Recent Event Highlights: Let the party implement its own Kamraj Plan - Business Standard, Ashok Leyland inks MoU with Union Bank of India; Stock climbs 5% - TopNews, Downward Bias Expected In Stock Market, Says Avinash Gupta - TopNews, Mild criticism of budget in National Assembly - DAWN.com, Banks to slash rates by July - Calcutta Telegraph, Foreign firms may buy UTI AMC's 26% stake - Business Standard, and 102 more...
Created by dipity on May 30, 2009
Last updated: 09/10/09 at 03:09 AM
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Business StandardLet the party implement its own Kamraj PlanBusiness Standard, IndiaWe have done poorly in Rajasthan, Punjab, Maharashtra and Uttar Pradesh. In Gujarat and Madhya Pradesh, our performance has been below our expectations. The only states where our performance has been satisfactory are Chhattisgarh, Jharkhand, ...
http://www.business-standard.com/india/news/letparty-implement-its-own-kamraj-plan/361672/
TopNewsAshok Leyland inks MoU with Union Bank of India; Stock climbs 5%TopNews, IndiaEarlier, Ashok Leyland has signed similar MoUs with State Bank of India, State Bank of Patiala, Jammu & Kashmir Bank, Corporation Bank, Bank of Baroda and Punjab National Bank, to fully utilize the vast networks of Public Sector Banks to service the ...
http://www.topnews.in/ashok-leyland-inks-mou-union-bank-india-stock-climbs-5-2180295
TopNewsDownward Bias Expected In Stock Market, Says Avinash GuptaTopNews, India... to give way included metals, realty, power etc. Capital Goods, and Auto ancillary were also weak, he noted. He also said that some strength was noticed in the select banking stocks. State Bank of India, Axis Bank and PNB recorded gains, he marked.
http://www.topnews.in/downward-bias-expected-stock-market-says-avinash-gupta-2179987
Nhatky.inTop Tax-payer In India Is SBI pips PNGCNhatky.in, IndiaThe highest growth of 89% has been posted by Bank of India which has paid Rs 231 crore tax, followed by Bank of Baroda which has paid Rs 210 crore with a growth of 50% and PNB with Rs 236 crore marking an increase of 48% as compared to last year. ...
http://www.nhatky.in/top-tax-payer-in-india-is-sbi-pips-pngc-12338245
Down to Earth (subscription)Business on pedalsDown to Earth (subscription), IndiaCellphone operators Idea, Airtel and Aircel and Bisleri,Punjab National Bank, and Priya Gold Biscuit have signed advertising contracts with Samman. Kumar makes between Rs 300 and Rs 800 every month from advertising revenues. ...
http://www.downtoearth.org.in/full6.asp?foldername=20090630&filename=news&sec_id=50&sid=25
DAWN.comMild criticism of budget in National AssemblyDAWN.com, Pakistan'For God's sake don't take this parliament for granted,' he said but had words of assurance for the government that his party, which rules the Punjab province in an often troubled coalition with the PPP, would facilitate its task and complete its ...
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/13+mild+criticism+of+budget+in+national+assembly-za-10
Calcutta TelegraphBanks to slash rates by JulyCalcutta Telegraph, IndiaWhile most PSU banks lend at 11.75-12.25 per cent — Delhi-based Punjab National Bank has the lowest prime lending rate of 11 per cent — private banks such as ICICI Bank, HDFC Bank and Axis Bank give loans at 12.75-16 per cent. Yes Bank said it would ...
http://www.telegraphindia.com/1090617/jsp/business/story_11122906.jsp
Business StandardForeign firms may buy UTI AMC's 26% stakeBusiness Standard, IndiaLife Insurance Corporation of India, State Bank of India, Bank of Baroda and Punjab National Bank hold equal stakes of 25 per cent each in UTI AMC, which has Rs 63438 crore assets under its management as on May 31, 2009. The proposal is to dilute 6.5 ...
