PNB customers to pay after 5 free ATM transactions from Oct

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the bank's ATMs. At present, account holders of the country's second largest public sector bank can make any number of transactions in a month, financial or non-financial, at the bank's ATMs without attracting any charge. "The number of free transactions […]

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India Names New CEOs at Punjab National, 6 Other State-Run Banks

India appointed new chief executive officers at seven state-controlled lenders, including Punjab National Bank and Bank of India. Sunil Mehta has been appointed managing director and CEO of New Delhi-based Punjab National Bank and Dinabandhu Mohapatra will assume charge as managing director and CEO of Bank of India, according to a statement dated Friday posted on a government website. The […]

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Bank Strike Likely on 28 February, May Dent Services

Most of the banks, including State Bank of India, Punjab National Bank and Bank of Baroda have already informed their customers that functioning of branches and offices will be impacted if the strike takes off. Photo: Mint Public sector banks unions have threatened to go on strike to press for various demands, including accountability of top executives in view of […]

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