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Latest Articles in Punjab National Bank PNB

PNB Earns Rs 170 Cr In FY21 By Levying Charges On Non-Maintenance Of Minimum Balance: RTI

The quarterly average balance (QAB) in the April-June period of 2020-21 stood at Rs 35.46 crore (both on savings and current account); while no such charges were levied in the second quarter of FY21.

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PNB Cuts Rate On Home Loan Above Rs 50 Lakh By 0.5%; RLLR By 0.25%

"PNB has announced that now home loans are offered at 6.60 percent irrespective of any upper ceiling limit," it said in a statement. The state-owned lender said the rate will be linked with the applicant's credit score.

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Abundantia Entertainment Developing Series On Nirav Modi

Nirav Modi is wanted in India to face charges of fraud and money laundering in the estimated USD 2 billion Punjab National Bank (PNB) scam case.

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PNB Gets Green Signal To Collects Rs 6,000 Crore Via Bonds

Punjab National Bank's (PNB) board met on Friday, approved the raising of the capital of up to Rs 6,000 crore via issuance of Basel-III compliant Additional Tier-1 (AT-1) Bonds and Additional Tier-II bonds or a combination of both.

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PNB Waives Service Charge, Processing Fee On Retail Products

The Delhi-headquartered lender said it is confident of seeing an encouraging revival in overall consumer spending, which will help boost its credit portfolio.

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FinMin Moves File For Extension Of 3 Mds, 10 Eds Of Govt-Owned Banks

The sources said the ministry has also recommended the Department of Personnel and Training (DoPT) for extension of 10 executive directors (EDs) of various public sector banks.

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Nirav Modi's Sister Sends Rs 17.25 Crore From UK Account To Indian Govt: ED

Nirav Modi is presently lodged in a UK jail and has lost his extradition plea to India in connection with the alleged USD 2 billion loan fraud at the Brady House branch of Punjab National Bank (PNB) in Mumbai.

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Canara Bank To Be Lead Sponsor Of Bad Bank, To Pick Up 12% Stake

Finance Minister Nirmala Sitharaman in Budget 2021-22 announced that the high level of provisioning by public sector banks of their stressed assets calls for measures to clean up the bank books.

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PNB Cuts One-Year MCLR By 0.05 %

The six-month and three-month tenor MCLRs were cut by 0.10 per cent each to 7 per cent and 6.80 per cent

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PNB Launches Digital Initiative [email protected]

PNB announced other digital initiatives such as instant opening of online saving account via video-KYC, insta pre-approved loan, insta demat account and insurance facility through internet and mobile banking services.

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Prest Loans Engages Mr. Rajeev Kishore Dubey (Ex CMD-Canara Bank) As Strategic Advisor On Its Advisory Board

Prest Loans is a tech enabled digital NBFC focusing on small businesses and MSME lending. The company has witnessed robust growth in last 4 years building a mixed portfolio of secured and unsecured MSME loans.

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PNB Enhances Presence In North-East Region

PNB has been assisting stressed MSMEs in line with its traditional role of supporting the Indian entrepreneurial spirit while maintaining a thrust on being the leader in supporting rural areas and the agriculture sector

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PNB signs MoU with IndianOil for e-dealer financing

PNB signs MoU with IndianOil for e-dealer financing

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PNB Donates Rs 40 Lakh To PM Cares Fund Under Digital Apnayen Campaign

The country's second-largest public sector lender has launched a campaign titled Digital Apnayen being organised from August 15 to March 31 next year.

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PNB Reports Rs 3,689 Crore Exposure To DHFL As Fraud

DHFL had accumulated total debts of almost Rs 1 lakh crore and failed to honour dues to its creditors. PNB said the fraud in NPA account of DHFL at a large corporate branch in Mumbai was reported to the Reserve Bank of India (RBI).

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