Adani Group Firm Kutch Copper Raises Rs 6,071 Crore for One Million Tonne Unit
Kutch Copper, a subsidiary of Adani Enterprises, is constructing a greenfield copper refinery project to produce one MTPA (million tonnes per annum) in two phases....
Tag : Punjab National Bank
Kotak Special Fund Readies for Rs 700 Cr Deal
The alternative investment arm of Kotak Investment Advisors Ltd will deploy half its $1 billion funds as it prepares to seal its eighth deal, first...
PNB Reported Net Profit of Rs 300 Crore in June Quarter
Punjab National Bank pleasantly surprised investors with a net profit of Rs 300 crore against the expectation of a net loss for the June quarter. But...
CBI Files Cases Against 3 Firms For Defrauding PNB
The CBI conducted searches at multiple locations in the country after registering three separate cases against two Nagpur-based companies and a Bhubaneswar-based firm pertaining to loan frauds...
Govt Open to Further Consolidation of Banks: Anurag Thakur
The government is open to the further consolidation of banks depending on needs, Minister of State for Finance Anurag Singh Thakur has said. Last year,...
Sensex Hits Fresh Record High Led by Banking and IT Stocks
Sensex hit a record high of 41,185.03 points, and at 9.30 am it was 0.24 per cent higher at 41,108.48 points. Nifty climbed 0.3 per...
New Bank Timings in Maharashtra from Today
The timings of all public sector banks have been changed in Mumbai and the rest of Maharashtra from today, to improve convenience and ease of...
Merger PSU Banks Unlikely to Revive Credit Flow
The merger of Public Sector Banks (PSBs) into four entities is unlikely to revive credit growth or have meaningful cost synergies, said a report by Credit Suisse....
Punjab & Sind Bank Discloses Rs 238 Cr Fraud by Bhushan Power
After disclosures made by Punjab National Bank and Allahabad Bank recently, state-owned Punjab and Sind Bank reported over Rs 238 crores fraud by Bhushan Power...
Five More Banks Fined By The Reserve Bank (RBI)
Reserve Bank of India fines four more banks for non-compliance with various guidelines. The banks were penalized by RBI for not sharing the transaction report...