http://www.business-standard.com/common/news_article.php?tab=r&autono=361099&subLeft=1&leftnm=2
Calcutta TelegraphState Bank lowers deposit ratesCalcutta Telegraph, IndiaDespite successive reductions, the deposit rates offered by the SBI are better than those offered by the Punjab National Bank (PNB), the second largest public sector bank which now has the lowest prime lending rate (PLR). For instance, in the maturity ...
http://www.telegraphindia.com/1090614/jsp/business/story_11109074.jsp
Chandigarh TribuneG8: Economy stabilising, recovery uncertainChandigarh Tribune, IndiaReuters/AP Punjab National Bank chairman and managing director KC Chakrabarty today said the time was not ripe for consolidation in the banking sector, a view contrary to that expressed by the government. “The time is not ripe enough. ...
http://www.tribuneindia.com/2009/20090614/biz.htm
HinduTime not ripe for bank consolidation: PNB chiefHindu, IndiaNEW SERVICE: KC Chakrabarty (right), outgoing CMD, Punjab National Bank and the newly appointed Deputy Governor of RBI, addressing media persons along with MV Tanksale, Executive Director, Punjab National Bank in New Delhi on Saturday. ...Chakrabarty: Time not ripe for consolidation Hindu Business LineMost Read Articles Indian Express'No steep fall in India rates' Straits TimesZee News - Emirates Business 24/7all 65 news articles
http://www.hindu.com/2009/06/14/stories/2009061455811300.htm
Stock WatchRBI chief may take over Rakesh Mohan's portfolioStock Watch, IndiaPunjab National Bank Chairman, KC Chakrabarty will handle the administration and HR, urban banks department in the capacity of deputy director. As per traditions, the apex bank has had four deputy governors including two appointees, one banker and an ...
http://www.stockwatch.in/rbi-chief-may-take-over-rakesh-mohan%E2%80%99s-portfolio-22288
Business StandardRBI panel to review BPLR structureBusiness Standard, IndiaWhile the central bank has lowered key policy rates by up to 400 basis points since October 2008, the BPLR reduction by banks such as State Bank of India and ICICI Bank has been to the tune of 150 basis points. At present, Punjab National Bank, ...RBI Forms Working Group To Review BPLR Mechanism RTT Newsall 21 news articles
http://www.business-standard.com/common/news_article.php?tab=r&autono=360795&subLeft=1&leftnm=2
SINDH TODAYIndia's Public Sector Banks Advised To ConsolidateFinancier Worldwide - Corporate Finance IntelligenceThe State Bank of India (SBI) along with Punjab National Bank, Canara Bank, Bank of Baroda and Bank of India, were all in attendance when Mr Mukherjee made ...PSBs asked to consider mergersHinduGovt asks state-owned banks to 'seriously' consider mergersBusiness StandardCut interest rate, FM tells banksDeccan Heraldall 66 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http://www.financierworldwide.com/article.php?id=4262&usg=AFQjCNFjKdaazl_8qmVTtKLAgaYIHdAV9A
CBI unleashes a countrywide campaign to curb corruption - All the ...Webnewswire.com... causing undue loss to the Vijaya Bank to the tune of Rs.1,33,70645/- by proprietor of a Punjab based firm, cheating the Punjab National Bank by ...CBI conducts nationwide searches; registers 67 casesPress Trust of Indiaall 18 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http://www.webnewswire.com/node/457646&usg=AFQjCNHT3HJ_OkGH18G1baaFocmHFxjwPg
Reader Commentaries: Pacifica's Financial Crisis: Part IIBerkeley Daily PlanetThe quid pro quo was that the colluder-controlled PNB would not interfere with the tyrannical practices that the majorities at KPFA and WPFW were practicing ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http://www.berkeleydailyplanet.com/issue/2009-06-11/article/33101?headline=Pacifica-s-Financial-Crisis-Part-II&usg=AFQjCNG7HWLX8swddmwtoTzu7V5G5nqDpQ
