VADODARA: As part of its nation-wide efforts to increase recoveries and reduce non-performing assets (NPAs), the Punjab National Bank (PNB), one of the top three government lenders, on Saturday launched a two days 'Gandhigiri' programme in the city.
Reflecting the rising bad loans that have impacted profitability of banks, SBI is the latest amongst its public sector peers, including Punjab National Bank ... stress management group and will actually be owning these stressed asset recovery branches.
Other corrective action that can be imposed on banks include special audits, restructuring operations and activation of recovery plan. Banks’ promoters can be asked to bring in new management ... Bank (on account of a better performance) and Punjab.
Punjab National Bank , Shree Cement and Tata Steel are on the radar of analysts on Wednesday. Buy, Sell, Hold: Here are 3 stocks that ... A speedy recovery of NPLs and smooth management transition will be the key. It has lowered earnings estimates for.
The probe began at the Civil Lines branch of Punjab National Bank in Delhi. A meeting was ... When the conversation progressed, the PNB manager promised Rs 50 lakh in new currency in exchange for the defunct. ... Next, India Today's team found out how.
PUNE: The special judge, CBI cases, Ahmedabad has sentenced Deepak Kumar Kohli then branch manager of Punjab National Bank , Navrangpura Branch and private person Ritesh Dhirajlal Sheth to three years simple imprisonment (SI) with fine of Rs .
number etc of PNB Asset Recovery Management branch is given below. You may contact the branch or the Customer Care number of the bank information relating to your Punjab National Bank account. Branch Name Punjab National Bank Asset Recovery Management.
State-run lender Punjab National Bank 's profit increased four-fold to Rs 207.2 crore in October-December quarter compared with Rs 51.01 crore in same quarter last year. It was driven by other income and lower provisions. Net interest income, the.
“Leading banks have exposure to the company and Edelweiss Asset Reconstruction Company (ARC) has bought part of the exposure from these banks,” said the person quoted above. Edelweiss ARC ... Tata Capital Financial Services, Aditya Birla Finance.
Despite all odds, Punjab National Bank (PNB) continues to occupy the 4th position in BW Real 500 rankings — same as the last few years. ... The bank's 17 asset recovery management branches (ARMBs) also functioned exclusively for resolving NPAs.
Punjab National Bank (PNB) has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian ... Ideally, we are looking at a recovery of Rs 34 crore a day. We name and ... We have also been looking at assets that can be put up for sale.
It seems that Oriental Bank of Commerce, Allahabad Bank, Corporation Bank and Indian Bank will be merged with Punjab National Bank ; Union Bank will absorb IDBI Bank Ltd, Central Bank and Dena Bank; Syndicate Bank, Indian Overseas Bank and Uco Bank.
Punjab National Bank PNB is relatively more levered to economic recovery ... of its branches in Andhra and Telangana, it will benefit significantly from the improving political and economical environment in these states. The management expects asset.
A two-member bench headed by Justice MM Kumar reserved its order on SBI petition for initiating insolvency proceedings against Bhushan Steel Ltd and a similar plea by Punjab National Bank (PNB) against Bhushan Steel & Power Ltd. During the .