Punjab National Bank Current Affairs, GK & News
Banks sanction loans worth over Rs 1.5 lakh crore under ECLGS for MSME
The finance ministry declared, Public and Private Sector Banks have disbursed loans over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector. The top three lenders under the scheme are the State Bank of India, Canara Bank, and Punjab National Bank. What is the Emergency Credit Line Guarantee ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs • India Nation & States Current Affairs
Topics: Canara Bank • Emergency Credit Line Guarantee Scheme • Ministry of Finance • MSME sector • Punjab National Bank • State Bank of India
RBI approves Mega Bank Consolidation Plan
The Reserve Bank of India is to implement a merger plan of 10 state-run banks into 4 larger banks from April 1, 2020. The Amalgamation of the banks had been notified by the GoI earlier of March 2020. Amalgamation Plan According to the plan, the United Bank of India and Oriental Bank of Commerce are ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: Allahabad Bank • Bank Mergers • Canara Bank • Punjab National Bank • RBI • Union Bank of India
Sunil Mehta appointed as the Chief Executive of IBA
As per the recent announcement from the Indian Bank’s Association (IBA) made on Monday, 27th January 2020, Former Managing Director and CEO of Punjab National Bank, Sunil Mehta has taken charge as the Chief Executive of Indian Banks’ Association. The Association is based in Mumbai, Maharashtra was formed on 26th September 1946 as an association ..
Month: Current Affairs - January, 2020
Topics: Chairman of State Bank of India • Indian Banks' Association • Maharashtra • Mumbai • Punjab National Bank • Rajnish Kumar • Sunil Mehta • Union Bank of India
MD & CEO of BOI, Canara, and BOB Appointed
As per an order issued on Monday, 20th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State Bank of India has been appointed as the Managing Director and Chief Executive Officer of the country’s third-largest lender and public sector bank, Bank of Baroda (BOB). ..
Month: Current Affairs - January, 2020
Topics: Bank of Baroda • BANK OF INDIA • Canara Bank • Dena Bank • Ministry of Personnel • Punjab National Bank • State Bank of India • Vijaya Bank
Rajnish Kumar appointed as new chairman of Indian Banks’ Association
SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20. He succeeded Sunil Mehta, who was the MD & CEO of Punjab National Bank (PNB). The IBA represents banks’ interests with the government and regulators.
Topics: Banking in India • CNX Nifty • Economy of India • Financial services • IBA • Indian Banks' Association • Public Sector Banks in India • Punjab National Bank • Rajnish Kumar • State Bank of India • Sunil