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  • These banks and HFCs offer the cheapest home loans for non-salaried borrowers Oct 13, 2021 10:58 AM IST

    These banks and HFCs offer the cheapest home loans for non-salaried borrowers

    The cheapest home loan offers range from 6.55-6.8 percent

  • PNB earns Rs 170 crore in FY21 by levying charges on non-maintenance of minimum balance: RTI Sep 20, 2021 05:00 PM IST

    PNB earns Rs 170 crore in FY21 by levying charges on non-maintenance of minimum balance: RTI

    The lender’s revenue earned from such charges stood at Rs 286.24 crore in 2019-20.

  • IIFL Home Finance inks co-lending pact with PNB Sep 17, 2021 02:38 PM IST

    IIFL Home Finance inks co-lending pact with PNB

    This is the fourth co-lending agreement signed by the company with banks, IIFL HFL said in a release.

  • KM Birla letter: Will discuss with other banks, telecom sector issues a worry, says PNB MD &CEO Mallikarjuna Rao Aug 03, 2021 01:55 PM IST

    KM Birla letter: Will discuss with other banks, telecom sector issues a worry, says PNB MD &CEO Mallikarjuna Rao

    In a letter, Birla has said Vodafone-Idea was willing to hand over its stake to a public sector unit, a government entity or a domestic financial entity after the Supreme Court rejected a plea by telecom service-providers seeking re-computation of adjusted gross revenue–related dues

  • PNB Standalone June 2021 Net Interest Income (NII) at Rs 7,226.58 crore, up  7.09% Y-o-Y Aug 02, 2021 10:44 PM IST

    PNB Standalone June 2021 Net Interest Income (NII) at Rs 7,226.58 crore, up 7.09% Y-o-Y

  • PNB Consolidated June 2021 Net Interest Income (NII) at Rs 7,385.98 crore, up  7.31% Y-o-Y Aug 02, 2021 10:44 PM IST

    PNB Consolidated June 2021 Net Interest Income (NII) at Rs 7,385.98 crore, up 7.31% Y-o-Y

  • PNB moves court seeking restoration of assets of Nirav Modi's firms confiscated by ED Jul 14, 2021 10:52 PM IST

    PNB moves court seeking restoration of assets of Nirav Modi's firms confiscated by ED

    The Enforcement Directorate (ED) had earlier confiscated assets worth over Rs 329.66 crore of Nirav Modi under the fugitive economic offenders law.

  • PNB apprises board of developments related to PNB Housing Fin-Carlyle deal Jun 25, 2021 09:45 PM IST

    PNB apprises board of developments related to PNB Housing Fin-Carlyle deal

    Earlier this week, PNB Housing Finance held shareholders'' meeting for seeking approval for the deal. However, the outcome of the meeting would be disclosed after Securities Appellate Tribunal (SAT) order.

  • Mehul Choksi cannot be tried in absentia, CBI tells Dominican court in affidavit Jun 14, 2021 11:15 AM IST

    Mehul Choksi cannot be tried in absentia, CBI tells Dominican court in affidavit

    The CBI in its affidavit has also reiterated that Choksi is an Indian citizen and is “spreading lies to mislead the court”.

  • Proxy advisory firm SES raises corporate governance issues in PNB HF deal, questions PNB for surrendering control to Carlyle at depressed price Jun 08, 2021 11:02 AM IST

    Proxy advisory firm SES raises corporate governance issues in PNB HF deal, questions PNB for surrendering control to Carlyle at depressed price

    Moneycontrol has exclusive access to this report, which alleges corporate governance lapses in the deal, and asks if a rights issue would have been better for PNB than a preferential allotment of shares to Carlyle. PNB Housing defended the deal and sources in the company said PNB did not get approval for a rights issue from the RBI.

  • PNB Consolidated March 2021 Net Interest Income (NII) at Rs 7,071.47 crore, up  45.94% Y-o-Y Jun 07, 2021 01:11 PM IST

    PNB Consolidated March 2021 Net Interest Income (NII) at Rs 7,071.47 crore, up 45.94% Y-o-Y

  • PNB Standalone March 2021 Net Interest Income (NII) at Rs 6,937.55 crore, up  48.32% Y-o-Y Jun 07, 2021 01:11 PM IST

    PNB Standalone March 2021 Net Interest Income (NII) at Rs 6,937.55 crore, up 48.32% Y-o-Y

  • Mehul Choksi discloses names of alleged abductors to Antigua police, probe ordered Jun 07, 2021 10:31 AM IST

    Mehul Choksi discloses names of alleged abductors to Antigua police, probe ordered

    Mehul Choksi mysteriously went missing on May 23 from Antigua and Barbuda where he has been staying since 2018 as a citizen.

