Wilful defaulters borrowing Rs 25 lakh and above owed more than Rs 15,490 crore to PNB as of May end, up 2 per cent from the preceding month.
Fitch Ratings today downgraded viability rating of fraud-hit Punjab National Bank, citing significant deterioration in its credit profile and oversight gaps.
The scrip of Bank of India soared 5.31 per cent, Punjab National Bank 4.62 per cent, Union Bank of India 4.38 per cent and Bank of Maharashtra 3.03 per cent.
CBI likely to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi
PNB saw wilful defaults by big borrowers slipping further to Rs 15,199.57 crore in April this year over the previous month.
Bombay High Court declared the arrest of Kavita Mankikar, an accused in the Punjab National Bank scam, as illegal, as she was taken into custody after sunset.
Shares of PNB slumped around 14 per cent, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18.
Shares of PNB today fell by 6% after the company posted largest ever quarterly loss of Rs 13,416.91 cr. The stock went down by 3.80 per cent to end at Rs 86 on BSE.
CBI filed its first charge sheet in PNB case, detailing the alleged role of the bank's former chief Usha Ananthasubramanian, officials said.
ED has refused to disclose under the RTI Act the assets of Nirav Modi and Mehul Choksi seized during its probe into the over $2 billion scam in PNB.
U.P. Govt cancels Purvanchal Expressway bids
Co's Rs 1,740 Cr bid for expressway section cancelled
U.P. Govt to re-invite bids for expressway project
Settles Abraxane patent dispute with Celgene Corp
Partner Apotex may sell generic of Abraxane in U.S.
Telecom Department may clear Vodafone-Idea merger today
Dr. Reddys new drug hits legal hurdle
U.S. court issues restraint order following patent litigation over Suboxone
Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product
The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter
Board mulls reshuffle of top management
ICICI Prudential Life Chief Bakshi may be named ICICI bank interim