Latest News on Pnb
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Pnb - Total results - 394
Nov 16, 2018
CBI registers disproportionate assets case against retired PNB official accused in Nirav Modi scamGokulnath Shetty was arrested by the Central Bureau of Investigation (CBI) in February this year after the banking fraud involving billionaire jewellers Nirav Modi and Mehul Choksi surfaced.
Nov 14, 2018
Carlyle group withdraws from 51% joint stake sale with PNB in PNB Housing FinancePNB and Carlyle Group via its investment vehicle Quality Investment Holdings (QIH) in July had said that they will jointly sell their stakes in PNB Housing Finance.
Nov 06, 2018
PNB fraud case: ED arrests Mehul Choksi's associate Deepak Kulkarni in Kolkata in money laundering probeKulkarni was linked to the overseas businesses of Mehul Choksi, one of the main accused in the case, and the ED had notified a Look-out Circular (LoC) against him, the officials said.
Nov 05, 2018
PNB Housing Finance Q2 net profit up 33% at Rs 253 cr; total income jumps 42% to Rs 1,808 crThe gross non-performing assets (NPA), as on 30 September, 2018, of PNB Housing Finance, is 0.45 percent as against 0.34 percent as on 30 September, 2017
Nov 02, 2018
PNB posts Rs 4,532 cr net loss in September quarter as provision for bad loans triple to Rs 7,733 crIts total income during the September quarter of 2018-19 declined to Rs 14,035.88 crore as against Rs 14,205.31 crore in the year-ago period, PNB said in a BSE filing.
Oct 30, 2018
RBI vs Narendra Modi government: Public spat won’t help, but India’s best bet is not to mess with its central bankAlmost every RBI governor, be it Y V Reddy or D Subbarao, have pitched for central bank autonomy in public forums inviting the wrath of the government of the day.
Oct 22, 2018
PNB Housing Finance raises Rs 1,775 crore through issue of commercial papers to mutual funds, banksPunjab National Bank (PNB) holds 32.79 percent stake in PNB Housing Finance, another 32.36 percent holding is with Carlyle Group through its investment arm Quality Investment Holdings.
Oct 18, 2018
Absconding industrialist Vinay Mittal wanted in Rs 40 cr bank frauds extradited from Indonesia, says CBIThe CBI had registered cases against Mittal in 2014 and 2016 on the request of Corporation Bank and Punjab National Bank (PNB), which is reeling under Rs 13,000 crore bank fraud allegedly perpetrated by Nirav Modi and Mehul Choksi, they said.
Oct 17, 2018
PNB loan fraud case: ED attaches assets worth over Rs 218 cr of Mehul Choksi and other accusedThe ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Brady House branch of the Punjab National Bank (PNB) in Mumbai to the tune of about $2 billion (over Rs 13,000 crore) in alleged connivance with officials.
Oct 15, 2018
Punjab National Bank plans to sell non-core assets of over Rs 8,000 cr in current fiscalThe country's second largest public sector lender Punjab National Bank (PNB) has identified various assets, including its housing finance arm, for sale and hopes to realise Rs 8,600 crore from these non-core assets during the current fiscal.