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Thieves steal crores in daring 'Dhoom' style heist

In a Bollywood-style heist, thieves dug up a 125-feet-long tunnel to a nationalised a bank in Sonepat district and broke into 77 lockers decamping with cash, jewellery and other valuables. Though......

PIX: Two injured in Assam grenade blast

Two persons were injured and a vehicle was damaged when unidentified miscreants hurled grenades in front of Punjab National Bank branch at Ganeshguri in the heart of the city around 6.10 on Tuesday......

West Bengal: Maoists loot Rs 84 lakh from bank

Suspected armed Maoists on Wednesday looted over Rs 84 lakh from a branch of the Punjab National Bank in Purulia. Superintendent of Police Ashok Kumar Prasad said eight motorcycle-borne miscreants......

SBI, Allahabad Bank to offer home loans cheaper after RBI rate cut

State Bank of India, the nation's top lender by assets, said on Tuesday it will cut its base lending rate by 15 basis points to 9.7 per cent, effective June 8. The reduction follows a 25 basis......

Women directors: 32 PSU firms non-compliant with Sebi norms

As many as 32 public sector firms, including GAIL, ONGC, NTPC, SAIL and Punjab National Bank have failed to comply with regulator Sebi's norms to appoint at least one woman director on their......

Private sector staff to head state-owned banks?

Currently, top positions are vacant at three large state-run banks -- Bank of Baroda, Canara Bank and Punjab National Bank The government might consider candidates from the private sector to head......

Centre cancels selection of 6 govt bank chiefs by UPA

The National Democratic Alliance (NDA) government on Monday scrapped the selection of six chiefs of public sector banks, recommended under the United Progressive Alliance (UPA) regime, following a......

Kingfisher saga: HC seeks responses on PNB plea

The Delhi high court on Monday sought responses of the Centre and Kingfisher Airlines on a plea that lawyers cannot appear before lending bank PNB in the process to declare the ailing carrier and......

Indian Oil wins Beighton Cup hockey

Favourites Indian Oil retained the Beighton Cup hockey title, outplaying Punjab National Bank (PNB) 5-2 in the title clash in Kolkata on Sunday. -Dhanraj Pillay against foreign coaches Indian Oil,......
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Life Insurance Council gets executive council

Life Insurance Council has got its first executive committee elected today. The executive committee (EC) will have one representative from Life... ...

http://smartinvestor.business-standard.com/market/Marketnews-327321-Marketnewsdet-Life_Insurance_Council_gets_executive_council.htm
How govt will infuse Rs 70000cr into PSBs by FY19

The Finance Ministry said that this year's Rs 25,000 crore capital infusion would be disbursed in three tranches: Rs 12,010 crore immediately,... ...

http://www.moneycontrol.com/news/cnbc-tv18-comments/detailed-how-govt-will-infuse-rs-70000cr-into-psbs-by-fy19_2265901.html
Jaitley Plans to Give Rs 70,000 Cr Lifeline to Ailing State Banks

New Delhi : Planning to inject $11 billion of capital into debt-laden state banks over the next four years, Finance Minister Arun Jaitley on Friday... ...

http://profit.ndtv.com/news/economy/article-jaitley-plans-to-give-rs-70-000-cr-lifeline-to-ailing-state-banks-1202575
Govt seeks $4B spending boost

The Indian Finance Ministry on Friday sought Parliament's nod to spend an additional Rs 25,500 crore in the current fiscal, nearly half of which... ...

http://www.vccircle.com/news/economy/2015/07/31/government-seeks-parliament-nod-4b-additional-spending
Govt to infuse Rs70,000 crore in state-run banks over 4 years

Most state-run banks have been battling low profitability, which has been impacted by rising NPAs and massive increases in restructured advances.... ...

http://www.livemint.com/Politics/Z1vbaNRiiLdefJWJ3jnwCN/Govt-to-infuse-Rs70000-crore-in-staterun-banks-over-4-year.html

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