradition

On Monday, High Court judge Martin Chamberlain granted Modi permission to appeal against a Westminster Magistrates' Court order in favour of extradition to India on mental health grounds.

published on : 10th August 2021

PNB Housing Finance-Carlyle deal in limbo as SAT delivers split verdict

Sebi ought to stop the voting at the EGM, saying it was necessary for shareholders to get the correct valuation at which investors led by the Carlyle Group would acquire shares and management control.

published on : 10th August 2021

SAT delivers split verdict on PNB Housing Finance-Sebi tussle; deal with Carlyle Group in limbo

The two-member SAT bench of Justice Tarun Agarwala and Justice M T Joshi has delivered a split verdict on the matter.

published on : 9th August 2021

CCI okays Carlyle-led deal with PNB Housing Finance

The regulator has asked PNB Housing not to go ahead with the deal until it undertook the valuation of its shares by an independent agency.

published on : 5th August 2021

Banks concerned over no clarity in telecom sector, says PNB MD

Even SBI chairman has stated that banks will probably not be willing to fund telecom companies in the absence of clarity, he added.

published on : 4th August 2021

Nirav Modi's extradition appeal in UK highlights suicide, COVID risks in Mumbai's Arthur Road Jail

Crown Prosecution Service barrister Helen Malcolm argued against permission to appeal by reiterating that the expert evidence on Nirav's mental health has not been disputed.

published on : 21st July 2021

PNB scam: Mehul Choksi's aide Dhanesh Sheth gets bail

Sheth was named as an accused in a supplementary charge sheet filed by the Central Bureau of Investigation in the case earlier this year.

published on : 13th July 2021

Dominica HC allows Mehul Choksi to return to Antigua on bail for treatment: Local media

The high court has granted a consent order permitting Choksi to go to Antigua, where he has been staying as a citizen since 2018 after he left India.

published on : 12th July 2021

PNB asks housing financing arm to consider restructuring of Rs. 4,000 crore Carlyle deal

PNB Housing Finance said it received a letter from PNB on July 4 and subsequent to that the board of the company met on July 5 and 6, 2021.

published on : 7th July 2021

Mehul Choksi moves Dominica High Court to quash proceedings against him

The case was filed against the immigration minister of the Caribbean nation, its police chief and the investigating officer of the case.

published on : 7th July 2021
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