A host of bank unions have given a call for strike on March 15-16.
March 4, 2021Prior to joining the current assignment, Rao was Executive Director, Canara Bank for more than three years where he played a pivotal role in the Bank’s progress and in the amalgamation of Syndicate Bank with Canara Bank.
March 3, 2021GM Santanu Kumar Majumdar, Circle Head, Delhi, RO Heads, RAH Heads and other Executives of Delhi Region attended the expo along with the branch in-charges.
February 15, 2021In value terms, the gross NPAs or bad loans were of the order of Rs 49,988.56 crore as against Rs 36,860.49 crore.
January 28, 2021Earlier this week, the bank had set the floor price for the issue at Rs 103.50 apiece.
December 11, 2020During the last hour of trading, the banks stock witnessed huge buying and jumped 16.38 per cent to close at Rs 136.80 on BSE.
December 8, 2020All four banks have acquired 6.67 per cent stake each (representing 50,000 equity shares) in firm for a cash consideration of Rs 5 lakh.
November 21, 2020Under the globally accepted Basel-III capital regulations, banks need to improve and strengthen their capital planning processes.
September 12, 2020The overnight and one-month lending rates have been cut by 20 basis points (bps) to 7 per cent each.
August 6, 2020In this regard, the lender will seek its shareholders' approval, in its upcoming Annual General Meeting on August 10.
July 20, 2020BoM has revised downwards its six months MCLR to 7.30 per cent from 7.50 per cent.
July 7, 2020With an aim to reach out to the eligible borrowers, the bank has employed various strategies like SMS, call centres, emails and personal calls, explaining the facility in order to sanction the loan.
May 23, 2020From April 1, 10 public sector banks will be merged into 4.
March 30, 2020Prabhakar joined PNB on March 1, 2018 and holds a Master's Degree in Agriculture and a Certified Associate of Indian Institute of Bankers (CAIIB).
January 24, 2020Punjab National Bank which will be merged with the Oriental Bank of Commerce and United Bank of India, fell over 7 per cent, the most among the state-run banks constituting the PSU Bank Nifty index.
September 3, 2019The bank has received a communication from the Ministry of Finance that the Alternative Mechanism (AM), after consultation with Reserve Bank of India (RBI), has decided that Punjab National Bank, Oriental Bank of Commerce (OBC) and United Bank of India may consider amalgamation, it said in a regulatory filing.
August 31, 2019With today's announcement, post consolidation, India will have 12 Public Sector Banks from 27 Public Sector Banks.
August 30, 2019