Source: .news18.com Equitas Holdings, DHFL, Eveready Industries, Punjab National Bank and Canara Bank were among the key stocks in news today. Read on to know more. Indian stock markets started the week on a strong note on Monday, i.e. 9 September. At 12:57 pm, the benchmark S&P BSE Sensex was […]
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Bhushan Power & Steel fraud: After PNB, Allahabad Bank reports misappropriation of funds
Source: financialexpress.com Days after Punjab National Bank (PNB) announced the detection of the Rs 3,805 crore fraud by Bhushan Power & Steel Ltd (BPSL), another public sector lender Allahabad Bank has reported misappropriation of funds by the private firm. Days after Punjab National Bank (PNB) announced the detection of the […]
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D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each
Source: moneycontrol.com Nifty is trading higher by 84 points at 11,583 level while the Sensex jumped 289 points and is trading at 38,846 level in this afternoon session. Nifty Auto gained 1.5 percent led by Hero MotoCorp which jumped over 4 percent followed by Bharat Forge, Tata Motors, Mahindra & Mahindra, Maruti Suzuki […]
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D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each
Source: moneycontrol.com Nifty is trading higher by 84 points at 11,583 level while the Sensex jumped 289 points and is trading at 38,846 level in this afternoon session. Nifty Auto gained 1.5 percent led by Hero MotoCorp which jumped over 4 percent followed by Bharat Forge, Tata Motors, Mahindra & Mahindra, Maruti Suzuki […]
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Bhushan Power & Steel fraud: After PNB, more lenders may report misappropriation of funds
Source: businesstoday.in Two days after the Punjab National Bank (PNB) announced the detection of the Rs 3,805 crore fraud by Bhushan Power & Steel Ltd (BPSL), the buzz is that the scope of the fraud may be much wider, involving more lenders. After all, as many as 33 lenders have […]
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Buzzing stocks: YES Bank, PNB, Titan, Bajaj Finance, SBI
Source: economictimes.indiatimes.com NEW DELHI: YES Bank with over 0.20 crore shares changing hands was leading among the most traded stocks on NSE on Tuesday. Shares of PNBNSE -2.15 % (number of shares traded: 0.12 crore), TitanNSE 0.20 % Company (number of shares traded: 0.11 crore), BEL (number of shares traded: […]
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Stocks in Focus on July 8: Mindtree, PNB to Maruti; here are the 5 Newsmakers of the Day
Source: zeebiz.com The domestic stock markets closed on a negative note on Friday, July 5, 2019. However, there were certain stocks that came in news after the market was closed for trading purposes and can play role in setting the direction of the movement of the indices on Monday, July […]
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DRT directs Nivav, aides to pay over Rs 7,200 cr to PNB and others
Source: business-standard.com In fresh trouble for Nirav Modi, who is currently lodged in a London prison, the Pune bench of the Debt Recovery Tribunal (DRT) Saturday directed the fugitive diamond merchant and his aides to pay over Rs 7,200 crore with interest to the Punjab National Bank (PNB) and others. […]
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RBI fines PNB, Allahabad Bank, UCO Bank, Corporation Bank for flouting KYC norms
Source: .businesstoday.in The Reserve Bank of India (RBI) has fined four public sector banks including PNB and UCO Bank Rs 1.75 crore for not complying with the Know Your Customer (KYC) norms and rules for opening current accounts. The penalty is being levied on Punjab National Bank (PNB), Allahabad Bank, […]
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NTPC inks two agreements with PNB for Rs. 650 crore
Source: dsij.in NTPC’s joint venture firm NSPCL has inked two agreements with Punjab National Bank (PNB) for Rs. 650 crore for financing two projects. The agreements are for part financing of two of its under-construction projects at Durgapur (2X20 MW) for Rs. 100 crore and Rourkela (1X250) for Rs. 550 […]
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Punjab National Bank’s recovery of bad loans doubled to Rs 20,000 crore in FY19
Source: timesnownews.com New Delhi: State-owned Punjab National Bank (PNB) recovered Rs 20,000 crore of bad loans during the financial year ended March 2019, almost double the recovery amount in the preceding year, its Chairman Sunil Mehta has said. The bank suffered losses allegedly after jewellers Nirav Modi, Mehul Choksi and some […]
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