The Karnataka State authorities has quickly, for a fortnight, withdrawn the order suspending banking actions with the State Financial institution of India (SBI) and Punjab Nationwide Financial institution (PNB) following a request from them looking for time to type out the problems. A round issued by Finance Secretary PC Jaffer stated that Vinod Jaiswal, the … Read more
Punjab Nationwide Financial institution (PNB), a number one public sector financial institution, has signed a memorandum of understanding with India Infrastructure Finance Firm Ltd (IIFCL), a state-owned firm, to collaborate in financing of infrastructure initiatives. Below this collaboration, the events can mutually take part underneath consortium/a number of lending association to supply monetary assist to … Read more
PNB Housing Finance Ltd (PNBHFL) is trying to develop its retail e book by 17 per cent this fiscal, its MD and CEO Girish Kousgi has stated. The corporate closed the monetary 12 months 2023-24 with the retail e book of ₹63,000 crore. Final fiscal 12 months the expansion charge of retail books was 14 per … Read more
The Indian Renewable Vitality Improvement Company Ltd. (IREDA) and Punjab Nationwide Financial institution (PNB) have signed a memorandum of understanding aimed toward advancing renewable vitality initiatives. IREDA stated in its regulatory submitting that the settlement paves the best way for joint efforts in co-lending and mortgage syndication for a various spectrum of renewable vitality tasks. … Read more
Punjab Nationwide Financial institution (PNB) plans to lift about ₹7,500-crore fairness capital in 2024-25 in a number of tranches. Additionally learn: PNB shifting gears to turn into IT-driven banking powerhouse: Goel The PNB Board took this choice at its assembly on Thursday. The capital can be raised by means of Certified Establishments Placement (QIP)/Observe on … Read more