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Punjab National Bank (PNB)

PNB stock off to a poor start despite PSU bank revealing impressive numbers in Q3 updates

PNB stock off to a poor start despite PSU bank revealing impressive numbers in Q3 updates

Wed, Jan 03, 2024

The development came on a day when the Nifty Bank index was trading lower by 0.49 per cent, or 236.10 points, at 47525.55 at 9:42 am.

UDGAM: RBI sets up centralised web portal for searching unclaimed bank deposits

UDGAM: RBI sets up centralised web portal for searching unclaimed bank deposits

Thu, Aug 17, 2023

UDGAM Portal: The launch of the web portal will aid users to identify their unclaimed deposits or accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.

Punjab National Bank raises MCLR: Loans, EMIs to get costlier

Punjab National Bank raises MCLR: Loans, EMIs to get costlier

Thu, Jun 01, 2023

PNB MCLR hike: PNB has increased its overnight MCLR from 8 per cent to 8.1 per cent.

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Exclusive: There isn't a single lumpy account in our book that can turn into a bad asset, says PNB MD and CEO, Atul Kumar Goel

Exclusive: There isn't a single lumpy account in our book that can turn into a bad asset, says PNB MD and CEO, Atul Kumar Goel

Tue, May 23, 2023

The focus was always on the recovery and as on date we don’t have any accounts more than even Rs 50 crore for the corporate side, which might get downgraded in the next year : PNB MD and CEO, Atul Kumar Goel

RBI asks banks to return unclaimed deposits of THESE bank account holders: Check details

RBI asks banks to return unclaimed deposits of THESE bank account holders: Check details

Fri, May 12, 2023

Reserve Bank launches ‘100 Days 100 Pays’ campaign to return account-holders' unclaimed deposits: The Reserve Bank of India has launched ‘100 Days 100 Pays’ campaign to return unclaimed deposits of bank account-holders in the country on Friday, May 12. On periodic intervals, Rese

PNB makes PPS mandatory for cheque payments worth Rs 5 lakh and above

PNB makes PPS mandatory for cheque payments worth Rs 5 lakh and above

Fri, Mar 03, 2023

The cheques that are registered in the PPS will only be accepted under the dispute resolution mechanism. Earlier, the mandatory submission of cheque details in PPS was set at Rs 10 lakh and above.

PNB not to divest its stake in Canara HSBC Life Insurance

PNB not to divest its stake in Canara HSBC Life Insurance

Wed, Mar 01, 2023

The board of directors in its meeting held on February 28, 2023 has accorded approval for withdrawal of the process for divestment of bank's stake in Canara HSBC Life Insurance Co Ltd, PNB said in a regulatory filing.

PNB FD interest rate 2023: Get up to 7.8% return on fixed deposit

PNB FD interest rate 2023: Get up to 7.8% return on fixed deposit

Mon, Feb 20, 2023

PNB FD Interest Rate 2023: According to the bank's official website, the increase FD rates are applicable from today, February 20.

February 1 Rule Change Alert! These are big changes that will directly impact common man's pocket from February 1

February 1 Rule Change Alert! These are big changes that will directly impact common man's pocket from February 1

Wed, Feb 01, 2023

Rules Change From February 1: Apart from the Union Budget 2023, several changes have also been announced which will directly affect the common man's pocket. Here's a list of 6 big changes that have come into effect from February 1.

PNB Q3 Results: Net profit falls 44% to Rs 629 crore, misses analysts' estimates

PNB Q3 Results: Net profit falls 44% to Rs 629 crore, misses analysts' estimates

Mon, Jan 30, 2023

PNB Q3 results: The bank's net interest income — or the difference between interest earned and interest paid — increased 17.6 per cent on a year-on-year basis to Rs 9,179.4 crore, according to a regulatory filing.

PNB case: Diamantaire Nirav Modi's Pune flats to be auctioned in February 2023

PNB case: Diamantaire Nirav Modi's Pune flats to be auctioned in February 2023

Sat, Dec 31, 2022

The e-auction of these properties is considered a year-ender attempt to recover a part of the PNBs staggering due of over Rs 11,653 crore, calculated till early 2023.

