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SBI vs PNB vs Central Bank: 1-year FD; What will be the maturity amount on Rs 7 lakh investment for general and senior citizens

SBI vs PNB vs Central Bank: 1-year FD; What will be the maturity amount on Rs 7 lakh investment for general and senior citizens

Wed, Nov 06, 2024

Compare 1 year fixed deposit (FD) of State Bank of India (SBI), Punjab National Bank (PNB), and Central Bank to find out what will be the maturity amount on Rs 7 lakh investment for general and senior citizens.

Best 3-year FD for senior citizens: SBI vs PNB vs HDFC Bank; which FD will give highest return on Rs 5 lakh investment

Best 3-year FD for senior citizens: SBI vs PNB vs HDFC Bank; which FD will give highest return on Rs 5 lakh investment

Thu, Oct 31, 2024

Senior Citizen FD is a term deposit plan for individuals aged 60 and above. Here, we will compare the fixed deposits (FD) of 3 banks: State Bank of India (SBI), Punjab National Bank (PNB), and HDFC Bank to find out which FD will give the highest return to senior citizens on a Rs 5 lakh investment in the respective 3-year FDs.

HDFC Standard Life buys PNB Housing Finance shares worth Rs 90 crore

HDFC Standard Life buys PNB Housing Finance shares worth Rs 90 crore

Tue, Oct 29, 2024

According to the block deal data available on the BSE, HDFC Standard Life Insurance Company Ltd purchased a little over 10 lakh shares or 0.4 per cent stake in PNB Housing Finance.

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PNB fraud: Mauritius promises action against entities linked to fraudulent practices

PNB fraud: Mauritius promises action against entities linked to fraudulent practices

Sun, Mar 04, 2018

PNB fraud: The Financial Services Commission (FSC) of Mauritius said in a statement that it has taken cognizance of the media reports about the purported fraud allegations with regards to Punjab National Bank, Nirav Modi and Mehul Choksi

PNB fraud: CBI arrests auditor at bank as fraud investigation widens

PNB fraud: CBI arrests auditor at bank as fraud investigation widens

Thu, Mar 01, 2018

PNB fraud: The Central Bureau of Investigation (CBI) on Wednesday arrested an auditor of a Punjab National Bank branch at the centre of an alleged $2 billion fraud, a police spokesman said, bringing the number of bank employees held to seven as the investigation widens.

PNB fraud: Nirav Modi, Mehul Choksi put jewellery sector's growth at stake

PNB fraud: Nirav Modi, Mehul Choksi put jewellery sector's growth at stake

Wed, Feb 28, 2018

The developments related to the ONB fraud case has hit the jewellery sector in India, where Gems and Jewellery retail market is estimated to be at Rs 3,90,000 crore, out of which 30% are formal retailers.

PNB shares dip below Rs 100; trade with Rs 90 stoploss, says expert

PNB shares dip below Rs 100; trade with Rs 90 stoploss, says expert

Wed, Feb 28, 2018

Shares of Punjab National Bank (PNB) dipped further below its key psychological level of Rs 100 as selling pressure on the stock strengthened. The stock dipped as much as 6.45 per cent to Rs 92, its fresh 52-week low, in intraday trade today.

Sensex Today: Index slips 160 points at close; HUL, ICICI Bank top losers

Wed, Feb 28, 2018

Sensex today: The domestic market extended losses for the third straight session on Wednesday with the Nifty50 ending below 10,500, tracking Asian markets after US Federal Reserve Chair Jerome Powell’s remarks about a potential rise in the number of rate hikes, while uncertainty over state-run ba

Sensex Today Live: Index ends 99 points lower; Axis Bank, SBI top losers

Tue, Feb 27, 2018

Sensex today: The benchmark indices pared morning gains to settle in red dragged by banking stocks after Punjab National Bank (PNB) uncovered more fraudulent transactions, while investors traded cautiously ahead of key economic data later this week.

PNB stock hits fresh 52-week low, tanks 9%; bank makes a key disclosure late at night

PNB stock hits fresh 52-week low, tanks 9%; bank makes a key disclosure late at night

Tue, Feb 27, 2018

The shares of Punjab National Bank (PNB) tanked nearly 9 per cent on Tuesday after the public lender informed bourses that the amount of fraudulent transactions could be Rs 1,300 crore more than the current estimate of about Rs 11,400 crore.

