Punjab Sind-bank

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Punjab Sind-bank - Total results - 14
Punjab & Sind Bank shares drop over 6% after lender flags Rs 238-cr fraud by Bhushan Power and Steel
Business

Punjab & Sind Bank shares drop over 6% after lender flags Rs 238-cr fraud by Bhushan Power and Steel

Shares of Punjab & Sind Bank on Thursday fell over 6 percent after the lender reported over Rs 238-crore fraud by Bhushan Power and Steel (BPSL)

In the Malwa region of Punjab, banks behave like petty moneylenders
Business

In the Malwa region of Punjab, banks behave like petty moneylenders

Banks in Punjab's Malwa region have come under pressure from the state government to go easy on farmers who are unable to service their loans

CBI probes Delhi-based Surya Pharmaceuticals for defrauding Punjab & Sind Bank for Rs 621 cr
Business

CBI probes Delhi-based Surya Pharmaceuticals for defrauding Punjab & Sind Bank for Rs 621 cr

The police acted following a complaint from the Punjab & Sind Bank against Surya Pharmaceuticals, its two promoters and a Dubai-based company, alleging they had defrauded the banks and siphoned off funds through group companies

UCO Bank sends notice to Kingfisher Airlines, asks why it shouldn't be classified as wilful defaulter
Corporate

UCO Bank sends notice to Kingfisher Airlines, asks why it shouldn't be classified as wilful defaulter

The bank has given the airline time to reply on why it should not be declared a 'wilful defaulter'.

Trouble mounts for Vijay Mallya: Now SBI slaps wilful defaulter notice on KFA
Corporate

Trouble mounts for Vijay Mallya: Now SBI slaps wilful defaulter notice on KFA

SBI, which is the lead bank of a lender consortium to the crippled carrier, has an exposure of over Rs 1,600 crore

Wilful defaulter tag: Angry Mallya says United Bank is making him a 'bakra'
Corporate

Wilful defaulter tag: Angry Mallya says United Bank is making him a 'bakra'

Mallya hit back at the lender saying the bank had declared him a willful defaulter "without a hearing".

United Bank's wilful defaulter tag is the final nail in Kingfisher Airlines' coffin
Economy

United Bank's wilful defaulter tag is the final nail in Kingfisher Airlines' coffin

Once the company is given the tag of a wilful defaulter, neither the firm nor its promoters, can ever go back to banks or other financial institutions in that country to seek another loan.

Union Bank of India files caveat in SC against Kingfisher Airlines
Corporate

Union Bank of India files caveat in SC against Kingfisher Airlines

UBI had identified Vijay Mallya as a wilfuldefaulter and asked him to appear before the bank's panel tohear him out before declaring him as a wilful defaulter.

Payment default case: Delhi HC allows lawyers to represent Kingfisher Airlines
Corporate

Payment default case: Delhi HC allows lawyers to represent Kingfisher Airlines

The court has also told PNB to furnish relevant documents to Kingfisher

Banks initiate process of declaring Kingfisher Airlines a wilful defaulter, says govt
Corporate

Banks initiate process of declaring Kingfisher Airlines a wilful defaulter, says govt

Once declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company.<br />

Kingfisher Airlines withdraws SC plea against Karnataka High Court order
Corporate

Kingfisher Airlines withdraws SC plea against Karnataka High Court order

The Airlines had moved the Supreme Court challenging the high court's January 29 verdict that allowed a consortium of banks to take possession of Kingfisher House.<br />

Realty companies need a reality check to brighten their Diwali
Business

Realty companies need a reality check to brighten their Diwali

Despite expectations that the festive season will bring in the much required demand, it seems like the DLFs and Unitechs of India are not in any revival mode.

HCL Infosystems Bags Project From Punjab & Sind Bank
Biztech

HCL Infosystems Bags Project From Punjab &amp; Sind Bank

HCL Infosystems selected as partner of Punjab &amp; Sind Bank&#039;s Financial Inclusion Project.

Wipro, Punjab & Sind Bank Sign 10-Year IT Outsourcing Contract
Biztech

Wipro, Punjab &amp; Sind Bank Sign 10-Year IT Outsourcing Contract

Anand Sankaran, SVP &amp; Head, India &amp; Middle East Business of Wipro, talks about the various facets that the PSB deal encompasses.