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The stock of Punjab National Bank has lost half a billion dollars after a loan fraud of the same amount came to light

Skeletons keep tumbling out of the Punjab National Bank's (PNB) closet and the share price was down…

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3 mins read

8 state-owned banks announce share swap ratios for mergers

A Grievance Redressal Committee headed by Vijay Kumar Vyas, retired judge of Rajasthan High Court,…

PTI   


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10 state-owned banks announce share swap ratios for mergers

A Grievance Redressal Committee headed by Vijay Kumar Vyas, retired judge of Rajasthan High Court, …

PTI   


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2 mins read

Former HDFC Bank CEO Aditya Puri and Carlyle will be among the new owners of PNB Housing Finance triggering an open offer

The board of non-banking lender PNB Housing Finance has approved a fundraising of ₹4,000 crore. For…

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UBI low net worth led to poor swap ratio: Official

According to the swap ratio, 1,150 equity shares ofPNB are to be exchanged for every 1,000 equity s…

PTI   


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PNB Housing Finance shares hit upper circuit six days in a row, but the potential upside could be limited now

Shares of PNB Housing Finance have hit the upper circuit six days in a row, more than doubling inve…

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PNB Housing Finance to raise Rs 2,500 cr through IPO

The returns from the share sale would be principally utilized towards expanding its capital base by…

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PNB Housing Finance board approves Rs 1,700 cr fundraising via QIP

"In addition, the board also considered it advisable, subsequent to the successful closure of the …

PTI   


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MetLife acquire stakes of Elpro and IGE's in PNB MetLife for ₹1,906 crore

According to Elpro, it will receive a sum of about ₹1,424.69 crore while I.G.E. (India) will get…

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2 mins read

Here's a look at top midcap gainers today— PNB Housing, Berger Paints, CG Power, GPT Infraprojects

The overall market has been trading in the green today. Both Sensex and Nifty were up nearly 1% at …

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PNB shares fall 1 pc post Q3 loss

New Delhi, Feb 4 () Shares of Punjab National Bank (PNB) on Tuesday fell 1 per cent after the compa…

PTI   


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2 mins read

SBI and private banks may gain customers from India's government banks' mergers

The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…

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Punjab National Bank's net profit more than doubles to ₹1,127 crore

However, total income during October-December 2021 declined to Rs 22,026.02 crore as against Rs…

PTI   


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Rapper PnB Rock worried about 'bold' armed robbers in LA in interview weeks before his death

"I'm not going to put myself in those situations because I know what happens in those situations," …

Azmi Haroun