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Carlyle seeks to double holding in PNB Housing Finance

Tuesday, December 18, 2018, 7:57 PM

Carlyle Group LP is seeking to double its holding in Indian mortgage lender PNB Housing Finance Ltd., people familiar with the matter said, reversing an earlier attempt to pare its stake in the company. Carlyle and PNB had earlier invited bids for their holdings in the mortgage financier, though the latter said in November that it would continue with the sale process independently.
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PNB ranked as top PSU bank in online transactions in India

Saturday, August 25, 2018, 8:11 PM

Punjab National Bank said a Department of Financial Services report has rated it as number one state-owned bank in terms of digital transactions. The Nirav Modi scam-hit bank is also rated as the sixth overall amongst all banks in India for digital performance. The bank is rated as 'Good' by the government with a score of 71 which is the highest category of performance.
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Dues of PNB's big wilful defaulters rise to Rs 15,490 cr

Sunday, June 17, 2018, 12:26 PM

Wilful defaulters borrowing Rs 25 lakh and above owed more than Rs 15,490 crore to PNB as of May end, up 2 percent from the preceding month. The data from the state-owned Punjab National Bank covers the big wilful defaulters who are not paying back their loans despite having the capacity to do so.

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