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26 08月
SBI, PNB, Bank of Baroda, other PSU banks on fund-raising spree; may sell shares this year for capital

SBI, PNB, BoB, and UBI are among the banks that may go for the sale of shares in the second half of this fiscal.QIP is a way for...

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26 08月
PNB MD says no need to approach govt for capital; bank to raise funds from market

Asked about the subdued share price of the bank, he said the government has 85.5 per cent stake in the bank leaving less than 15...

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26 08月
Axis Bank proposes to acquire 17% equity share in Max Life; says both parties executed agreements

Axis Bank said that the definitive agreements have been executed and the bank and Max Life will shortly approach the respective...

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26 08月
PNB expects 4-6% credit growth this fiscal, says CEO Mallikarjuna Rao

Rao said tourism, hospitality and aviation are among the sectors that will take longer time to recover or get back on track in v...

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26 08月
Ashwani Bhatia takes charge as SBI's managing director

Before joining SBI Funds Management, he was working as chief general manager, corporate centre in SBI, where he was responsible...

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26 08月
PNB expects to restructure loans worth Rs 40,000 crore

The Reserve Bank of India (RBI had earlier this month allowed one-time restructuring of corporate and personal loans to help en...

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26 08月
Won't lay off employees due to merger with OBC, UBI; manpower to grow as business grows: PNB MD & CEO

There will be no retrenchment of employees from PNB, following the merger with the Oriental Bank of Commerce and Union Bank of I...

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26 08月
LIC Housing Finance net profit up 34% on reduced provisions

The net interest income — the difference between interest earned and expended — stood at Rs 1,221 crore, up 3.3% against Rs 1,18...

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26 08月
Axis Bank to now buy 17% stake in Max Life instead of 29%

However, on July 23, Axis Bank, in the regulatory filing, said the bank and the MFS had agreed to certain value creation options...

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26 08月
RBI window: PNB sees Rs 40,000 crore of loan book getting recast

Rao also said the repayment moratorium should not be extended beyond the August 31 deadline, as green shoots are emerging in the...

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