PNB waives off processing fees, documentation charges

India’s second-largest public sector bank, Punjab National Bank (PNB) has announced a ‘Festival Bonanza Offer’ for its customers, waiving off all upfront /processing fees and documentation charges on some of its major retail products like housing loans, car loans and myProperty loans. Continue Reading

PNB celebrates National Small Industry Day

Punjab National Bank, India’s second-largest public sector lender, celebrated Small Industry Day by offering PNB Seva Scheme, to provide adequate funding to the small-scale industries enabling them to meet their working capital requirements in this unprecedented times. Continue Reading

PNB to ‘enhance’ spirit of Khadi

For Mahatma Gandhi, ‘Charkha’ was the symbol of the nation’s prosperity and therefore freedom. For him, every revolution of the wheel spun peace, goodwill, and love for the world at large. Continue Reading

PNB sanctions loans of Rs 6,757 crore

Punjab National Bank, India’s second-largest public sector lender, has been one of the top lenders to small businesses under the government’s emergency credit line guarantee scheme (ECLGS). Continue Reading

Allahabad Bank gets fresh capital of Rs 2,153 crores

The Department of Financial Services in a letter conveyed the sanction for release of the fresh capital infusion fund of Rs 2,153 crore, Allahabad Bank said in a regulatory filing. Continue Reading

Lalithaa Jewellery heist: Film actress under scanner

A special team of police is conducting investigations into claims that the accused men in the Lalithaa Jewellery heist gave a part of robbed valuables to a film actress. Continue Reading

NT compiles a list of major financial crimes that shocked India

Ever since Punjab and Maharashtra Cooperative Bank (PMC Bank) crisis unfolded, citizens across India are worried by the mounting financial stumbles that have plagued our nation as our economy continues to stumble downward. In this article, News Today compiles a list of major white-collar crimes that rocked our country. Continue Reading

‘PNB, UBI & OBC merger to benefit stakeholders’: Official

Allaying apprehensions of stakeholders, United Bank of India MD and CEO Ashok Kumar Pradhan said there will be ‘no retrenchment’ of human resource of the three banks or no voluntary retirement scheme (VRS) will come in the process of merger of these state-run lenders. Continue Reading

Bank employees protest against government’s merger move

Members of the All India Bank Employees’ Association on Saturday staged a protest here against the Centre’s decision to merge 10 public sector banks into four entities. Employees of all public and private sector banks wore black badges to work as a mark of protest to the government’s decision. Continue Reading