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Tag: punjab national bank

Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

BusinessNovember 2, 2025

The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

StocksNovember 2, 2025

IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in...

Private sector banks report pressure on profits in Q3 amid higher provisioning, NIM pressure

StocksMarch 23, 2025

The private sector banks reported deceleration in aggregate operating and net profit for the third quarter in a row amid slowing growth in...

Mumbai Ring Road project gets $2.5 billion funding commitments

EconomyMarch 10, 2025

India’s Maharashtra state has obtained 215 billion rupees ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according...