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PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life
New Delhi, Feb 3 () State-owned Punjab National Bank is seeking IRDAI forbearance on cutting down s…
PTI
CBI books Hyderabad-based infra firm IVRCL for defrauding eight public banks for ₹4,837 crore
He said that in the complaint, it was alleged that the borrower company represented by its D…
Canara Bank 'cheated' of Rs 174.89 Cr: CBI searches premises of Punjab Basmati Rice Ltd in Amritsar
New Delhi, Jul 2 () The CBI carried out searches on Thursday at the premises of Punjab Basmati Rice…
PTI
Canara Bank 'cheated' of Rs 174,89 Cr: CBI searches premises of Punjab Basmati Rice Ltd in Amritsar
The searches took place at the premises of the company office and accused directors Kulwinder Singh…
PTI
Govt gives two-year extension to Union Bank of India MD
With the extension of the term, he will continue as the MD of the bank till the superannuation - th…
PTI
Merged PSBs to ensure no disruption to credit flow, enhanced customer experience: FinMin
Following the merger, Punjab National Bank will become the country's second largest bank, with bus…
PTI
RBI authorises Union Bank to undertake primary dealership business departmentally from Apr 1
"This is pursuant to the amalgamation of Corporation Bank into Union Bank in terms of the amalgama…
PTI
India needs 4-5 more SBI sized banks, says Nirmala Sitharaman
India needs a lot more banks and a lot more large sized ones to meet the growing needs of the count…
PNB, Union Bank get in-principal nod from govt for proposed merger
New Delhi, Nov 18 () Punjab National Bank and Union Bank of India on Monday said they have received…
PTI
Amalgamation of 10 PSBs into 4 from April 1: FM Sitharaman
"Sticking to the April 1, 2020 deadline, banks are fully on board. The Cabinet may have given the …
PTI
Union Bank creates new organisational structure with 18 zonal offices
Post the amalgamation, Union Bank has become the fifth largest public sector bank. It now has more …
PTI
Govt unlikely to announce capital infusion for PSU banks in Budget
New Delhi, Jan 5 () The government is unlikely to announce capital infusion for the public sector b…
PTI
Merger process major challenge for PSBs in near future: SBI chief
The four new set of proposed mergers included Punjab National Bank, Oriental Bank of Commerce and …
PTI
Mega bank merger marks new dawn for Indian banking space: FinMin
"We don't foresee any problem it is going as per the plan. We have reviewed in the light of this s…
PTI
Banks' merger to come into effect from Apr 1, says Sitharaman
United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank; Syndic…
PTI
Allahabad Bank into sunset after getting merged with Indian Bank
She also said all the deposit and loan products,including access to Indian Bank's emergency credit …
PTI
PNB says no proposal for changing bank's name
"We have requested Finance Minister that the name of the new bank to be created after amalgamation…
PTI
Allow co-operative, pvt, foreign banks employees to use suburban trains as well: Unions
There are limitations on carrying capacity for the buses run by the Brihanmumbai Electric Supply an…
PTI
Govt closely monitoring coronavirus impact on economy: FM
Last year in August, the government announced merger of 10 public sector banks into four. United Ba…