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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......

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......

How Punjab & Sind Bank plans to boost deposits

 'We are targeting good quality current and salary accounts.' Illustration: Dominic Xavier/Rediff.com State-owned Punjab & Sind Bank is targeting salary accounts to boost the share of low-cost......

Public sector banks' total profit crosses Rs 1 lakh crore-mark in FY23

 Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total......

New Challenges Facing Banks

 As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com  ......

Punjab & Sind Bank to sell 30% to raise Rs 1000 cr

 Public sector lender Punjab & Sind Bank is set to dilute a 25-30 per cent stake through private placement of equity by October for raising Rs 1,000 crore to finance its expansion. The......

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......

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