News tagged with “pnb”. Found:
23 tagged news reports.
Your Search Returned 23 tagged news reports
PSB mergers a long-drawn process: PNB chief
Bangalore :: India | 8 days ago
Credibility
Notwithstanding the Centre’s intention of bringing about consolidation in the public sector banking (PSB) space, Punjab National Bank (PNB) Chairman K...Kamath on Saturday said that it was going to be a long-drawn process. Unlike the past, when mergers...
Tags: PNB, Mr. Kamath, drawn process, India, Bangalore, Business Finance, Punjab National Bank, Bank, Bailout
PNB plans to acquire majority stake in Kazakhstan-base bank
Almaty :: Kazakhstan | 8 days ago
Credibility He said the bank has completed due deligence, which is now being whetted. "Once that's complete, we will look at ricing". Kamath also said PNB would set a up bank in Bhutan with a local partner. PNB has received the RBI's approval for setting up a subsidiary...
Tags: PNB, majority stake, base bank, KR Kamath, Kazakhstan, Almaty, Punjab National Bank, Kamat, Business Finance
PNB profit put at Rs.19.58 crore
Chennai :: India | 14 days ago
Credibility He was announcing second quarter results at a press conference here on Sunday. The deposits climbed to Rs.2,221.13 crore in September 09, registering a growth of 19.76 per cent from the Rs.1,854.60 crore registered in September ’08. Spurt in advanes ...
Tags: Kerala Circle, PNB, India, Chennai, Thrissur, National Bank, BSE Sensex, Dhanalakshmi Bank, Central Bank of India, Punjab National Bank, Kerala, Economy of Kerala, Business Finance
Despite downturn, PNB in UK doubles deposits
London :: United Kingdom | about 1 month ago
Credibility Despite economic downturn, four branches of the Punjab National Bank in Britain doubled their deposits in the six months ending September 2009, official sources in London said. Punjab National Bank (International) Ltd is a wholly owned subsidiary of PNB,...
PNB orchestra conductor Stewart Kershaw resigns
Oxford :: United Kingdom | about 1 month ago
Credibility Kershaw, a native of Oxford, England, previously served as music director of Stuttgart Ballet and Paris Opera Ballet...In 1997, he helped found the Auburn Symphony Orchestra in South King County; he plans to remain as music director of that organization.
Tags: Stewart Kershaw, music director, PNB
PNB targets Chinese remittances
Xiamen :: China | 3 months ago
Credibility National Bank (PNB), the surviving entity after a merger with Allied Banking Corp., said an equity investment in a Xiamen-based bank will allow it to cash in on a multibillion-dollar remittance business involving overseas Chinese workers. "Through the...
Tags: PNB, equity investments, commercial banks, Allied Banking Corp., allied banks
PNB rushes bank stake sale
Manila :: Philippines | 3 months ago
Credibility National Bank (PNB) has picked four investment banks in a bid to fast-track the sale of Allied Banking Corp.’s stake in a US-based bank and to finally pave the merger of the two Lucio Tan-led banks. "We have talked to investment banks to accelerate the...
Tags: allied banks, Allied Banking Corp., oceanic banks, PNB
Corporation Bank profit up
New Delhi :: India | 4 months ago
Credibility Corporation Bank reported a 41.75 per cent growth in net profit at Rs...Announcing the results at a press conference here on Wednesday, J...Garg, Chairman and Managing Director, said the operating profit for the quarter increased by Rs...During the first...
Tags: net profits, patni computers, SBI, q1 net, floating provision, PNB, told reported
PNB aims business of 10 lakh crore
New Delhi :: India | 5 months ago
Credibility The country's second largest public sector lender Punjab National Bank aims to double its profit to Rs 7,500 crore in the next four years. "The bank has set a target to expand total business to Rs 10 lakh crore and earn net profit of Rs 7,500 crore by...
Tags: deputy governor, long term, national banks, Reserve Bank of India, Indian, managing director, rbi deputy, Punjab National Bank, drastically reduction, PNB
Banks may see credit growth rise
Mumbai :: India | 8 months ago
Credibility Banks are likely to witness a credit growth of 20 per cent and deposit growth of 18 per cent in the present financial year...Chakrabarty, CMD of Punjab National Bank, said: "Indian banks are expected to witness a credit growth of 20 per cent and deposit...
Tags: credit growth, PNB, national banks
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