Hindu Business LinePranab sees merit in bank consolidation for stabilityHindu Business Line, IndiaBig is beautiful: The Union Finance Minister, Mr Pranab Mukherjee, with chief executives of public sector banks (from left) Mr OP Bhatt (Chairman, State Bank of India), Mr KC Chakrabarty (CMD, Punjab National Bank), and MV Nair (CMD, Union Bank) during ...Government banks agree to consider lending rate cut Business StandardPranab for more rate cuts, banks tell him not much room left Indian ExpressGovt asks banks to cut rates Central Chronicledomain-B - Business Standardall 254 news articles
http://www.thehindubusinessline.com/2009/06/11/stories/2009061152250100.htm
Bank of Baroda introduces special loan packageTimes of IndiaPNB distributes credit cards to weavers: At a function organised recently at the Bhikharipur branch of Punjab National Bank, the general manager (Lucknow) ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http://timesofindia.indiatimes.com/Varanasi/Bank-of-Baroda-introduces-special-loan-package/articleshow/4640681.cms&usg=AFQjCNE9IWpUWSM6sn-uCG77x0J8WneeMg
Punjab National Bank to leverage technology for business growthBusiness StandardPunjab National Bank (PNB), the country's second largest public sector bank aims to reach out to the customers in rural areas of the country through banking ...PSU banks see rise in home-loan defaultersTimes of Indiaall 2 news articles »
http://news.google.com/news/url?autono=360670&fd=R&leftnm=2&sa=T&subLeft=1&url=http://www.business-standard.com/common/news_article.php?tab=r&usg=AFQjCNFVyWxwISZ8o86x4gk3NbDrRWtv_g
Thaindian.comSensex ends 340 pts as bulls display their strength againSifyCairn India, Siemens, HCL Technologies, ABB, Axis Bank, Punjab National Bank, SAIL and Nalco gained 3% - 5.5%. Cipla, Ambuja Cements, Reliance Petroleum, ...Markets end 2 per cent up on +ve global cues; commodities, infra ...domain-BMkts volatile with -ve bias; telecom, metals, pharma upMoneycontrol.comSensex breaches 15k again, up nearly 400 pts @ 13:00 hrsSifySify -Sify -Moneycontrol.comall 463 news articles »
http://news.google.com/news/url?fd=R&sa=T&title=Sensex_ends_340_pts_as_bulls_display_their_strength_again&url=http://sify.com/finance/fullstory.php?a=jgkqXrdbigb&usg=AFQjCNHY-Ktfc6s0c8bSZw1y5W3LSY-QGg
CEO Says Bank Fired Him for WhistleblowingCourthouse News ServiceWolf says the bank fired him in May 2008, two months after he was promoted to president and CEO. He claims that just after he was promoted, "PNB's most ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http://www.courthousenews.com/2009/06/09/CEO_Says_Bank_Fired_Him_for_Whistleblowing.htm&usg=AFQjCNFkTxaZo0rqPwZTmeMO_Q0P3uCmKg
Buy Punjab National Bank, target of Rs 750: KRChokseyMoneycontrol.comKRChoksey has maintained its buy rating on Punjab National Bank, PNB with price target of Rs 750, in its report. "PNB reported strong Net Profit of Rs 865.6 ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http://www.moneycontrol.com/india/news/recommendations/buy-punjab-national-bank-targetrs-750-krchoksey/400854&usg=AFQjCNG2T6wb2ZWz0F8RpGzjtmTUE6I_rg
Business StandardSidhartha: Well-prepared for the jobBusiness Standard, IndiaChakrabarty, who is now chairman and managing director (CMD) of Punjab National Bank (PNB), was appointed deputy governor of the Reserve Bank of India (RBI) on Saturday, in what appears to be a logical culmination of his career. ...
