·Prudent ARC emerged as the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore.
·This is the first instance of Aban Offshore's debt being sold by a bank.
·The sale allows PNB to achieve an excess recovery compared to the promoters' settlement offer and avoid legal recovery processes.

VERIFIEDET Finance·28d★ ON YOUR LIST

AI summary· NEUTRAL

·Punjab National Bank and Ujjivan Small Finance Bank have increased interest rates on FCNR(B) USD deposits.
·This action was taken after the RBI announced a foreign currency swap window.
·Bank of Baroda has launched a new retail term deposit scheme for resident Indians.

VERIFIEDET Finance·30d★ ON YOUR LIST

AI summary· NEUTRAL

VERIFIEDET Finance·32d★ ON YOUR LIST

AI summary· NEUTRAL

VERIFIEDMint Markets·48d★ ON YOUR LIST

AI summary· NEUTRAL

·Mehul Kothari of Anand Rathi recommends Yes Bank, Punjab National Bank, and Bandhan Bank.
·These stocks are recommended for short-term investments.
·All recommended stocks are priced under ₹200.

VERIFIEDET Finance·56d★ ON YOUR LIST

AI summary· POSITIVE

·Public sector banks in India experienced a decrease in loan write-offs to multi-year lows in FY26.
·This improvement is due to a reduction in new non-performing assets and enhanced recovery of existing bad loans.
·Banks such as Bank of Baroda and Punjab National Bank recorded their lowest write-off figures in recent years.