State-owned Punjab Nationwide Financial institution (PNB) is aiming to increase its lending to the RAM section—comprising Retail, Agriculture, and MSMEs—to 58 per cent of its complete mortgage e book within the present monetary yr, up from 56 per cent in FY25, in keeping with Managing Director and CEO Ashok Chandra.The financial institution ended FY25 with…
Investec maintained its ‘promote’ score on Punjab Nationwide Bankwith the goal worth reduce to Rs 85 from Rs 90 earlier. Analysts mentioned the financial institution’s web curiosity margin was weak whereas the return on property outlook was softening. It reported slower loans progress attributable to decrease retail/company disbursements.Analysts anticipate profitability moderation this yr.Morgan Stanley maintained…
NEW DELHI: Supreme Court docket on Friday quashed the acquisition of bankrupt Bhushan Energy & Metal Ltd by JSW beneath the Insolvency and Chapter Code and ordered liquidation of the debt-ridden firm, in a blow to the Sajjan Jindal-led group and public sector banks, studies Amit Anand Choudhary.The courtroom stated there have been a number…
&w=600&resize=600,400&ssl=1 "Mehul Choksi, fugitive diamond service provider, arrested in Belgium on India’s extradition request: Report")
Fugitive diamond service provider Mehul Choksi was arrested in Belgium following a request for extradition from India. Choksi was the important thing accused within the Rs 14,000-crore Punjab Nationwide Financial institution fraud case learn extra Fugitive diamond service provider Mehul Choksi was arrested by Belgian authorities on Saturday on the extradition request issued by the…
India has grow to be a internet exporter of toys. India’s toy business is on a robust development trajectory, with the potential to seize a bigger share of the worldwide toy market, which is projected to succeed in $ 179.4 billion by 2032, in line with a report by Punjab Nationwide Financial institution (PNB). The…
