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Tag: PNB

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PNB launches its virtual branch in the Metaverse
  • BFSI
  • Technology

PNB launches its virtual branch in the Metaverse

  • 07/07/2023
  • 0

State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which […]

IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditors
  • BFSI

IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditors

  • 03/04/2023
  • 0

The IL&FS Group has so far paid back Rs 29,000 crore to the secured creditors, with the latest being an interim pay-out of Rs 920 […]

Better financial health of RRBs prompts sponsor banks to explore listing them
  • BFSI

Better financial health of RRBs prompts sponsor banks to explore listing them

  • 14/03/2023
  • 0

Regional Rural Banks (RRBs), once considered laggards in the banking ecosystem, are slowly coming into their own. For the first time, banks are now considering […]

PNB buries ghost of 2018 to fund lab diamonds
  • BFSI
  • Enterprise

PNB buries ghost of 2018 to fund lab diamonds

  • 27/02/2023
  • 0

On a wintry morning in 2018, one of India’s largest high-street lenders, Punjab National Bank (PNB), had woken up to the horrors of huge losses […]

Don’t see loan exposure to Adani as an issue for SBI, says CreditSights
  • BFSI
  • Enterprise

Don’t see loan exposure to Adani as an issue for SBI, says CreditSights

  • 07/02/2023
  • 0

Research firm CreditSights on Tuesday said that it does not see the loan exposure to Adani Group stocks as an issue for the State Bank […]

Keeping a tab on development related to Adani Group: PNB MD
  • BFSI

Keeping a tab on development related to Adani Group: PNB MD

  • 31/01/2023
  • 0

Punjab National Bank (PNB), which has about 7,000 crore of exposure to Adani Group entities, said that it is not worried about the holdings as […]

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