"punjab-national-bank"

With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.

The bank had taken approval for raising Rs 14,000 crore through a mix of equity and debt.

The assembly commenced with the prayer followed by the thought for the day and the news headlines.

After the approval of resolution plan from NCLT/NCLAT, the loan account will be classified under 'green' category from 'amber' category, the company said in a statement on Monday.

A campaign was launched on August 15 commemorating with the 75th Independence Day by CH S S Mallikarjuna Rao, MD & CEO, PNB, a press release said

Banks rely on pvt agencies for conducting audit to identify frauds committed by companies

Addressing a press conference here on Saturday, he said the bank is back to being profitable and it has reported over Rs 300 crore profit in the first quarter this financial year