Weighed down by the development, shares of Punjab National Bank fell as much as 3.4% to ₹116.25 in opening trade on the BSE.

State-owned Punjab National Bank reported a Rs 2,434 crore loan fraud to the Reserve Bank of India. The fraud was committed ...

Punjab National Bank (PNB) has reported a loan fraud of Rs 2,434 crore by former promoters of SREI Equipment Finance Ltd and ...

Punjab National Bank (PNB) shares are experiencing selling pressure on Monday, December 29, after the public sector lender ...

Punjab National Bank has reported a loan fraud of Rs 2,434 crore by the former promoters of Srei Infrastructure Finance and ...

Following its decision to appoint McCann Erickson as its creative partner, Srei Infrastructure, a holistic infrastructure institution, has assigned its media mandate to Motivator. The win comes in the ...

More skeletons are tumbling out of Kolkata-based Srei Group companies --Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance --which are facing bankruptcy proceedings for ...

Asset reconstruction company NARCL may revive Srei Infrastructure Finance Ltd (SIFL). However, the asset reconstruction company NARCL may wind up Srei's equipment financing arm SEFL after recovering ...

India’s SREI Infrastructure Finance is planning to raise $1 billion to invest in roads, power and ports, Reuters reported Thursday. The firm aims to raise $500 million in a first closing. SREI ...

India's central bank said on Monday it will initiate bankruptcy proceedings against Srei Infrastructure Finance Ltd and Srei Equipment Finance Ltd, and superseded the non-banking financial companies' ...

Srei Infrastructure Finance Ltd. plans to stop financing Indian infrastructure projects after three decades in the business, as a slowing economy and crisis in the shadow bank sector dries up funding ...

PNB reports to the RBI a loan scam of Rs 2,434 crore committed by former SREI promoters, with complete safeguards against the exposure in the Infrastructure and Equipment Finance departments.