http://www.business-standard.com/india/news/sidhartha-well-prepared-forjob/360303/
odishatoday.comCM Naveen lays foundation stone for Agril training centreodishatoday.com, IndiaAfter attending several such programmes at Hinjili, CM Naveen had then reached at Karapalli near Gopalpur where he had laid the foundation stone for the Agricultural Training Center (ATC) of the Punjab National Bank. PNB is to built the centre at the ...CM Naveen Patnaik writes letter to PM over centre's neglect to Orissa Orissadiary.comall 2 news articles
http://www.odishatoday.com/district/Naveen_inaugurate_agril_centre_060609-54212032659854875842.html
Examiner.comDirector's choices brings PNB's season to a magnificent conclusionExaminer.comThe 1969 ballet also demonstrated that PNB under artistic director Peter Boal is becoming as much a Jerome Robbins company as it ever was a George Balanchine company. With an increasing repertoire of Robbins' work, ranging from his Broadway spectacular ...
http://www.examiner.com/x-4855-Seattle-Theater-Examiner~y2009m6d5-Directors-choice-shows-a-company-completely-comfortable-with-their-art
Siliconindia.comKingfisher gets Rs 2000 Crore fundingSiliconindia.com, IndiaWhile Rs 950 crore has been given by State Bank of India, the rest of the amount has been arranged from Bank of India, Bank of Baroda and Punjab National Bank, according to sources. When contacted, the company spokesperson said: "Fund raising is an ...
http://www.siliconindia.com/shownews/Kingfisher_gets_Rs_2000_Crore_funding-nid-57692.html
Indian ExpressWorld Bank approves $900 million financial aid to PakistanIndian Express, IndiaThe Bank said while the net national primary school enrolment jumped from 42 per cent in 2001 to 56 per cent in 2007, young Pakistanis were still the least likely school attendants in all South Asia, and there exists wide boy-girl and rural-urban ...
http://www.indianexpress.com/news/world-bank-approves-900-million-financial-aid-to-pakistan/471860/
online banking services for Punjab National Bank ... PNB "Punjab National Bank" "Online Banking" ad tvc commercial "parvinder kaur"
Knowledge@WhartonReverse Exodus: Gulf Workers Return to India, Bringing New TravailsKnowledge@Wharton, PA(Labor migration from states such as Uttar Pradesh and Bihar has more often been to richer states such as Gujarat and Punjab.) Kerala will bear the brunt. "The main commodity which Kerala exports to the Gulf countries is manpower," says Ajay Kumar, ...
http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4384
Presented by Shingara Singh. Every Saturday at 6.30pm on MATV Channel 6 and MATV National 793. ... punjabian di balle shingara singh matv national 793 channel six panjabi punjabi panjabian de panjabis punjabis panjab punjab leicester london india indian indians culture cultural pre-recorded show interview interviews world sikhism song songs singer singers gurpal uppal llb solicitor ma hons charles simmons solicitors lloyds bank chambers 2nd floor 45 cranbrook road illford essex ig1 4pd ...
Hindu Business LineNorwest Venture to acquire 2.11% in NSEHindu Business Line, IndiaNSE promoters Punjab National Bank, IL& FS Trust Company Ltd, ICICI Bank, IFCI and GIC had divested part of their holdings to the investors. Twenty domestic institutions, including LIC, SBI, IDBI, Stock Holding Corporation of India Ltd, are promoters ...
http://www.thehindubusinessline.com/2009/06/04/stories/2009060451191000.htm
TopNewsPNB Chief Chakrabarty all set to be RBI Deputy GovernorTopNews, IndiaPunjab National Bank Chairman and Manging Director KC Chakrabarty is all set to take over as deputy governor of the Reserve Bank of India (RBI). Chakrabarty would succeed V Leeladhar as the deputy governor in charge of banking in the top bank. ...PNB chief tipped to be RBI deputy governor Calcutta TelegraphKC Chakrabarty to be RBI deputy governor Business StandardChakrabarty likely to be appointed RBI Deputy Governor Zee Newsall 31 news articles
http://www.topnews.in/pnb-chief-chakrabarty-all-set-be-rbi-deputy-governor-2173963
TopNewsTechnical Analysis and Indian Market Review: Nirmal BangTopNews, IndiaSBI and ICICI Bank gained 1.3-1.6% while Axis Bank, Kotak Mahindra, PNB and HDFC Bank fell 2.4-3%. HDFC was up 4.3%. The fertiliser space was buzzing today. Coromandel Fertilisers, Fertiliser and Chemical, National Fertiliser and Rashtriya Chemical ...
