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Thursday, May 28, 2020

Punjab National Bank


PNB posts Rs 492-crore loss as provisions swell

February 05, 2020 12:49 am

The bank had reported a net profit of Rs 246.51 crore in the comparable quarter last year.

PNB reports Rs 492 crore loss for Q3 on higher provisioning for NPAs

February 04, 2020 3:22 pm

The bank made a provisioning of Rs 4,445.36 crore for bad loans during the quarter under review. This was up from Rs 2,565.77 crore parked aside for the year-ago period.

Punjab National Bank shares fall nearly 3 per cent after RBI flags under-reporting of NPAs

December 16, 2019 11:35 am

Reserve Bank of India (RBI) has said that Punjab National Bank (PNB) had under-reported its non-performing assets (NPAs) by Rs 2,617 crore for the fiscal year 2018-19.

PNB under-reported bad loans by Rs 2,617 crore in FY19: RBI

December 15, 2019 1:32 am

PNB said it reported gross NPAs of Rs 78,472.70 crore, while as per the RBI’s assessment the figure was Rs 81,089.70 crore, showing a divergence of Rs 2,617 crore in FY19.

How banks stand to benefit from SC's judgment in Essar Steel insolvency case

November 19, 2019 7:54 am

The Supreme Court’s order is being seen as bringing the rigour and momentum back into the IBC as an effective tool to deal with stressed assets in the economy.

PNB posts Rs 507 crore profit as provision eases; net NPAs fall

November 06, 2019 5:18 am

While the lender’s non-performing assets (NPAs) and provisioning against bad loans fell during the quarter when compared with same quarter last year, but sequentially (i.e. when compared with first quarter) there was deterioration in NPA numbers.

CBI arrests PNB manager for taking Rs 1 lakh bribe to disburse loan to purchase buffaloes

September 24, 2019 7:38 pm

Sumer Singh, senior manager at the PNB's Kanwali branch in Rewari district of Haryana, and his accomplice Satish were nabbed by the agency while the latter was accepting the bribe from the complainant, they said.

PNB scam: Interpol issues Red Corner Notice to Nirav Modi's brother Nehal

September 13, 2019 1:55 pm

Earlier this year, the ED had requested the Interpol to issue a Red Notice against Nehal for his role in helping Nirav Modi. It found Nehal "knowingly and intentionally" assisted Nirav in concealing the alleged laundering of money and "destroying evidence".

PNB fraud: CBI plea for polygraph, narco tests on ex-staffer rejected

September 04, 2019 2:38 am

The CBI had last month moved applications in separate cases of alleged conspiracy to defraud PNB to the tune of Rs 13,400 crore, seeking lie-detector tests on Shetty claiming it wanted to ascertain the “undue pecuniary advantage” he obtained in violating bank rules in favour of Modi and Choksi.

Explained: What are the polygraph, narco tests that PNB accused has refused?

August 23, 2019 7:33 am

Called the 'Lie Detector Tests', several instruments are used including cardiographs, sensitive electrodes and injections in the course of these examinations to put a person in a hypnotic state to 'reduce' their ability to lie or manipulate.


How to download PNB SO recruitment admit card

March 15, 2019 2:44 pm

The Punjab National Bank (PNB) has released the admit card at its official website, Accordinh to the official notification, the call letters for 325 posts were to be released on Thursday, March 14, 2019 but it was delayed as the PNB website was under maintenance