‘Data breach’ at PNB! 10,000 credit and debit cards details affected: Report

‘Data breach’ at PNB! 10,000 credit and debit cards details affected: Report

Fri, Feb 23, 2018

PNB fraud: The discovery of fraudulent transactions and data breach highlight the weak operational controls and corporate governance at the Punjab National Bank.

PNB fraud case: 9 firms tied to Nirav Modi did no business

PNB fraud case: 9 firms tied to Nirav Modi did no business

Fri, Feb 23, 2018

AT least nine firms associated with billionaire diamond jeweller Nirav Modi were incorporated in 2010 but did not carry out any business before all of them were shut down in 2012, as per records investigated by The Indian Express.

FAST MONEY: PNB, Indiabulls Real Estate among key intraday tips for today's trade

FAST MONEY: PNB, Indiabulls Real Estate among key intraday tips for today's trade

Fri, Feb 23, 2018

The domestic market is expected to kick off the March series on a positive note, tracking positive trend in Asian markets, which rebounded as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year.

Nirav Modi fraud case may trigger corrective action on PNB: report

Nirav Modi fraud case may trigger corrective action on PNB: report

Thu, Feb 22, 2018

The state-run lender had detected fraudulent transactions worth Rs 11,400 crore at one of its branches in Mumbai

Come up with implementable plan to repay dues: PNB to Nirav Modi

Come up with implementable plan to repay dues: PNB to Nirav Modi

Thu, Feb 22, 2018

When the illegal activities of Nirav Modi surfaced, the bank brought them to the notice of the law enforcement agencies as they apparently violated FEMA and anti-money laundering law.

Jhunjhunwala's favourite stock to be included in Nifty50

Jhunjhunwala's favourite stock to be included in Nifty50

Thu, Feb 22, 2018

Bajaj Finserv, Grasim Industries and Titan Company will replace Ambuja Cements, Aurobindo Pharma and Bosch

Gitanjali Gems tanks for 5th straight day, PNB recoups losses

Gitanjali Gems tanks for 5th straight day, PNB recoups losses

Tue, Feb 20, 2018

Shares of Gitanjali Gems on Tuesday tanked for the fifth straight trade session, a day after two senior officials of the company -- Chandrakant Karkare and Pankhuri Warange -- resigned following the unravelling of $1.8-billion Punjab National Bank (PNB) fraud.

After Fitch, Moody's places PNB ratings under review for downgrade

After Fitch, Moody's places PNB ratings under review for downgrade

Tue, Feb 20, 2018

The primary driver for today's rating action is the risk of weakening of the bank's standalone credit profile, as a result of the discovery of a number of fraudulent transactions

PNB fraud: Banks review HR strategy; BoI begins to seek update

PNB fraud: Banks review HR strategy; BoI begins to seek update

Tue, Feb 20, 2018

In the wake of Rs 11,000 crore fraud at Punjab National Bank, the biggest ever in the banking history, other banks have woken up to plug loopholes in the system. Several banks have reportedly started moving their officials holding same positions for more than three years.

PNB scam case: Supreme Court to hear bank plea on Friday

PNB scam case: Supreme Court to hear bank plea on Friday

Tue, Feb 20, 2018

A petition seeking registration of cases against all those involved in the PNB fraud and “immediate deportation” of Nirav Modi seeks the formation of a committee to document the details of bad debts in the country

Sensex turns flat, Nifty trades below 10,400; PSU banks drag

Sensex turns flat, Nifty trades below 10,400; PSU banks drag

Tue, Feb 20, 2018

The benchmark indices turned flat after opening higher as gains in IT and metal stocks were offset by continued losses in public sector banks. Negative trend in Asian markets, which stalled their recovery post a slump in European equities also influenced the sentiment.

You closed all options to recover dues by going public: Nirav Modi to PNB

You closed all options to recover dues by going public: Nirav Modi to PNB

Tue, Feb 20, 2018

Nirav Modi,the kingpin behind the largest banking scam in the country's history, has virtually wrung his arms in the air saying PNB's overzealousness has shut the doors on his ability to clear the dues, which he claimed is much lower than the bank has gone public with.

Sensex extends losses, dips 200 points; Nifty below 10,400

Sensex extends losses, dips 200 points; Nifty below 10,400

Mon, Feb 19, 2018

The benchmark indices extended losses as the session progressed even as global cues remained positive with the Asian markets ticking up, joining a global recovery.

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