  • PNB to pick stake in NARCL, plans to transfer Rs 8,000 crore worth NPA Jun 05, 2021 05:09 PM IST

    PNB to pick stake in NARCL, plans to transfer Rs 8,000 crore worth NPA

    In the first tranche, roughly Rs 8,000 crore is identified by the bank to be transferred to NARCL and as a result at the outstanding level that much of the amount will be reduced from the credit.

  • PNB eyes 3-fold rise in profit at nearly Rs 6,000 crore in FY'22 Jun 05, 2021 03:20 PM IST

    PNB eyes 3-fold rise in profit at nearly Rs 6,000 crore in FY'22

    Despite COVID-19, the bank's profit surged over five times to Rs 2,022 crore during the financial year ended March 2021, against Rs 363.34 crore during 2019-20.

  • PNB Housing shareholders to benefit from Carlyle's offer  Jun 01, 2021 09:39 AM IST

    PNB Housing shareholders to benefit from Carlyle's offer 

    After the preferential offer and warrant conversion PNB’s holding in PNB Housing Finance will be reduced to 20.3 percent while that of Carlyle’s will increase to 50.4 percent. 

  • First picture of Mehul Choksi from Dominica jail surfaces, shows him with injury marks May 30, 2021 02:42 PM IST

    First picture of Mehul Choksi from Dominica jail surfaces, shows him with injury marks

    Choksi is wanted in India in connection with a Rs 13,500-crore loan fraud in Punjab National Bank. He had been living in Antigua and Barbuda for the last three years after fleeing India before the fraud came to light.

  • Private Jet in Dominica sent from India with Mehul Choksi's deportation documents, confirms Antigua PM May 30, 2021 02:23 PM IST

    Private Jet in Dominica sent from India with Mehul Choksi's deportation documents, confirms Antigua PM

    The 62-year-old Choksi alleged that he was abducted from Jolly Harbour in Antigua and Barbuda by policemen looking like Antiguan and Indian and taken to Dominica.

  • Dominican court blocks removal of fugitive businessman Mehul Choksi: Here's all you need to know about extradition May 29, 2021 04:19 PM IST

    Dominican court blocks removal of fugitive businessman Mehul Choksi: Here's all you need to know about extradition

    The Dominican court has restrained local authorities from removing Mehul Choksi from the country, throwing up a hurdle to India's attempts to have him brought home and tried in the PNB scam.

  • Mehul Choksi will be returned to India, Antigua won't accept him: PM Gaston Browne May 27, 2021 08:47 AM IST

    Mehul Choksi will be returned to India, Antigua won't accept him: PM Gaston Browne

    Mehul Choksi, who recently fled from Antigua and Barbuda, was captured in Dominica.

  • PNB board approves raising equity capital from share sale, fixes floor price for QIP at Rs 35.51 May 10, 2021 06:47 PM IST

    PNB board approves raising equity capital from share sale, fixes floor price for QIP at Rs 35.51

    For the Qualified Institutional Placement (QIP) purposes, the bank has fixed the floor price at Rs 35.51 per equity share.

  • Nirav Modi a step closer to extradition to India: Key questions answered on the case Apr 16, 2021 07:38 PM IST

    Nirav Modi a step closer to extradition to India: Key questions answered on the case

    Modi is believed to have left India in January 2018 while PNB announced the scam a month later, in February. In March 2019, Modi was arrested in London.

  • Arthur Road jail keeps special cell ready to lodge Nirav Modi Feb 26, 2021 11:50 AM IST

    Arthur Road jail keeps special cell ready to lodge Nirav Modi

    The jail official said that once Nirav Modi is brought to Mumbai, he will be kept in one of the three cells of barrack number 12, which is a high-security barrack.

  • PNB Consolidated December 2020 Net Interest Income (NII) at Rs 8,463.42 crore, up  89.42% Y-o-Y Feb 09, 2021 10:11 AM IST

    PNB Consolidated December 2020 Net Interest Income (NII) at Rs 8,463.42 crore, up 89.42% Y-o-Y

  • PNB Standalone December 2020 Net Interest Income (NII) at Rs 8,312.98 crore, up  90.88% Y-o-Y Feb 09, 2021 09:55 AM IST

    PNB Standalone December 2020 Net Interest Income (NII) at Rs 8,312.98 crore, up 90.88% Y-o-Y

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