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THE TRUTH ABOUT: Pnb - The Untold Story

Q2 business update impact: PNB, Bank of Baroda, AU Small Finance Bank shares jump up to 4%. What lies ahead?

Shares of Punjab National Bank, Bank of Baroda and AU Small Finance Bank rose up to 4% after strong Q2 business updates. Deposits and advances recorded robust year-on-year growth across the lenders, boosting investor sentiment. Analysts expect loan growth momentum to continue, though near-term margins could remain under pressure amid…

The Economic Times · 12m ago

PNB scam: CBI arrests Nirav Modi's aide Sandeep Mistry after extradition from UAE

Sandeep Mistry was extradited from the UAE and arrested by the CBI in Mumbai. He faces charges related to the Punjab National Bank scam involving Nirav Modi and others. The CBI alleges Mistry actively participated in a conspiracy to defraud the bank of nearly Rs 6,498.20 crore. Mistry and other…

The Economic Times · Sep 29

Bank strike latest news: Will banks remain open on September 28? What SBI, PNB, Bank of India, Indian Bank & other bank customers need to know

Bank strike today: The latest bank strike news is that the proposed three-day nationwide strike from September 28 to 30 has been deferred after talks between the Indian Banks’ Association (IBA) and the United Forum of Bank Unions (UFBU). The decision comes amid the unions’ demand for five-day banking, with…

The Economic Times · Sep 27

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NIA arrests two key accused in Rs 17.29 crore counterfeit currency racket via Saharanpur PNB chest

The National Investigation Agency has arrested two individuals in Saharanpur for their alleged involvement. These arrests are linked to the circulation of counterfeit currency notes through a Punjab National Bank chest. The agency previously apprehended two other key accused in this ongoing investigation. Authorities discovered counterfeit notes with a face…

The Economic Times · Sep 20

Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check details

Bank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for this action, impacting branch operations. Banks advise customers to use digital channels and ATMs for essential transactions. Essential services will run, but branch work may be affected by…

The Economic Times · Sep 10

Banks slash FCNR (B) interest rates: HDFC Bank, ICICI Bank, SBI, PNB, Axis Bank revise rates on 3-5-year deposits

FCNR (B) deposit interest rate cuts have particularly been made in deposits of three to five years, which had higher interest rates after the Reserve Bank of India (RBI) announced a relief on hedging costs.

The Economic Times · Sep 2

PNB officials took out Rs 7.4 crore worth real currency from the vault and replaced it with fake notes; senior manager and two chest managers among suspects

PNB officials in Uttar Pradesh allegedly took out genuine currency worth Rs 7.4 crore from a bank vault and replaced it with fake notes, according to a Times of India report. The fraud came to light after a Rs 4.36 lakh shortage in cash sent to RBI triggered an audit,…

The Economic Times · Sep 1

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Why a 1963 bank case should not decide the Paramount/Warner deal

In United States v. Philadelphia National Bank, the Supreme Court blocked two banks from merging at a time when the market was simple to measure.

Fortune · Aug 31

CBI court rejects discharge plea of PNB scam accused Shetty's wife in DA case

A special CBI court has refused to discharge Ashalatha Shetty, wife of former Punjab National Bank deputy manager Gokulnath Shetty, in a disproportionate assets case linked to the PNB scam.

The Economic Times · Aug 25

Jaipur Dialogues – a platform that doxxed 15-year-old protestor – has BJP ties

In late July 2026, an online storm upended the life of a 15-year-old girl. The teenager had joined the student demonstrations that forced the former Education minister Dharmendra Pradhan to resign. Like many young protesters around her, she directed her ire at Prime Minister Narendra Modi. A video clip of…

Newslaundry · Aug 24

Punjab National Bank inks pact with Indian Army to offer curated credit cards to army personnel

Punjab National Bank and the Indian Army have signed an exclusive memorandum of understanding. This partnership will offer two specialised credit cards for Army personnel. These cards provide benefits like cashback and airport lounge access. The PNB Parakram Credit Card features an environmentally friendly biodegradable design.

The Economic Times · Aug 21

444-day FD with highest interest rates: Which PSU bank provides highest maturity on Rs 5 lakh investment? Check here

Public sector banks are currently offering enticing interest rates on fixed deposits with special tenures. The standout option is the 444-day scheme provided by the Central Bank of India, boasting an impressive interest rate of 6.75%.

