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punjab national bank

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HDFC Bank is well above minimum regulatory requirements.(REUTERS)

HDFC Bank to raise 50,000 cr via bonds

By Shayan Ghosh, Mumbai
PUBLISHED ON APR 15, 2021 01:37 AM IST
  • This comes a couple of days after RBI governor Shaktikanta Das met bank chiefs and emphasised the need for raising adequate capital for strengthening balance sheets.
A UK-incorporated bank, PNB (International) is a wholly owned subsidiary of PNB India. It has seven branches in London and elsewhere in the UK.(Reuters file photo)
A UK-incorporated bank, PNB (International) is a wholly owned subsidiary of PNB India. It has seven branches in London and elsewhere in the UK.(Reuters file photo)

PNB SO results 2020 declared at pnbindia.in, here's direct link to check

By hindustantimes.com | Edited by Akhilesh Nagari, Hindustan Times, New Delhi
PUBLISHED ON JAN 14, 2021 01:08 PM IST
  • Candidates who have appeared in the PNB SO exam 2020 can check their result online at pnbindia.in.
A file picture of Indian jewellery designer Nirav Modi at his office in Lower Parel, Mumbai.(Aniruddha Chowdhury/Mint)
A file picture of Indian jewellery designer Nirav Modi at his office in Lower Parel, Mumbai.(Aniruddha Chowdhury/Mint)

UK court to deliver judgement on Nirav Modi extradition on Feb 25

Hindustan Times, London | By Prasun Sonwalkar , edited by Vinod Janardhanan
UPDATED ON JAN 08, 2021 11:37 PM IST
Claire Montomery, Modi’s lawyer, and Helen Malcolm of the Crown Prosecution Service representing India, quoted from emails, witness statements, bank and other documents, and presented their versions on issues such as prison conditions, mental health treatment facilities and the possibility of a Modi receiving a fair trial, if extradited.
Nirav Modi Indian jewellery designer at his office in Lower Parel, in Mumbai.(Aniruddha Chowdhury/ Mint/ File)
Nirav Modi Indian jewellery designer at his office in Lower Parel, in Mumbai.(Aniruddha Chowdhury/ Mint/ File)

Nirav Modi’s UK jail remand extended again

Hindustan Times, London | By Prasun Sonwalkar
UPDATED ON DEC 01, 2020 05:39 PM IST
The remand needs to be extended every 28 days, which means he will remain in the Wandsworth jail in west London at least until December 29, when it is likely to be extended again
An LPG cylinder delivery person in Patna, Bihar, India on Friday October 23, 2020. (Photo by Santosh Kumar/ Hindustan Times)
An LPG cylinder delivery person in Patna, Bihar, India on Friday October 23, 2020. (Photo by Santosh Kumar/ Hindustan Times)

From RTGS to PNB’s cash withdrawal, new rules that will come into effect from December 1

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Karan Manral
UPDATED ON DEC 01, 2020 08:18 AM IST
A set of new rules come into effect at the beginning of every month. These rules, more often than not, directly impact a common man’s life.
PNB SO admit card 2020.(Screengrab)
PNB SO admit card 2020.(Screengrab)

PNB SO admit card 2020 released at pnbindia.in, here’s direct link to download hall ticket

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Akhilesh Nagari
UPDATED ON NOV 12, 2020 01:21 PM IST
PNB SO admit card 2020: Candidates who have registered for the PNB SO recruitment examination can download their admit card online at pnbindia.in on or before November 22, 2020.
The country’s second largest state-owned lender expects the credit growth to pick up slightly in the second half but it would be less than 5% for the entire fiscal(REUTERS)
The country’s second largest state-owned lender expects the credit growth to pick up slightly in the second half but it would be less than 5% for the entire fiscal(REUTERS)

PNB plans to raise Rs 7000 crore from QIP in December, credit growth to be less than 5%

New Delhi | By Press Trust of India | Posted by Nilavro Ghosh
PUBLISHED ON NOV 03, 2020 02:56 PM IST
With this fund mobilisation, capital-to-risk-weighted assets ratio, which was at 12.8% at the end of September 2020 quarter, would go up to 13.5-14%.
Former Supreme Court judge Markandey Katju.(Hindustan Times)
Former Supreme Court judge Markandey Katju.(Hindustan Times)

