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Tags Posts tagged with "PNB"

Tag: PNB

PNB’s NPA recovery drive in first quarter tops FY’18 level

Thanks to Punjab National Bank’s aggressive drive aimed at recovering Non-performing asset (NPA) that are said to have plagued it recently, the bank’s recovery...

PSBs to set up dedicated mechanism to manage NPAs: Piyush Goel

Public sector banks (PSBs) will soon create a dedicated mechanism for managing stressed accounts, acting finance minister Piyush Goyal said on Friday. “I have discussed...

SBI reports Rs 7,718 crore loss in Q4

State Bank of India (SBI), the country’s largest lender today posted a standalone net loss of Rs 7,718.17 crore in the fourth quarter (January-March)...

Centre to axe Allahabad Bank CEO for involvement in PNB fraud...

The Centre has started the process of removing top bankers for their involvement in Punjab National Bank (PNB) fraud case. Several bankers including Usha Ananthasubramanian,...

PNB MetLife inks distribution pact with Bank of Bahrain and Kuwait

Life insurance provider PNB MetLife has inked a corporate agency pact with Bank of Bahrain and Kuwait B.S.C (BBK). This collaboration will assist PNB MetLife...

BANKING ON THE UNBANKED

Providing last mile connectivity in the inaccessible areas across the country, is a key focus of Punjab National Bank, shares K V Brahmaji Rao...

NPCI to receive funds from foreign, private banks

The National Payments Corporation of India is all set to receive funding from a host of foreign and private banks after it started the...

IRDA wants banks to share ‘Bancassurance’ mis-selling responsibility

The trend of selling insurance products through commercial banks, or Bancassurance, may be at risk, as the Insurance Regulatory & Development Authority of India...

Banks to allow cardless withdrawals at 1 lakh ATMs by year-end

Cardless cash withdrawal will be available from one lakh bank ATMs by the end of the current year for remittances initiated by customers of...

Govt to infuse Rs 6,990 crore in nine PSBs; SBI leads...

Government has announced a capital infusion of Rs 6,990 crore in nine public sector banks including State Bank of India (SBI), Bank of Baroda...
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