A- A A+
Last Updated : Sep 16 2019 11:09PM     Screen Reader Access
News Highlights
India condemns drone attacks on oil facilities in Saudi Arabia            SC asks Centre, J&K administration to restore normalcy in Valley            Centre to give support of Rs 8,500 crore to ECGC: Piyush Goyal            India, Slovenia sign seven agreements and MoUs in various fields            Railways enter quarts of Senior Women’s National Football C'ship           

Business News

Sep 08, 2019
7:27PM

PNB put up 11 NPA accounts for sale to recover dues of Rs 1,234 cr

@pnbindia
State-owned Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more than 1,234 crore rupees.

 The lender has invited bids from asset reconstruction companies non-banking financial companies, banks, financial institutions for 11 NPA accounts.

The bank said in a statement that the sale is on 100 per cent cash basis. The bank has asked the prospective bidders to expedite the process of due diligence.

The public lender is set to merge two peer banks - Oriental Bank of Commerce and United Bank of India with itself following the government's announcement late last month to consolidate 10 public sector banks into four bigger entities.
 
 

   Related News

Live Twitter Feed

Listen News

Morning News 16 (Sep) Midday News 16 (Sep) News at Nine 16 (Sep) Hourly 16 (Sep) (2300hrs)
समाचार प्रभात 16 (Sep) दोपहर समाचार 16 (Sep) समाचार संध्या 16 (Sep) प्रति घंटा समाचार 16 (Sep) (2305hrs)
Khabarnama (Mor) 16 (Sep) Khabrein(Day) 15 (Sep) Khabrein(Eve) 15 (Sep)
Aaj Savere 16 (Sep) Parikrama 16 (Sep)

Listen Programs

Market Mantra 16 (Sep) Samayki 16 (Sep) Sports Scan 16 (Sep) Spotlight/News Analysis 16 (Sep) Samachar Darshan 15 (Sep) Radio Newsreel 16 (Sep)
    Public Speak

    Country wide 5 (Sep) Surkhiyon Mein 5 (Sep) Charcha Ka Vishai Ha 11 (Sep) Vaad-Samvaad 3 (Sep) Money Talk 3 (Sep) Current Affairs 13 (Sep)