As of 30 September 2023, Punjab National Bank held a 28.14 per cent stake in the company
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The finance ministry has called up a meeting to discuss steps to methods that can be used to combat digital payment fraud and cyber security issues
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Asian Development Bank (ADB) took to social media platform X to highlight the need for empowering women, particularly in the technology sector
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Priced affordably at Rs 699, this plan offers robust coverage of Rs 150,000, ensuring financial protection in unforeseen circumstances
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The RBI's actions are aimed at enforcing regulatory compliance and maintaining the integrity of the banking system
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Simultaneously, the standing committee has already engaged in discussions with the finance ministry and the Managing Director of Punjab National Bank (PNB)
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Notably, the RBI clarified that no business restrictions have been imposed on the bank, emphasising that it will continue its regular banking activities under the guidance of the appointed administrator
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Ghosh's current term as MD and CEO concludes on 9 July 2024, with the reappointment application set to be submitted to the RBI six months prior, in accordance with regulatory requirements
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