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Punjab National Bank International Ltd gets new chief

The Punjab National Bank International Ltd (PNBIL) celebrated their 12th Foundation Day on Friday (10) at the Royal College of Physics.

The event was attended by the several of the bank’s customers and leading personalities, including businessman G P Hinduja, MP Virendra Sharma and First Secretary (Economics) High Commission of India Rohit Vadhwana.


A video message from the bank’s chairman Sunil Mehta was also aired on the occasion.

Anatanu Das, the managing director of the bank, discussed the bank’s products and performance in the UK, and introduced Rajiva, the incoming MD and CEO of the PNBIL.

Guests were entertained by sitar player Roopa Panesar, who was accompanied by Hiren

Chate on the tabla.

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UK housing market

The proposed reforms would place all tenant deposits under independent custodial protection

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UK landlords set to lose control of tenant deposits under new rental reforms

  • Government plans to abolish insured tenancy deposit schemes.
  • Landlords and letting agents would no longer be allowed to hold tenant deposits themselves.
  • Ministers say the move will improve tenant protection and reduce fraud risks.

The UK rental market could be heading for another major change, with the government proposing to stop landlords and letting agents from holding tenant deposits in their own accounts.

Under the planned tenancy deposit reforms, all deposits would have to be placed in custodial schemes managed by approved deposit protection providers. The proposal would bring an end to insured tenancy deposit schemes, which currently allow landlords and agents to retain deposits as long as they pay a fee to protect the funds.

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