Indian Express (Free subscription) | 07/01/2009
The country's second largest public sector lender, Punjab National Bank, may raise up to Rs 300 crore from bonds issue that will open on Wednesday for private placement.
Hindu (Free subscription) | 06/01/2009
KOZHIKODE: The Punjab National Bank (PNB) has started back-office operations for the Kerala Circle. PNB circle head Krishnan Ramiah said here recently that the entire back-office operations of the 133 branches will be done at Kozhikode. ...
The Telegraph India (Free subscription) | yesterday
... involving a Strand Road building. The value of the property, over Rs 1 crore, was deposited to Punjab National Bank.“Pal used to pay the building’s electricity and other bills and kept Mitra’s cheque book with him. He started forging the officer’s signature and transferring money to his friends’ accounts,” said an investigator.According to police, Pal started siphoning off the money in August...
The Telegraph India (Free subscription) | yesterday
... auditors, which are certified by the management,” said U.B. Bhargava, former general manager of Punjab National Bank. An internal auditor reports to management, while a statutory auditor such as PricewaterhouseCoopers reports to shareholders.According to a audit consultant, there have even been instances abroad of companies intercepting bank’s confirmation messages to external auditors.“The...
Hindu (Free subscription) | 07/01/2009
... of Travancore, Allahabad Bank, Andhra Bank, Central Bank of India, Corporation Bank, Dena Bank, Punjab National Bank, Union Bank of India, UCO Bank, Vijaya Bank, Bank of Maharashtra, City Union Bank, Federal Bank, Karnataka Bank and ING-Vysya Bank.In the aforementioned list, it bears mention that a good number of banks are public sector undertakings.The other area where banks have failed...
The Telegraph India (Free subscription) | 05/01/2009
... shortlisted five names for the deputy governor’s job. Bank of India chairman T.S. Narayanasami, Punjab National Bank’s K.C. Chakrabarty and Canara Bank’s A.C. Mahajan are in the race. Leeladhar is involved in supervision, and RBI officers have said that the post does not require a banker.Satyam had to abandon the acquisitions of two Maytas firms, promoted by the relatives of its chairman...
Hindu (Free subscription) | 04/01/2009
TiruchiEntrepreneurship training yields good results Staff Reporter 36 emerge successful in fulfilling requirements to receive bank loan Good luck: Jagat Ram, GM, Punjab National Bank - MSME Division, New Delhi, handing over loan sanction document to an entrepreneur in Tiruchi on Sunday. He is flanked to his left and right by S.M. Veerappan, Circle Head, Circle Head, PNB, and N. Srinivasulu,...
Mobile Reviews (Free subscription) | 02/01/2009
... companies planning to hire big include public sector banking giants like State Bank of India and Punjab National Bank as well as insurance firms such as Anil Ambani group’s Reliance Life, SBI Life, Metlife, Max New York Life.Even some BPOs and healthcare firms like ACS and Accentia are planning to hire thousands of people in the coming days.The proposed hirings include more than one lakh...
Times of India (Free subscription) | 01/01/2009
... companies planning to hire big include public sector banking giants like State Bank of India and Punjab National Bank as well as insurance firms such as Anil Ambani group’s Reliance Life, SBI Life, Metlife, Max New York Life. Even some BPOs and healthcare firms like ACS and Accentia are planning to hire thousands of people in the coming days. The proposed hirings include more than one lakh...
Times of India (Free subscription) | 01/01/2009
MUMBAI: Foreign fund Goldman Sachs Investments Mauritius (India) on Thursday bought shares worth Rs 30.84 crore in Indiabulls Real Estate through open market transactions. According to the information on bulk deals available on the National Stock Exchange, Goldman Sachs Investments Mauritius bought 20.89 lakh shares at Rs 147.64 per piece aggregating to Rs 30.84 crore. In another bulk deal, ...
