Moneycontrol PRO
Loans
HomeNewsPunjabnationalbank
Jump to
  • Enough is enough as far as GST proceedings go: Arun Jaitley

    In a free-wheeling chat with CNBC-TV18's Shereen Bhan, the Finance Minister said that even if Congress doesn't support GST Bill, he will allow Parliament to do its job. Among other topics, he spoke on the need for consolidation among public sector banks.

  • JP Associates deal to boost UltraTech capacity: Angel Broking

    JP Associates deal to boost UltraTech capacity: Angel Broking

    Sharing his views on Vijay Mallya's debt repayment plan, Siddharth Purohit, Senior Research Analyst, said that the question will shift to how the deal is structured and the source of payment.

  • Kotak Mahindra, YES Bank cut base rate by 25 bps

    Kotak Mahindra, YES Bank cut base rate by 25 bps

    The lower base rates for both the banks will come into effect from October 5, 2015.

  • PNB weakest amongst state banks due to NPLs: Fitch

    PNB weakest amongst state banks due to NPLs: Fitch

    Saswata Guha, Director – Financial Institutions, Fitch Ratings (India) told CNBC-TV18 that despite injection of capital by the government, PNB‘s balance sheet has inadequate capital to meet uncertain risks.

  • Will refinance Rs 3k cr loans in Q2; slippages to ease: PNB

    Will refinance Rs 3k cr loans in Q2; slippages to ease: PNB

    In an interview to CNBC-TV18, Punjab National Bank executive director Ram Sangpure says of the loans to be refinanced, 70 percent are from steel sector and 30 from power.

  • Economic growth can end banks' NPLs in next 3 yrs: Experts

    Economic growth can end banks' NPLs in next 3 yrs: Experts

    Dr Charan Singh, Professor of economics, IIM Bangalore and Mr Sharad Sharma, Managing Director, State Bank of Mysore talk about resolving the worry for banks, augmenting NPAs.

  • Won‘t have as many slippages in Q1 like last year: PNB

    Won‘t have as many slippages in Q1 like last year: PNB

    Speaking to CNBC-TV18, Ram Sangapure, ED, PNB says the bank has been conservative in lending to the steel sector since/for the last 2 years but the steel segment lending won‘t be curtailed.

  • Aim to maintain 12% CAR for next 4-5 years: PNB

    Aim to maintain 12% CAR for next 4-5 years: PNB

    Ram Sangapure, ED, Punjab National Bank said the bank has already made its capital requirment presentation to the government for FY16, FY17, FY18.

  • Have to monetise assets worth Rs 1k cr for CDR: Ramky

    Have to monetise assets worth Rs 1k cr for CDR: Ramky

    Vijay Kumar, chief financial officer, Ramky Infra says the company will have to monetize assets worth Rs 1,000 crore in the next three years.

  • Will focus on retail, SME, agri over the next 1-2 yrs: PNB

    Will focus on retail, SME, agri over the next 1-2 yrs: PNB

    PNB does not expect Q1 slippages to be more than Rs 7,000 crore.

  • Absence of top mgmt impacting other PSU banks' Q3 nos: SBI

    Absence of top mgmt impacting other PSU banks' Q3 nos: SBI

    State Bank of India saw a significant improvement in its asset quality. Gross non-performing assets (NPA) stood at 4.90 percent of gross advances in Q3FY15 against 4.89 percent in previous quarter and 5.73 percent in the year-ago period.

  • See rate cut coming after Budget: PNB

    See rate cut coming after Budget: PNB

    With macros improving, Ram Sangapure ED, Punjab National Bank spoke to CNBC-TV18 about the chance of a rate cut from Reserve Bank of India.

  • Gyan Sangam was a morale booster for PSBs: Bankers

    Gyan Sangam was a morale booster for PSBs: Bankers

    The two-day bankers' retreat Gyan Sangam saw banking officials conduct various seminars and group discussions on key issues such as ensuring greater autonomy for banks, improving risk management practices, their recapitalization needs, improve asset quality and curb black money among others.

