Shares of state-run Punjab & Sind Bank are down as much as 20% on Tuesday, April 1, along with fellow lender UCO Bank, whose shares have also declined nearly 7%. The lender on Friday announced that it has raised ₹1,219 crore by selling shares to eligible institutions as part of its Qualified Institutional Placement (QIP) […]
Stocks to Watch on January 16: L&T Tech, GAIL, Exide Industries, Happiest Minds and more – CNBC TV18
Stocks to watch, L&T Technology Services, GAIL, Punjab and Sind Bank, Exide Industries, RBL Bank, Happiest Minds, Azad Engineering, Rashi Peripherals and more, these are the stocks to watch for today. L&T Technology Services | The company reported a 4.1% decline in its December 2024 quarter net profit to ₹322.4 crore due to a narrowing […]
MTNL’s financial troubles deepen: Punjab and Sind Bank classifies account as non-performing asset – CNBC TV18
Mahanagar Telephone Nigam Ltd (MTNL) is facing financial challenges as Punjab and Sind Bank (PSB) on Thursday (October 17) has classified its account as a non-performing asset (NPA), effective October 8, 2024. This classification comes as a part of a broader trend, with several banks already having labelled MTNL’s debt as non-performing, indicating severe liquidity […]