Announcement under Regulation 30 (LODR)-Newspaper Publication
News Clarification04-07-2018
After PNB fraud, Mehul Choksi planned an escape by selling Gitanjali properties: ED chargesheet
When he got a hint that the Punjab National Bank has lodged a complaint against Gitanjali Group and the central investigative agencies are on the verge of nailing him down, Mehul Choksi began the process of selling all his properties and move outside India.Clarification sought from Punjab National Bank
The Exchange has sought clarification from Punjab National Bank with respect to news article appearing timesofindia.indiatimes.com- July 03, 2018 titled "CBI books PNB officials, Infrastructure company for four crore loan fraud".The reply is awaited.Ex-PNB executive T Latha appointed new MD & CEO of Dhanlaxmi Bank
Her appointment will be for a period of three years w.e.f July 2, 2018Allahabad Bank, PNB raise MCLR by up to 10 bps
Allahabad Bank and Punjab National Bank have raised their marginal cost of funds-based lending rate (MCLR) by up to 10 basis points. While Kolkata-heNirav Modi case: PNB says developments in US bankruptcy case in its favour
If it is established that the fraud money was used to run the operation of Firestar Diamond Inc, then PNB will be able to get something out of the insolvency proceedings, says PNB MD Sunil MehtaPNB set up centralized loan processing centre to improve quality credit
The centralized loan processing centre will ensure improved turn-around-time, separate Pre- and Post-sanction responsibility and enable qualitative credit assessment as well as efficient monitoringPNB sells 3.3% stake in ICRA for 109 cr
Punjab National Bank (PNB) has sold 3.3 per cent stake in rating agency ICRA for about 109 crore. The stake sale was done through a block deal on T