Punjab National Bank to seek Rs 5,431-crore capital infusion from govt
A man reads a newspaper outside a branch of Punjab National Bank (PNB) in Ahmedabad on March 20.(Reuters) Punjab National Bank (PNB) Wednesday said it […]
Bank:
Govt set to inject Rs 2000 crore into fraud-hit Punjab National Bank by next week
Unless PNB gets fresh capital in time, it may be unable to make the payment because an unprecedented loan-fraud wiped out its profits and pushed […]
Davis Cup: India bank on Prajnesh, CSC grass courts to upset Italy
India would rely heavily on in-form Prajnesh Gunneswaran and favourable home conditions to upset former champions Italy in their bid to qualify for the inaugural […]
Yes Bank shares gain 4% on SEBI nod for mutual fund business
Shares of Yes Bank on Thursday rose by 4% after the company received approval from capital markets regulator SEBI to start mutual fund business. The […]
LIC board approves acquisition of up to 51% stake in IDBI Bank
LIC has been looking to enter the banking space by acquiring a majority stake in IDBI Bank as the deal is expected to provide business […]
LIC gets Irdai nod to buy 51% stake in IDBI Bank: Report
Insurance Regulatory and Development Authority of India (Irdai) on Friday permitted Life Insurance Corporation of India (LIC) to buy up to 51 per cent stake […]