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PNB quarterly net profit rises 5.5 percent
State-owned Punjab National Bank Tuesday reported a 5.5 percent increase in net profit at Rs.1,150 crore for the quarter ended Dec 31 as against Rs.1,089.77 crore during the like period of the previous financial year. Total income stood at Rs.10,435 crore up 30.82 percent during the quarter as compared to Rs.7,976.35 crore in the year ago period, the company said in a regulatory filing.In Images:

Punjab National Bank sees 3.5 pct NIM for FY12 - exec

State-run Punjab National Bank expects its net interest margin to be at 3.5 percent for fiscal year ending March 2012 and loan growth is likely at 18 percent on year, its Chairman K. R. Kamath

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Sebi may ask merchant bankers to monitor end-use of IPO money

Investment bankers generally laugh all the way to the bank once shares get listed on the bourses, but they may have to hang around a bit longer. The Securities and Exchange Board of India (Sebi) is

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Banks move to recast power sector loans
There is some current good news, from banks, for those who despair of state-run electricity distribution utlilities setting their finances in order.

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SBI classifies its Kingfisher Airlines exposure as NPA

Regulator gives airline 3 days to ready financial recovery & safety plan. The Kingfisher Airlines account became a non-performing asset for State Bank of India (SBI) on Thursday while the aviation

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SEBI cracking down on IPOs

The Securities and Exchange Board of India (SEBI) is reviewing the process for initial public offerings, its chairman said on Thursday, a day after it banned seven small companies from fund-raising

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PNB Videos

PNB Q3 profits rises by 7.8 pe...
PNB Q3 profits rises by 7.8 per cent

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