Former Supreme Court judge Katju to depose in Nirav Modi extradition trial today

Hindustan Times | By HT Correspondent
UPDATED ON SEP 11, 2020 02:48 AM IST
Nirav Modi, an accused in the USD 2 billion Punjab National bank Fraud case, is contesting extradition charges initiated by India in the UK.
A red notice has been issued to Nirav Modi’s wife by the Interpol.(File Photo)
A red notice has been issued to Nirav Modi’s wife by the Interpol.(File Photo)

Interpol issues red notice against Nirav Modi’s wife on ED’s request in connection with money laundering case

Hindustan Times, New Delhi | By hindustantimes.com | Edited by: Amit Chaturvedi
UPDATED ON AUG 25, 2020 02:26 PM IST
The Enforcement Directorate had named Ami Modi as an accused in the PNB money-laundering case for the first time in March last year.
The special court had in December 2019 declared Nirav Modi a “fugitive economic offender” as contemplated under the 2019 Act.
The special court had in December 2019 declared Nirav Modi a “fugitive economic offender” as contemplated under the 2019 Act.

Nirav Modi’s son moves HC, challenges confiscation of trust properties

Hindustan Times, Mumbai | By Kanchan Chaudhari
UPDATED ON JUL 29, 2020 07:49 PM IST
On June 8, the special court for trying offenders under the Prevention of Money Laundering Act (PMLA), 2002, had ordered the confiscation of Nirav Modi’s movable and immovable properties that are estimated to be worth about Rs 1,396 crore.
Nirav Modi
Nirav Modi

ED confiscates Nirav Modi’s assets valued at Rs 329 crore

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUL 09, 2020 12:37 AM IST
Nirav Modi, whose extradition is being pursued legally by India, is currently lodged in London’s Wandsworth jail since his arrest in March 2019.
Congress leader Kamal Nath’s nephew Ratul Puri has been named in a new Punjab National Bank fraud FIR filed by the CBI.(Mint)
Congress leader Kamal Nath’s nephew Ratul Puri has been named in a new Punjab National Bank fraud FIR filed by the CBI.(Mint)

CBI teams, complete with PPE kits, raid Ratul Puri in new Rs 780 cr bank loan case

Hindustan Times, New Delhi | By Neeraj Chauhan
UPDATED ON JUN 26, 2020 02:29 PM IST
The fresh FIR filed by CBI is its second case against Ratul Puri.He was named in a Rs 354 crore bank fraud case in August last year
Nirav Modi was remanded in further custody until July 9 as part of the regular 28-day “call-over” hearing.(Aniruddha Chowdhury/Mint)
Nirav Modi was remanded in further custody until July 9 as part of the regular 28-day “call-over” hearing.(Aniruddha Chowdhury/Mint)

Nirav Modi remanded in custody till July 9 by UK court

London, United Kingdom | By Press Trust of India | Posted by: Shivani Kumar
UPDATED ON JUN 11, 2020 03:38 PM IST
Nirav Modi, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year, appeared via videolink for the remand hearing at Westminster Magistrates’ Court in London.
A man reads a newspaper outside a branch of Punjab National Bank (PNB) in Ahmedabad, India, March 20, 2018.(REUTERS)
A man reads a newspaper outside a branch of Punjab National Bank (PNB) in Ahmedabad, India, March 20, 2018.(REUTERS)

Have opened emergency credit line for MSMEs, eased working capital norms: PNB

New Delhi | By Press Trust of India
PUBLISHED ON MAY 06, 2020 10:44 PM IST
There is a facility of standby line of credit for MSMEs as well as PNB COVID-19 Emergency Credit Facility (PNB-CECF), the bank said.
Nirav Modi(Aniruddha Chowdhury/Mint)
Nirav Modi(Aniruddha Chowdhury/Mint)

Nirav Modi’s brother offers to help ED in PNB fraud case

Hindustan Times, New Delhi | By Neeraj Chauhan
UPDATED ON APR 18, 2020 10:25 AM IST
Antwerp-based Neeshal has been charged by both the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) in the PNB fraud case along with Nirav, their uncle Mehul Choksi and others.
Arun Kumar Sharma, the victim.(Gurpreet Singh/ HT)
Arun Kumar Sharma, the victim.(Gurpreet Singh/ HT)

65-year-old bizman loses 3.25 lakh to snatchers at Feroze Gandhi Market in Ludhiana

Hindustan Times, Ludhiana | By HT Correspondent, Ludhiana
UPDATED ON FEB 15, 2020 10:44 PM IST
65-year-old was going to deposit cash in bank when duo on bike pushed him, fled with his bag
MF Husain’s The Battle of Ganga and Jamuna will go on the block on February 27.
MF Husain’s The Battle of Ganga and Jamuna will go on the block on February 27.

