Bank of India launched special term deposit as part of its upcoming 117th foundation day celebrations in September
Punjab National Bank (PNB) implemented the Positive Pay Confirmation from April 4, 2022, under the PPS framework mandatory for cheques of Rs 10 lakh and above
"Fitch Ratings has revised the Outlook to Stable from Negative on the Long-Term Issuer Default Ratings (IDR) of 9 India-based banks, while affirming their...
Earlier on Wednesday, three state-owned lenders Punjab National Bank, Indian Bank and Bank of India had announced raising their respective repo-based lending...
The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year.
The bank had posted a net profit of Rs 103 crore in the year-ago quarter.
Apart from cardless cash withdrawal and virtual debit cards, the bank has launched a range of other select digital services on its mobile app named PNB One for...
FEL said it had a review period of 30 days from the due date in terms of the RBI circular dated August 6, 2020, and further in terms of the provision of the...
The move comes after the company has revalued itself at Rs 5,257 crore now after the deal with Cube Highways of Singapore failed last year, due to regulatory...
The SWIFT is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.
In December 2021, the parliament was informed that 33 accused in bank fraud cases registered by the Central Bureau of Investigation (CBI) fled the country in...
The CBI on February 7, had registered an FIR against ABG Shipyard after the State Bank of India (SBI) filed a complaint against the shipbuilding firm on August...
Total income during October-December 2021 declined to Rs 22,026.02 crore as against Rs 23,298.53 crore in the year-ago period.
RBI, in its order, stated that the fine on Punjab National Bank was imposed for being in contravention of sub-section (2) of sector 19 of the Banking...
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CyberX9 has claimed that the vulnerability provided access to the entire digital banking system of PNB with administrative control.
The bank had last cut its repo-linked lending rate on September 17 from 6.80 per cent to 6.55 per cent.
The state-owned bank reported a 78 per cent rise in net profit to Rs 1,105 crore for the second quarter ended on September 30 despite a fall in income.
The filing stated that the investment of an equity stake of 12.06 per cent by the bank in NARCL would be reduced to 9 per cent by December 31, 2021.
Nirav Modi, who was declared a 'fugitive economic offender' in December, 2019, and his uncle Mehul Choksi are accused of committing a Rs 14,000 crore scam by...
However, his lawyer said Choksi would continue to remain in hospital as his medical condition ‘deteriorated’.
Choksi allegedly made his employees directors of the firms based in Hong Kong, and was controlling them.
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Modi was arrested on an extradition warrant on March 19, 2019, and has appeared via videolink from Wandsworth Prison for a series of court hearings in the...
The final hearings in the extradition case are scheduled over two days, on January 7 and 8 next year
Nirav Modi is fighting extradition in the estimated US$ 2-billion Punjab National Bank scam case
Top losers in the Sensex pack included Bajaj Finance, ONGC, NTPC, Hero MotoCorp and Maruti, falling up to 8.18 per cent. Yes Bank, HCL Tech and TCS, however,...
