Tag: Punjab National Bank

Tech upgradation: SC/ST enterprises to get 25% credit-linked subsidy

New Delhi: To help micro and small enterprises belonging to Scheduled Castes & Tribes upgrade technology, the government has approved a scheme to provide 25 per cent capital subsidy up to Rs 25 lakh via banks for purchase of plant and machinery. The scheme – Special Credit Linked Capita…

NBFCs cash in on Indian banks bad loan pain

New Delhi: Indian banks struggles with bad loans over the past three years have opened an opportunity to ramp up lending for so-called non-banking financial companies (NBFCs), which are not as strictly regulated as banks. With their share of total credit rising, new players and new investors have…

Best MSME Bank: पंजाब नेशनल बैंक को मिला सर्वश्रेष्ठ एमएसएमई बैंक अवार्ड

पंजाब नेशनल बैंक को लार्ज बैंक केटेगरी के अंतर्गत चैंबर ऑफ इंडियन माइक्रो स्माल एंड मिडियम एंटरप्राइसेस द्वारा स्थापित “सर्वश्रेष्ठ एमएसएमई बैंक अवार्ड” से सम्मानित किया गया है। वित्त और कारपोरेट मामलों के केंद्रीय राज्य मंत्री अर्जुन राम मेघवाल द्वारा इस पुरस्कार को बैंक के कार्यकारी…

RBI may revamp agriculture & MSE lending to spur employment

RBI had constituted a working group on rehabilitation of sick SMEs

The Reserve Bank of India had constituted a Working Group on rehabilitation of sick SMEs, under the Chairmanship of Dr. K. C. Chakrabarty, the then Chairman & Managing Director, Punjab National Bank, to look into the problems faced by new as well as sick SMEs and suggest remedial measures. Th…