Nirav Modi’s assets to be auctioned; Gaitonde painting, Hermès bags on the block

Hindustan Times, Mumbai | By HT Correspondent, Mumbai
UPDATED ON JAN 22, 2020 07:20 PM IST
Luxury cars, watches and other works by master artists will feature at Saffronart events being held in February and March on the direction of the Enforcement Directorate.
Jagdish Khattar(Photo: Facebook)
Jagdish Khattar(Photo: Facebook)

CBI files loan fraud case against Jagdish Khattar, ex-Maruti chief; raids house

Hindustan Times, New Delhi | By Neeraj Chauhan
UPDATED ON DEC 24, 2019 03:54 PM IST
The federal investigating agency named Khattar as one of the accused in its First Information Report filed on Friday, 20 December.
Fight broke out between players at Nehru Hockey final.(Screengrab)
Fight broke out between players at Nehru Hockey final.(Screengrab)

Huge brawl breaks out between Punjab Police, PNB during Nehru hockey final - WATCH

New Delhi | By HT Correspondent
UPDATED ON NOV 25, 2019 11:47 PM IST
The brawl started while PNB was on the attack inside the Punjab Police circle. Both teams were locked at 3-3 at that point of time.
New Delhi: Finance Minister Nirmala Sitharaman addresses a press conference in New Delhi, Wednesday, Nov. 6, 2019. (PTI Photo/Vijay Verma)(PTI11_6_2019_000199B)(PTI Photo)
New Delhi: Finance Minister Nirmala Sitharaman addresses a press conference in New Delhi, Wednesday, Nov. 6, 2019. (PTI Photo/Vijay Verma)(PTI11_6_2019_000199B)(PTI Photo)

India’s state-run banks report $13 billion frauds in 6 months: Sitharaman

New Delhi | By Reuters
UPDATED ON NOV 19, 2019 06:25 PM IST
‘Government has taken comprehensive measures to curb the incidence of fraud in banks,’ Nirmala Sitharaman, India’s finance minister told the upper house of parliament.
Punjab National Bank is the transferee bank and Oriental Bank of Commerce and United Bank of India as transferor banks.(REUTERS Photo)
Punjab National Bank is the transferee bank and Oriental Bank of Commerce and United Bank of India as transferor banks.(REUTERS Photo)

PNB, Union Bank get in-principal nod from government for proposed merger

New Delhi | By Press Trust of India
UPDATED ON NOV 18, 2019 09:19 PM IST
The government in August had announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.
Unable to repay ₹40,000 to a bank, a marginal farmer allegedly hanged himself from a tree. (Representative Image)(Getty Images/iStockphoto)
Unable to repay ₹40,000 to a bank, a marginal farmer allegedly hanged himself from a tree. (Representative Image)(Getty Images/iStockphoto)

Farmer allegedly commits suicide, kin say was worried to repay Rs 40K to bank

Hindustan Times, Meerut | By HT Correspondent, Meerut
UPDATED ON NOV 18, 2019 06:56 PM IST
The cop said that a group of village children who were out to collect fodder first spotted Singh’s body, which was hanging from a tree.
Diamantaire Nirav Modi, who is sought in India to face charges of major financial offences linked to the Punjab National Bank, has made another application for bail.(Aniruddha Chowdhury/Mint)
Diamantaire Nirav Modi, who is sought in India to face charges of major financial offences linked to the Punjab National Bank, has made another application for bail.(Aniruddha Chowdhury/Mint)

Nirav Modi seeks bail in London court again

Hindustan Times, London | By Prasun Sonwalkar
UPDATED ON OCT 30, 2019 05:25 PM IST
Nirav Modi is lodged in the Wandsworth jail in west London since his arrest in March.
Fugitive diamantaire Nirav Modi will appear via videolink from his London jail for a regular remand hearing at Westminster Magistrates’ Court.(Aniruddha Chowdhury/Mint)
Fugitive diamantaire Nirav Modi will appear via videolink from his London jail for a regular remand hearing at Westminster Magistrates’ Court.(Aniruddha Chowdhury/Mint)