  • PNB cuts term deposit rates for up to 1 year to 8.5%

    PNB cuts term deposit rates for up to 1 year to 8.5%

    In an interview to CNBC-TV18, KR Kamath, CMD, PNB, said the liquidity available in the system is enough to meet credit demand, however the rate cut in retail deposits will depend on the credit rate pick-up.

  • After SBI, PNB likely to revise deposit rates in 15 days

    After SBI, PNB likely to revise deposit rates in 15 days

    The credit growth of PNB is around 13 percent currently and is expected to touch 15 percent by the end of FY15.

  • KFA case: Decoding implications of 'wilful defaulter' tag

    KFA case: Decoding implications of 'wilful defaulter' tag

    United Bank has declared Kingfisher Airlines and its promoter Vijay Mallya as ‘wilful defaulter‘. The bank is in the process of sending formal notices to the company and will inform RBI as well.

  • Cut interest rates to revive retail credit: PNB's Kamath

    Cut interest rates to revive retail credit: PNB's Kamath

    Punjab National Bank and Oriental Bank of Commerce on Tuesday cut interest rate on auto and consumer durable loans up to 2.50 percent to cash in on festive demand, a few days after government promises more funds to PSU banks.

  • Credit growth of 17-18% feasible for FY14: BoB's Mundra

    Credit growth of 17-18% feasible for FY14: BoB's Mundra

    According to SS Mundra, the RBI's move to inject more liquidity into the system by cutting the MSF rates does not indicate a long-term change its policy plan given the high inflation and the repo rate hike.

  • On verge of extinction, UP sugar mills send 'SoS' to govt

    On verge of extinction, UP sugar mills send 'SoS' to govt

    Sugar cane prices have increased 17 percent on average for the last three years, while sugar prices have been lower by nearly 10 percent year-on-year (YoY).

  • Recovery better; loans to steel, power still a concern: PNB

    Recovery better; loans to steel, power still a concern: PNB

    The state-owned Punjab National Bank hopes to see some improvement in recovery in quarter ended March despite continued pressure on loans given to the sector such as steel, power and mining,.

  • Kingfisher loan recall will be messy affair: BMR Advisors

    Kingfisher loan recall will be messy affair: BMR Advisors

    Vivek Gupta, Partner at BMR Advisors clearly considers the entire situation to be messy. According to him, there will certainly be a hierarchy of demands once claims are made.

  • Bank recall will have serious impact on UB Group: HP Ranina

    Bank recall will have serious impact on UB Group: HP Ranina

    According to Supreme Court advocate HP Ranina this step will severely hit United Breweries Group because most KFA loans are guaranteed by them.

  • CDR rules to fortify banks, cut project-risk: India Ratings

    CDR rules to fortify banks, cut project-risk: India Ratings

    Ananda Bhoumik of India Ratings says that the new debt restructuring norms announced by the RBI will strengthen the lending and risk-management processes in the banking sector. He adds, in an interview to CNBC-TV18, that the new rules will also reduce the risk in projects for industry.

  • Banks can perform only if economy improves: PNB's Kamath

    Banks can perform only if economy improves: PNB's Kamath

    KR Kamath, CMD, Punjab National Bank (PNB) and chairman, Indian Banks Association (IBA) discusses the challenges in store for the banking sector with CNBC-TV18‘s Gopika Gopakumar at the sidelines of Bancon 2012- an annual event that showcases the best and the brightest minds in the banking industry.

  • Focus on retail lending to help revive credit growth: PNB

    Focus on retail lending to help revive credit growth: PNB

    In an interview to CNBC-TV18, KR Kamath, chairman, Punjab National Bank says the bank is concentrating on the retail. “We are looking at now housing, auto loans and consumer durables. If they get a push, they will also indirectly support a lot of industries," he adds.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347