Defer non-essential expenditure by 20%: Finance Ministry to PSBs
The Union Finance Ministry has directed the top executives of all (PSBs) to ensure necessary measures for productive use of…
19 JUN 2020
Punjab National Bank
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Punjab National Bank to give moratorium to NBFCs
Punjab National Bank has become one of the first banks to extend moratorium to Non-Banking Finance Companies (NBFC) after the…
06 MAY 2020
Merger of 10 PSBs into 4 to be effective from Apr 1: Nirmala Sitharaman
The centre on Wednesday approved a scheme for the merger of 10 Public Sector Banks into four, clearing off the…
05 MAR 2020
Centre to announce merger of 10 PSBs to 4 lenders this week: Report
The centre may soon announce the merger of 10 public sector banks in a bid to create four big lenders…
10 FEB 2020
PNB, Union Bank bags in-principal approval from centre for proposed merger
Punjab National Bank and Union Bank of India have received in-principal nod from the centre for their merger with other…
19 NOV 2019
RBI to constitute special wing to level-up banks’ supervision
Amid the recent concerns encircling the Reserve Bank of India’s recent regulatory record, the apex bank is all set to…
31 OCT 2019
‘Banks in India Ready for Tech-Revolution’
Deployment of new-age technologies like Mobile Banking, Anytime Anywhere Banking, cardless transactions, biometric-based transactions, Robotics, Chatbots etc. are absolutely necessary…
12 MAY 2019
Nirav Modi’s bail plea rejected by UK court
The UK court has denied the third bail plea of fugitive jeweler Nirav Modi, wanted in the 14,000-crore scam involving…
09 MAY 2019
PSB merger on cards: Punjab National Bank, Union Bank & Bank of India likely to amalgamate
The Centre is likely to invite selected lenders for a discussion on next round of merger in public sector banks,…
30 APR 2019
Punjab National Bank names Rajesh Kumar Yaduvanshi as Executive Director
Public lender Punjab National Bank (PNB) has named Rajesh Kumar Yaduvanshi as the Executive Director of the bank. His appointment…
17 APR 2019
