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BGR Energy s loan account classified as NPA by Union Bank

BGR Energy s loan account classified as NPA by Union Bank
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Union Bank classifies BGR Energy Systems debt as NPA

The total outstanding borrowings of BGR Energy Systems from financial institutions added up to ₹3,758 crore, of which fund-based borrowings and non-fund-based borrowings were ₹1,400 crore and ₹2,358 crore, respectively.

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PNB signs MoU with Indian Renewable Energy Development Agency

Jammu Tawi: Punjab National Bank (PNB), nation’s leading public sector bank, and Indian Renewable Energy Development Agency (IREDA), country’s leading renewable energy agency, have signed a Memorandum of Understanding at IREDA Headquarter in New Delhi.Both the institutions will collaborate with each other in the field of lending in Renewable Energy sector. With this step, both

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CBI court frames charges in ₹1,301-crore bank fraud in Chandigarh

The CBI had registered an FIR on April 7, 2017, following a written complaint of Punjab National Bank, Large Corporate Branch, Chandigarh (Lead Bank), against the company and its directors

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Hyderabad: Four sentenced to 5 years in jail in fake docs case

After investigation, a charge sheet was filed against six persons. The trial court found the said accused guilty and convicted them.

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