New Delhi, July 18 (IANS) State-owned Punjab National Bank (PNB) on Saturday reported a nearly three-fold year-on-year jump in consolidated net profit to Rs 5,339 crore for the first quarter of FY27.The bank had posted a consolidated net profit of Rs 1,832 crore in the corresponding quarter of the previous financial year. On a sequential basis, net profit rose over 2 per cent from Rs 5,225.12 crore in the March quarter, according to its exchange filing.PNB’s consolidated total income stood at Rs…
Latest Punjab National Bank News & Updates
Bhopal, July 14 (IANS) In a cabinet meeting held at the Mantralaya on Tuesday, the Madhya Pradesh Council of Ministers, chaired by Chief Minister Mohan Yadav, gave its nod to multiple development proposals worth Rs 10,800 crore aimed at strengthening infrastructure and enhancing public welfare across the state, a press note issued here on Tuesday said. The Cabinet approved a massive Rs 8,445 crore for urban infrastructure development over the next five years. This funding, sourced from additiona…
Mumbai, July 10 (IANS) In a Rs 133 crore bank fraud case, the CBI registered a case against five directors of a Mumbai Company and public servants on the complaint of State Bank of India, an official said on Friday. The directors of Furnace Fabrica (India) Ltd named in the FIR by the CBI include A.R. Basheeruddin, Badri Prasad, Nezee Basheeruddin, Raiz Basheeruddin and Sanam Basheer, said a statement.The CBI registered the case after conducting searches at multiple premises linked to the company…
New Delhi, July 8 (IANS): The Enforcement Directorate (ED) conducted search operations on Tuesday at the premises of M/s E-Complex Private Limited and the residential premises of one of its directors, which resulted in the detection and seizure of evidence pertaining to suspicious transactions and assets beneficially owned or controlled by Reliance Anil Ambani Group, according to an official statement issued on Wednesday. During the search operations, several incriminating documents, records rel…
New Delhi, July 1 (IANS) The Central Bureau of Investigation (CBI) on Wednesday arrested a 2012-batch IPS officer, Deepak Gahlawat of the Haryana cadre, currently posted on Central deputation with the Bureau of Civil Aviation Security (BCAS) in Delhi, in connection with an alleged bribery case. According to the CBI, the agency had registered a case on June 8 against a Delhi Police Inspector and two private individuals.During the course of the investigation, it allegedly came to light that the IP…
New Delhi, June 29 (IANS) Public sector banks on Monday presented dividend cheques worth more than Rs 9,400 crore to Union Finance Minister Nirmala Sitharaman for the financial year 2025-26.Among the lenders, Bank of Baroda handed over a dividend cheque of Rs 2,811 crore to the Finance Minister for the financial year ended March 31, 2026. The cheque was presented by the bank’s Managing Director and Chief Executive Officer, Dr. Debadatta Chand, in the presence of Department of Financial Service…
New Delhi, June 26 (IANS) The Central Bureau of Investigation (CBI) on Friday arrested a manager of the Punjab National Bank’s Bhadrauli Branch in Agra’s Barhan, Uttar Pradesh, in connection with an alleged bribery case. According to the CBI, the case was registered on June 25, based on a complaint filed by an employee of a private company. It was alleged that the bank manager demanded illegal gratification of Rs 7,000 per loan file to process and clear around 19 solar panel loan applications.Th…
Kolkata, June 18 (IANS) The CBI on Thursday arrested a Proclaimed Offender in a post-poll violence case relating to the murder of Manik Maitra from Siliguri, West Bengal, an official said. Shyamal Barman has been at large since the registration of the FIR in this case and has never joined the investigation/trial, said the Central Bureau of Investigation (CBI) in a statement.The CBI had announced a cash reward of Rs 50,000 for his apprehension.After the arrest, the accused was produced before the…
Kolkata, June 18 (IANS) The CBI searched eight premises in Kolkata and seized incriminating documents in connection with three separate companies involved in a collective loan fraud worth Rs 191 crore with Punjab National Bank, an official said on Thursday. The CBI undertook searches on Wednesday in connection with three separate cases registered against Tantia Construction, Brahm Alloys and Amrit Feeds, the official said in a statement.In the Tantia Construction case, searches were conducted at…
New Delhi, May 27 (IANS) The Cyber Police Station of Central District Police on Wednesday busted an interstate cyber fraud network involved in supplying bank account kits, SIM cards, and ATM cards that were used in online fraud cases. Three key operatives linked to the racket have been arrested from Haryana, Punjab, and Himachal Pradesh. According to police, the accused targeted innocent citizens by impersonating Paytm employees and gaining access to victims’ mobile phones on the pretext of up…