punjab national bank

 

Dues of PNB's big wilful defaulters rise to Rs 15,490 cr

Jun 17 2018

Wilful defaulters borrowing Rs 25 lakh and above owed more than Rs 15,490 crore to PNB as of May end, up 2 per cent from the preceding month.

Fitch downgrades PNB viability rating on deteriorating credit profile

Jun 04 2018

Fitch Ratings today downgraded viability rating of fraud-hit Punjab National Bank, citing significant deterioration in its credit profile and oversight gaps.

PSU bank stocks in demand; gain up to 5%

May 21 2018

The scrip of Bank of India soared 5.31 per cent, Punjab National Bank 4.62 per cent, Union Bank of India 4.38 per cent and Bank of Maharashtra 3.03 per cent.

CBI likely to approach Interpol for notice against Nirav Modi

May 20 2018

CBI likely to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi

Wilful defaults by PNB's big borrowers slip further to Rs 15,200cr

May 20 2018

PNB saw wilful defaults by big borrowers slipping further to Rs 15,199.57 crore in April this year over the previous month.

HC quashes PNB scam accused's arrest for breach of sunset rule

May 18 2018

Bombay High Court declared the arrest of Kavita Mankikar, an accused in the Punjab National Bank scam, as illegal, as she was taken into custody after sunset.

PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout

May 16 2018

Shares of PNB slumped around 14 per cent, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18.

PNB shares tank over 6% on disappointing Q4 show

May 15 2018

Shares of PNB today fell by 6% after the company posted largest ever quarterly loss of Rs 13,416.91 cr. The stock went down by 3.80 per cent to end at Rs 86 on BSE.

CBI files charge sheet in Nirav Modi case, names PNB ex chief

May 14 2018

CBI filed its first charge sheet in PNB case, detailing the alleged role of the bank's former chief Usha Ananthasubramanian, officials said.

PNB scam: ED's no to share Nirav, Mehul's seized assets' details

May 06 2018

ED has refused to disclose under the RTI Act the assets of Nirav Modi and Mehul Choksi seized during its probe into the over $2 billion scam in PNB.

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Stocks In News

 

ICICI BANK

Minority investors divided over changes at ICICI bank

Fund managers seek clarity on governance & leadership for investment decisions

Kochhar's fully paid leave raises questions

Proxy advisory firm raises questions on remuneration

Mint Report

IIFL

Will issue 5.1% equity shares worth Rs 746 Cr to investors, priced at Rs 1,661/sh

IIFL's wealth management business valued at Rs 14,600 Cr

Investors include Amansa holdings, General Atlantic Singapore & HDFC Standard Life

CIPLA

Gets final USFDA approval for Generic Sustiva

U.S. Sales stood at approximately $105 Mn in a 12 month period, ending in April 2018

KANSAI NEROLAC

Nerolac to enter share purchase agreement with RAK paints in Bangladesh

Will acquire 55% paid up equity share capital in RAK paints for Rs 45.8 Cr

Acquisition to be complete by 31st July 2018

UPL

UPL consortium said to be in talks to buy platform's agri pesticide unit Arysta Lifescience

UPL to team up with Abu Dhabi investment authority for Arysta Lifescience

UPL group's talks for Arysta Lifescience unit said to be in advanced stages

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