Articles tagged under: PNB

Students shifted to other schools as bank seals School building in Ahmedabad

August 21, 2024
Students shifted to other schools as bank seals School building in Ahmedabad

Ahmedabad: The students of Lotus School will be shifted to other nearby schools as the Punjab National Bank has sealed the school building due to non-payment of the loan amount. Until the school is unsealed, the students will be studying at BRAMS English School. A trustee had secured a mortgage loan of Rs. 1.46 crore from Punjab National Bank. Following the trustee's death, the loan remained unpaid despite multiple notices from the bank, leading to the school being sealed on Saturday and forc...Read More

Bank seals school in Ahmedabad over non-payment of loan

August 18, 2024
Bank seals school in Ahmedabad over non-payment of loan

Ahmedabad: Punjab National Bank (PNB) officials sealed a school in the Isanpur area of the city for non-payment of a loan. One of the trustees of Lotus School, also located in the Isanpur area, had taken a mortgage loan of Rs. 1.46 crore from PNB. The trustee later passed away. The bank had issued repeated notices to the trust to repay the loan. On Friday, the bank officials sealed the school building and posted a notice on the gate informing that the bank had taken possession of the building. T...Read More

Need Funding Quickly? Try PNB Housing Loan Against Property

August 01, 2022
Need Funding Quickly? Try PNB Housing Loan Against Property

Financial emergencies do not provide a warning before hitting one hard. But, when they arrive, they devastate a person’s life and finances. However, you no longer need to worry about financial emergencies, provided you own residential or commercial property. PNB Housing offers quick-approval loans against property so that you can solve your financial problems conveniently. Interested? Read on to learn more. PNB Housing Loan Against Property - The Top Benefits Use The Funds Freely The ...Read More

PNB inaugurates its International Banking Unit at GIFT City Gujarat

April 08, 2022
PNB inaugurates its International Banking Unit at GIFT City Gujarat

Delhi: Punjab National Bank (PNB), a leading public sector Bank in India, is coming up with IFSC Banking Unit in GIFT City, Gandhinagar, Gujarat. The branch was inaugurated by Shri Atul Kumar Goel, MD and CEO of the bank. Mrs. Vibha Aren, General Manager-International Banking, Shri Binay Kumar Gupta, Zonal Manager-Gujarat and other banking fraternity were present at the event. PNB elaborated that the branch is starting its business with a vision to grow leaps and bounds as the avenues for bus...Read More

The Top Advantages of PNB Housing Home Loan EMI Calculator

March 22, 2022
The Top Advantages of PNB Housing Home Loan EMI Calculator

Mumbai: Proper planning is essential, when you want to avail a home loan for constructing or buying a house. Generally, borrowers evaluate the actual cost of a home loan before signing any contract. And lenders like PNB Housing provide various free tools to simplify loan cost calculation. PNB Housing home loan EMI calculator is an innovative, easy-to-use online tool that makes calculations more convenient for borrowers. It gives you a near-accurate estimate of the amount you need to pay every...Read More

Year 2011, Rs 11,400 crore PNB Scam accused Nirav Modi left the country before CBI received complaint from the bank

February 15, 2018
Year 2011, Rs 11,400 crore PNB Scam accused Nirav Modi left  the country before CBI received complaint from the bank

New Delhi: PNB Scam has shocked the country today as it involves Rs 11,000 crore fraud, making it one of the biggest banking scams. Billionaire jewellery designer Nirav Modi accused of committing the scam has left the country on January 1 much before the CBI received a complaint from Punjab National Bank on January 29 about a Rs 280-crore fraud, officials said. This is one more incident of scam in which the scamster easily left the country. Formerly Vijay Mallya and Jatin Mehta managed to...Read More