The Economic Times · Aug 21

Up to 7.25% senior citizen FD interest rate: What is the maturity amount on Rs 5 lakh in 5-year SBI, PNB, HDFC Bank & other FDs?

For senior citizens seeking consistent returns, fixed deposits present an appealing option. Notably, Axis Bank currently leads the market with a striking interest rate of 7.25% for a five-year term. A Rs 5 lakh investment could mature to around Rs 7.16 lakh after five years. Other prominent banks such as…

The Economic Times · Aug 14

7 debit cards with complimentary airport lounge access in 2026 that you might not be aware of; 3 are without minimum spend criteria

Credit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Bank of Baroda offering complimentary domestic and international lounge visits, with some having no minimum spend criteria. Check out these 7 debit cards that offer lounge…

The Economic Times · Aug 13

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The Economic Times · Aug 11

Can housing society clamp your wrongly parked car with a wheel jammer? Maharashtra court says yes but with this condition

Man purchased flat from PNB in auction but got only 1 parking spot for his 6 vehicles; housing society used wheel jammer to clamp wrongly parked vehicles; Maharashtra co-op appellate court rules society needs to give 48 hour notice with reasons to clamp wrongly parked vehicle. Know what happened in…

The Economic Times · Aug 9

PNB to roll out its wealth management product by Dec aimed at boosting non-interest income

Punjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business operations. This expansion aims to significantly enhance the bank's non-interest income streams. PNB anticipates its profit will surpass twenty thousand crore rupees this financial year.

The Economic Times · Aug 4

FCNR (B) FD interest rates up to 6.50%: SBI, HDFC Bank, PNB and others- which bank offers highest rate?

For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from three to five years, Punjab National Bank currently leads with an attractive 6.50% rate on select five-year deposits. Meanwhile, HDFC Bank and ICICI Bank also showcase…

The Economic Times · Aug 4

ICICI Securities initiates coverage on 7 PSU banks with positive valuations

ICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for these institutions leading up to fiscal year twenty twenty-eight. Loan growth should remain vigorous, estimated at fourteen to fifteen percent each year. While asset quality is likely…

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The Economic Times · Aug 3

Stocks in news: Maruti Suzuki, ITC, ZEE, Persistent Systems, and Muthoot Finance

Markets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish structure by surpassing the 200-day EMA, positioning for further gains. ITC reported a net profit drop while revenue rose, and Maruti Suzuki saw a net profit decline. Sun Pharma reported net profit growth,…

The Economic Times · Aug 2

PNB to hold off on subsidiary monetisation, focus on value creation: MD Ashok Chandra

Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequacy exceeds 18 percent, well above regulatory requirements. This strong capitalization means no market fund raising is planned for growth initiatives. PNB expects its net profit to surpass twenty thousand crore rupees…

The Economic Times · Jul 29

5 credit cards with complimentary airport lounge access without any minimum spend criteria in 2026: One of them is lifetime free

Looking for credit cards with free airport lounge access? Check these 5 credit cards that still offer complimentary domestic or international lounge access without any minimum spending criteria. These cards also have a low joining fee and one of them is free for lifetime. Check other things like eligibility criteria,…

The Economic Times · Jul 29

HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank list

HDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY 2021-22 to FY 2025-26. Private sector banks collected penalties from FY 2022-23 to FY 2025-26. Most public sector banks have now withdrawn these charges for savings accounts.…

The Economic Times · Jul 25

Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturity

Highest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank offer 7.75% on three-year FDs. DCB Bank leads with an 8.00% interest rate for five-year fixed deposits. Public sector banks like Bank of India provide 7.45% on three-year…

The Economic Times · Jul 23

NRE vs NRO FD: SBI, HDFC Bank, PNB and Axis Bank interest rates compared; know key differences

NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts hold international funds. Interest on NRO deposits faces tax, unlike NRE accounts which are tax-free. NRE funds are fully repatriable, and NRO funds have a yearly repatriation limit. Major banks…

The Economic Times · Jul 22

Punjab National Bank eyes ambitious target to break into world's top 100

Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a significant surge in net profit reported last quarter, the bank is optimistic about accelerating credit growth and diversifying its business interests. Plans include launching wealth…

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