http://www.topnews.in/technical-analysis-and-indian-market-review-nirmal-bang-2173786
Business StandardPNB chief likely to be appointed RBI Deputy GovernorHinduNew Delhi (PTI): Punjab National Bank Chairman and Managing Director KC Chakrabarty is understood to have been appointed as Reserve Bank Deputy Governor. ...PNB's KC Chakrabarty named as RBI deputy governordomain-BChakrabarty set to take over as RBI dy governorBusiness StandardKC Chakrabarty likely to be RBI deputy governorLivemintEconomic Times -TopNews -Economic Timesall 31 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http://www.hindu.com/thehindu/holnus/006200906022115.htm&usg=AFQjCNFiQv4uazNM826gFxvRFdXdZn8rnQ
Moneycontrol.comPNB's KC Chakraborty appointed RBI Deputy GovernorMoneycontrol.com, IndiaDr KC Chakraborty, the chairman of Punjab National Bank, has been appointed as one of the Reserve Bank of India 's four deputy governors. The Prime Minister's Office cleared Chakraborty's name on Tuesday. The formal announcement will be made on ...
http://www.moneycontrol.com/india/news/economy/pnbs-kc-chakraborty-appointed-rbi-deputy-governor/400114
The HinduLesser citizensThe Hindu, IndiaA survey of 210 constituencies spread across 13 States – Andhra Pradesh, Bihar, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Orissa, Punjab, Rajasthan, Tamil Nadu and Uttar Pradesh – by the National Dalit Election Watch ...
http://www.hinduonnet.com/fline/stories/20090619261212400.htm
HinduNew IBA chief electedHindu, IndiaMUMBAI: Punjab National Bank Chairman and Managing Director KC Chakrabarty has been elected Chairman of the Indian Banks' Association (IBA) for 2009-10 at the association's managing committee meeting held here on Monday. Mr. Chakrabarty has taken over ...
http://www.hindu.com/2009/06/02/stories/2009060254911400.htm
TopNewsPNB to employ 1000 persons by this fiscalTopNews, IndiaPunjab National Bank, the country's second largest state-owned bank, on Saturday revealed its plans to hire 1000 professionals during the current fiscal. However the lender said that, there would be no recruitment at the entry level, as the bank has ...PNB revises interest rates on non-resident deposits Zee NewsQuery Corner : What the charts say Business LinePNB to hire 1000 this fiscal; expand branch network by 10% Zee Newsall 12 news articles
http://www.topnews.in/pnb-employ-1000-persons-fiscal-2173146
Northern Voices OnlineDr. Gill takes over as Minister of Youth Affairs & SportsNorthern Voices Online, IndiaA recipient of Padma Vibhushan, has authored a book “An Indian Success Story: Agriculture and Cooperation in Punjab” and served on a World Bank project on agriculture and infrastructure in Nigeria between 1981 and 1984.
http://nvonews.com/2009/05/29/dr-gill-takes-over-as-minister-of-youth-affairs-sports/
Northwest Asian WeeklyOut of a temple in remote Cambodia, a world-class ballet dancer is ...Northwest Asian Weekly, WA“I think I'm going to stick around in PNB for a while,” he said. “I'm going to go back to school, college, just part-time, but I'm not quitting dance. … I'm just trying to figure out what exactly I want to do as an individual,” he said. ...
