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Punjab national bank

SBI Classifies MTNL Loan as Sub-Standard NPA and Threatens Legal Action

In Short:The State Bank of India (SBI) has classified MTNL’s loan account as sub-standard due to missed payments since June. MTNL owes Rs 325.52...

Karnataka Govt Halts Order on 15-Day Withdrawal Hold for SBI, PNB Deposits

In Short:The Karnataka government has paused its recent directive, which urged all state departments to withdraw funds from State Bank of India (SBI) and...

Karnataka Government Directs Departments to Close SBI, PNB Accounts: Reasons Explained

In Short:The Karnataka Government has ordered all its departments and organizations to stop using the State Bank of India and Punjab National Bank due...

PNB to open representative office in Dubai, expanding overseas presence

In Short:Punjab National Bank is planning to open a representative office in Dubai to expand globally. The bank aims to focus on increasing retail,...

Banks’ impressive quarter results: don’t be deceived by the numbers

In Short:The banking sector had a strong Q4 earnings season, led by State Bank of India with its highest-ever profit. Healthy retail loan growth...

PNB to raise $898 million capital through QIP solely for institutional investors

In Short:Punjab National Bank (PNB) is planning to sell shares to investors to boost its capital reserves. The bank aims to raise 75 billion...

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