Nirav Modi to appear for videolink remand hearing from UK jail

London | By Press Trust of India
UPDATED ON OCT 17, 2019 01:22 PM IST
The 48-year-old remains in judicial custody pending a full extradition trial scheduled for May 2020 and must appear for “call-over” hearings until the case management for the trial kicks in from February next year.
The CBI has registered a case under the Prevention of Corruption Act based on a complaint against the bank manager with Punjab national bank .(Reuters Photo)
The CBI has registered a case under the Prevention of Corruption Act based on a complaint against the bank manager with Punjab national bank .(Reuters Photo)

Punjab National Bank manager arrested by CBI for demanding Rs 1 lakh in bribe

Chandigarh | By Indo Asian News Service
UPDATED ON SEP 24, 2019 09:30 PM IST
A Central Bureau of Investigation (CBI) team laid a trap and caught the middleman, a private person red-handed while accepting Rs 1 lakh bribe after the complaint against the bank manager.
Nirav Modi has been denied bail three times in the Westminster Magistrates Court(Aniruddha Chowdhury/Mint)
Nirav Modi has been denied bail three times in the Westminster Magistrates Court(Aniruddha Chowdhury/Mint)

Nirav Modi’s jail remand extended till October 17

Hindustan Times, London | By HT Correspondent
UPDATED ON SEP 19, 2019 05:13 PM IST
Nirav Modi, 48, who is wanted in India in connection with major financial offences related to a Mumbai branch of the Punjab National Bank, appeared through a video-link from the west London jail. Under UK law, the jail remand needs to be renewed every 28 days.
The bank mergers triggered fears of job loss among bank employees with the All India Bank Employees Union saying the merger would lead to closure of banks and job losses.(Kunal Patil/HT File Photo)
The bank mergers triggered fears of job loss among bank employees with the All India Bank Employees Union saying the merger would lead to closure of banks and job losses.(Kunal Patil/HT File Photo)

Bank officers to strike work on September 25-27 over rolling of 10 banks into four

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON SEP 13, 2019 01:21 PM IST
In August 30 order, the government announced four bank mergers, the biggest of the four being the coming together of Punjab National Bank with Oriental bank of Commerce and United Bank of India to create India’s second largest Public Sector Bank (PSB) with a business of Rs 17.5 lakh crores.
The Nifty PSU Bank index declined 3%.(Bloomberg photo)
The Nifty PSU Bank index declined 3%.(Bloomberg photo)

PSU bank stocks fall on fear focus may shift to merger process from NPAs

livemint, Mumbai | By Ravindra N. Sonavane
PUBLISHED ON SEP 03, 2019 11:58 AM IST
Among public sector banks, shares of Punjab National Bank fell 6.3%, Canara Bank declined 4.7% and Indian Bank was down 4.5%. The Nifty PSU Bank index declined 3%.
Finance minister Nirmala Sitharaman on Friday announced consolidation of 10 state-run lenders into four bigger banks.(PTI Photo)
Finance minister Nirmala Sitharaman on Friday announced consolidation of 10 state-run lenders into four bigger banks.(PTI Photo)

India’s mega bank mergers seen creating better value for rivals

Bloomberg | By Abhishek Vishnoi and Ameya Karve
UPDATED ON SEP 03, 2019 12:22 PM IST
While the mergers are aimed at creating bigger and healthier lenders, the time needed for integration and challenges related to staff, branch and process overlaps are expected to be the main immediate risks.
Finance Minister Nirmala Sitharaman during a media briefing on the Gross Domestic Product (GDP) Index at the National Media Centre in New Delhi on Friday.(Sonu Mehta/HT photo)
Finance Minister Nirmala Sitharaman during a media briefing on the Gross Domestic Product (GDP) Index at the National Media Centre in New Delhi on Friday.(Sonu Mehta/HT photo)

Finance Minister announces mega merger of 10 state-run banks into 4 banks

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON AUG 30, 2019 06:49 PM IST
The biggest of the four, will be the merger of Punjab National Bank with Oriental bank of Commerce and United Bank of India to create India’s second largest public sector bank with a business of 17.5 lakh crores
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