http://www.nwasianweekly.com/wp/?p=580
CitizenCommercial banks cut ratesCitizen, South AfricaStandard Bank said it would be dropping its prime and home loan base lending rates from 12 percent to 11 percent, effective Friday, May 29. “These rate changes apply to new and existing clients,” Standard Bank said. First National Bank (FNB) also said ...Banks increase deposit interest rates SGGPLand Rate Reduced by State-Run Banks Nhatky.inall 19 news articles
http://www.citizen.co.za/index/News/876098.page
Reuters AlertNetMAG Burundi - April 2009 updateReuters AlertNet, UKMembers of the PNB mobile team are preparing the mines for transport to the demolition site. The mixed MAG-Police Nationale Burundaise (PNB) mobile team, funded by the Dutch Government, received a refresher training following their leave period. ...
http://www.alertnet.org/thenews/fromthefield/220485/124351064040.htm
Daijiworld.comUdupi: Bank Robbery Plot - Two Notorious, Mumbai-based Criminals heldDaijiworld.com, India... attacking policemen with weapons, bank robbery in Ghatkoper Mumbai and a nationalized bank in Navi Mumbai, robbery of Rs 10 lac from Punjab National Bank Pune, day light robberies of electronics shops, jewellery shops, Bombay dyeing show room etc. ...
http://www.daijiworld.com/news/news_disp.asp?n_id=60456&n_tit=Udupi%3A+Bank+Robbery+Plot+-+Two+Notorious%2C+Mumbai-based+Criminals+held
DAWN.comSwat to be secured in five weeks: officialDAWN.com, PakistanThe donations can be made through cheques or bank and credit cards. The National Bank of Pakistan in Washington DC is also receiving donations. The envoy also urged Pakistani-Americans to encourage their fellow Americans to donate $5 each by text ...
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/13+swat+to+be+secured+in+five+weeks+official-za-14
DAWN.comPolice told to resume duty in 'secured' areasDAWN.com, PakistanHe said this amount would be distributed amongst the displaced people through National Bank's counters to be set up in camps and bank braches located near schools and colleges where IDPs were housed. He confirmed the presence of militants in IDP camps ...
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/11-police-told-to-resume-duty-in--secured--areas--il--11
BreakingUpdateMoneyGram To Be Offered Through India's Punjab National BankWall Street JournalMoneyGram International Inc. (MGI) said India's Punjab National Bank (532461.BY) will begin offering the money-transfer company's services across its ...Punjab National Bank: Steady performanceBusiness StandardPunjab National Bank Starts Investment Consultancy UnitBanking Business ReviewPNB to increase remittance biz via MoneyGramHindu Business LineRTT News -Trading Markets (press release) -Hindu Business Lineall 51 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http://online.wsj.com/article/BT-CO-20090526-707201.html&usg=AFQjCNETsSVHSupGQ20jzVsZH2Z8z7Y7Sg
BreakingUpdatePNB Joins Hands With US-Based MoneyGram To Offer Remittance ServicesBreakingUpdate, IndiaTo swell its business via remittance services, Punjab National Bank has signed up a deal with US-based MoneyGram. The service will be provided from PNB's 4600 divisions in India in association with Thomas Cook India and UAE Exchange and Financial ...PNB to open 5 overseas offices in next one year TopNewsall 51 news articles
http://breakingupdate.com/news/pnb-joins-hands-us-based-moneygram-offer-remittance-services-43059.html
Pioneering in Public Banks - Punjab National Bank
Stock WatchInflation rises to 0.61 per cent due to costlier food itemsStock Watch, IndiaPNB Chairman and Managing Director, KC Chakrabarty, said, "There is room for cutting rates if inflation remains low during the year." The Centre for Monitoring Indian Economy (CMIE) has projected an average inflation rate of just 0.1 per cent during ...
http://www.stockwatch.in/inflation-rises-061-cent-due-costlier-food-items-22129
World Sikh NewsMr PM, Here's how to become Man of DestinyWorld Sikh News, CAFood grain growers in Punjab are going hungry. Farmers are committing suicide at the rate of one a day in Punjab and every 30 minutes in India, and the amount of food available to a person per day has fallen drastically. In 1991, an average Indian was ...
http://worldsikhnews.com/20%20May%202009/Mr%20PM%20Here%20s%20how%20to%20become%20Man%20of%20Destiny.htm
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