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lic housing finance: FSIB selects IFCI MD as SIDBI head, Sanjay Shukla for NHB MD

The Financial Services Institutions Bureau (FSIB) has recommended Manoj Mittal as the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI) and Sanjay Shukla as the Managing Director of National Housing Bank (NHB). Mittal will replace S Ramann, who joined SIDBI in April 2021. FSIB interviewed 21 candidates and recommended Mittal for the position.

Animesh-chauhan , Bhanu-pratap-sharma , Narendra-modi , Shailendra-bhandari , Manoj-mittal , Deepak-singhal , Vysya-bank , Small-industries-development-bank , Indian-audit-accounts-service , Financial-services-institutions-bureau , National-housing-bank , Department-of-personnel

Allahabad High Court orders CBI probe against officers of seven banks for sanctioning loans to defaulting company

The Court also found that company had not paid sugarcane dues to the farmers, with ₹279 crores outstanding for the last crushing season. It slammed the Cane Commissioner for not taking any action.

Baroda , Gujarat , India , Simbhaoli , Uttar-pradesh , Justice-prashant-kumar , Justice-mahesh-chandra-tripathi , Punjab-national-bank , Non-performing-asset , State-bank , Oriental-bank , Simbhaoli-sugar

fsib: FSIB recommends Vinay Tonse for MD position in SBI

Vinay M Tonse has been recommended for the position of Managing Director of State Bank of India (SBI) by FSIB, the headhunter for directors of state-owned banks and financial institutions. Tonse, who is currently serving as deputy managing director at SBI, was selected after interviews with 13 candidates.

India , Narendra-modi , Shailendra-bhandari , Deepak-singhal , Animesh-chauhan , Bhanu-pratap-sharma , Department-of-personnel , Financial-services-institutions-bureau , Vysya-bank , Appointments-committee-of-the-cabinet , Vinaym-tonse , Managing-director

Union Bank: Union Bank puts Visa Steel's debt on sale at lower price

The bank has set the reserve price at ₹143 crore, which is lower than the previous quarter's price of ₹160 crore. Additionally, debts of six other companies with total outstanding of ₹300 crore, including exposures to Asian Colour Coated Ispat Limited (ACCIL) and SDB Developers, are also up for sale.

India , Switzerland , Mumbai , Maharashtra , Swiss , Union-bank , Asian-colour-coated-ispat-limited , Visa-steel , Oriental-bank , Bank , Price

Mumbai Cyber Safe: Private company booked in 2 separate cases of bank fraud

It has been alleged that the company made huge transfers to its own accounts with other banks and to the account of other associate companies.

Byculla , Maharashtra , India , Mauritius , Balsingh-rajput , Uma-shankar-sinha , Central-bureau-of-investigation , Cyber-crime-cell-under-branch , Punjab-national-bank , United-bank , Central-bureau , Oriental-bank

Mumbai: Redressal panel dismisses JNPT's complaint against Oriental Bank of Commerce

The commission was hearing a complaint filed by the Jawaharlal Nehru Port Trust (JNPT) against Oriental Bank of Commerce (OBC) seeking refund and interest on certain amounts it gave for term deposits, which was fraudulently siphoned off.

Mumbai , Maharashtra , India , Surat , Gujarat , Inderjit-singh , Ram-maurya , Padmavati-international , Jawaharlal-nehru-port-trust , National-consumer-disputes-redressal-commission , Oriental-bank , Justice-ram-surat-maurya

Punjab National Bank posts ₹586 crore profit in Q4 | India News

India News: MUMBAI: Punjab National Bank reported a net profit of Rs 586 crore for quarter ended March 2021 as compared to a loss of Rs 697 crore in the correspon.

Mumbai , Maharashtra , India , Mallikarjuna-rao , Punjab-national-bank , United-bank , Oriental-bank , Ndia-news , Ndia-news-today , Oday-news , Oogle-news , Reaking-news

PNB expects three-fold jump in profit to Rs 6,000 crore in FY22

Despite COVID-19, the bank's profit surged over five times to Rs 2,022 crore during the financial year ended March 2021, against Rs 363.34 crore during 2019-20

Salisbury , Mashonaland-east , Zimbabwe , Canara , Karnataka , India , Mallikarjuna-rao , Salisbury-investments-pvt-ltd , Alpha-investmentsv-pte-ltd , M-pallonji-company , Development-authority-of-india-irdai , Punjab-national-bank

Punjab National Bank posts Rs 586 crore profit in Q4

India Business News: State-owned Punjab National Bank (PNB) on Friday posted a standalone profit of Rs 586.33 crore for the fourth quarter ended March, aided by good incre

India , Punjab-national-bank , United-bank , State-owned-punjab-national-bank , Oriental-bank , Qualified-institutional-placement , Issue-expenses , Business-news , United-bank-of-india , Pnb , Oriental-bank-of-commerce

Punjab National Bank To Divest Its Stakes In Canara HSBC OBC Life Insurance: Report

As of now, PNB has not revealed as to how much stake it is set to dilute 

Canara , Karnataka , India , Life-insurance-co , Punjab-national-bank , Canara-bank , Insurance-asia-pacific-holdings-ltd , Development-authority-of-india , Oriental-bank , Asia-pacific , Holdings-ltd