Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

Public sector banks may take QIP route to meet shareholding norm

Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Illustration: Dominic Xavier/Rediff.com Punjab......

FM Nirmala Sitharaman to review RRBs' performance after Budget session

Union Finance Minister Nirmala Sitharaman will review the performance of regional rural banks (RRBs) after the Budget session of Parliament, according to two people familiar with the matter.......

Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

MPS: FinMin may extend August deadline for PSBs, insurers

The finance ministry is in favour of extending the August deadline for public sector banks (PSBs) as well as insurance companies to increase their minimum public shareholding (MPS) to the mandated......

Punjab Sind Bank win Surjit hockey

After proving their mettle in the recent National Championship, Punjab and Sind Bank added another feather to their cap by winning the men's title in the Surjit hockey tournament in Jalandhar on......

Punjab Sind Bank win National hockey

Punjab and Sind Bank retained the Rangaswamy Cup, the symbol of supremacy in the National Hockey Championship, after a 3-1 victory over Delhi in the final, at the Surjit Singh hockey stadium in......

Indian Airlines, Punjab Sind Bank in semis

Indian Airlines and Punjab and Sind Bank made it to the semi-finals in the All India Maharaja Ranjit Singh hockey tournament at the Shivaji Stadium in Delhi on Friday.Brojen Singh scored with a......

Punjab and Sind Bank win Bombay Gold Cup

It was third time lucky for Punjab and Sind Bank (PSB), Jallandhar. The Punjab outfit, playing in their third final, emerged champions in the 42nd edition of the Union Bank- sponsored Bombay Gold......

Punjab and Sind Bank stage fine rally

Punjab and Sind Bank overcame a resolute Indian Oil 2-1 in a Super League match of the 40th ONGC-Nehru hockey tournament in Delhi on Tuesday.Indian Oil paid the price for frittering away a 1-0......