State Bank of India - The Financial Express The Financial Express.
State-run lender Punjab National Bank 's profit increased four-fold to Rs 207.2 crore in October-December quarter compared with Rs 51.01 crore in same quarter last year. It was driven by other income and lower provisions. Net interest income, the.
Public sector lender Punjab National Bank's (PNB) second quarter profit is seen falling 32.8 percent year-on-year to Rs 417 crore, according to consensus estimates. Public sector ... Key things to watch out for would be recovery , slippages and stressed.
Country's second largest public sector lender Punjab National Bank (PNB) has reported a 11.5 percent degrowth in second quarter profit at Rs 549.4 crore but it was ahead of estimates due to treasury income. Asset quality also improved during the.
Apart from creating this NPA recovery vertical, the bank management has formed a 'Credit Monitoring Group' to find out potential NPAs based on early warning signals, said Deputy Managing Director of IDBI Bank , G M Yadwadkar to reporters in Ahmedabad.
VADODARA: As part of its nation-wide efforts to increase recoveries and reduce non-performing assets (NPAs), the Punjab National Bank (PNB), one of the top three government lenders, on Saturday launched a two days 'Gandhigiri' programme in the city.
At Mint's 10th Annual Banking Conclave on 23 January, India's top bankers got together to discuss issues confronting the sector such as competition, growth and asset quality. SBI chairman Arundhati Bhattacharya, ICICI managing director (MD) and chief.
Credit ratings company CRISIL Ltd and ICRA Ltd have downgraded various debt instruments of IDBI Bank this year, citing deteriorating asset quality and capital ratios. Indian Overseas Bank, UCO Bank, Punjab National Bank , Oriental Bank of Commerce, .
Oxford Dictionary defines a bank as ´an establishment for custody of money, which it pays out on customer·s order.µ Introduction Punjab National ... better asset liability management; improved margin management, thrust on recovery and increased.
It seems that Oriental Bank of Commerce, Allahabad Bank, Corporation Bank and Indian Bank will be merged with Punjab National Bank ; Union Bank will absorb IDBI Bank Ltd, Central Bank and Dena Bank; Syndicate Bank, Indian Overseas Bank and Uco Bank.
number etc of PNB Asset Recovery Management branch is given below. You may contact the branch or the Customer Care number of the bank information relating to your Punjab National Bank account. Branch Name Punjab National Bank Asset Recovery Management.
India's second-largest bank, Punjab National Bank , which posted a 12% rise in net profit to Rs 343 crore in the June quarter of 2017, has taken various measures to plug sticky loans and is gearing up for a consolidation.Speaking to Sangita Mehta, MD.
With uncertainty over the resolution of bad loans still persisting after the Reserve Bank of India (RBI) revised the norms on NPAs (non-performing assets ), shares of public sector banks (PSBs) have taken a beating on the bourses. Interestingly, the.
Other corrective action that can be imposed on banks include special audits, restructuring operations and activation of recovery plan. Banks’ promoters can be asked to bring in new management ... Bank (on account of a better performance) and Punjab.
A two-member bench headed by Justice MM Kumar reserved its order on SBI petition for initiating insolvency proceedings against Bhushan Steel Ltd and a similar plea by Punjab National Bank (PNB) against Bhushan Steel & Power Ltd. During the .