IL&FS transfers two more road assets worth Rs 976 crore to Roadstar Invit

IL&FS transfers two more road assets worth Rs 976 crore to Roadstar Invit

Thu, Dec 22, 2022

The infrastructure sector finance firm which went under insolvency in September 2018 still has four more road special purpose vehicles (SPVs) with an aggregate enterprise value of Rs 5,274 crore.

What are Digital Banking Units and how it will push financial inclusion?

What are Digital Banking Units and how it will push financial inclusion?

Mon, Oct 17, 2022

The DBUs are being set up to ensure that the benefits of digital banking reach every nook and corner of the country. Eleven banks in the public sector, 12 in the private sector and one Small Finance Bank are participating in the endeavour.

PNB customers ALERT! Do THIS before August 31 otherwise your bank account will be restricted

PNB customers ALERT! Do THIS before August 31 otherwise your bank account will be restricted

Thu, Aug 18, 2022

PNB KYC Policy 2022, which was released earlier this year, aims to prevent the bank from being used by criminals for money laundering purposes or for terrorist financing activities.

Good news for PNB customers: FD interest rate hiked again, check latest PNB FD rates

Good news for PNB customers: FD interest rate hiked again, check latest PNB FD rates

Mon, Jul 25, 2022

PNB FD Interest Rate: The Punjab national bank (PNB), the country's second-largest public-sector lender, has hiked fixed deposit interest rates on select tenors.

PNB customers ALERT! No more physical documentation needed as bank's aggregation platform goes live

PNB customers ALERT! No more physical documentation needed as bank's aggregation platform goes live

Thu, Jul 14, 2022

Punjab National Bank (PNB) has on-boarded Account Aggregator (AA) platform to help customers digitally access and share information from one financial institution to other regulated such entities.

RBI Repo rate hike impact: PNB, Bank of India hike lending rates by 50bps; stocks trade flat

RBI Repo rate hike impact: PNB, Bank of India hike lending rates by 50bps; stocks trade flat

Thu, Jun 09, 2022

Reacting to the repo rate hike by the Reserve Bank of India, two public sector banks, Punjab National Bank (PNB) and Bank of India (BOI) have hiked Repo Linked Lending Rate (RLLR). The central bank had increased repo rate by 50 bps, the second increase in five weeks, in June monetary policy.

PNB to hike repo-linked lending rate from next month says CEO Atul Kumar Goel

PNB to hike repo-linked lending rate from next month says CEO Atul Kumar Goel

Thu, May 12, 2022

Atul Kumar Goel, the CEO of Punjab National Bank (PNB), announced on Thursday that the bank will boost repo-linked lending rates from next month.

PNB, IDBI Bank get govt nominee directors on their boards

PNB, IDBI Bank get govt nominee directors on their boards

Tue, Apr 12, 2022

The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cessation of the terms of incumbent directors.

This bank provides ASBA facility to invest in IPOs; important points investors must know - Find details here

This bank provides ASBA facility to invest in IPOs; important points investors must know - Find details here

Wed, Jan 26, 2022

The ASBS or "Application Supported by Blocked Amount" is an application containing an authorization to block the application money in the bank account.

Want to own a property? Your chance with 31 January PNB e-auction; participate on IBAPI e-Bikray portal

Want to own a property? Your chance with 31 January PNB e-auction; participate on IBAPI e-Bikray portal

Wed, Jan 19, 2022

Wanting to own a property? Here is your chance of owning a property in India with Punjab National Bank (PNB) e-auction.

Instant Loan by PNB with these facilities; know how to apply online

Instant Loan by PNB with these facilities; know how to apply online

Mon, Jan 17, 2022

The Punjab National Bank (PNB) is offering its customers instant loans at low interest rates. Recently, the public sector bank tweeted from its official Twitter handle about the loans.

Maintain your deposits in foreign currency! What this bank offers to NRIs - Check benefits, interest, concession and more

Maintain your deposits in foreign currency! What this bank offers to NRIs - Check benefits, interest, concession and more

Tue, Jan 11, 2022

The Punjab National Bank (PNB) offers an opportunity by means of which the non-resident Indians (NRIs) will be able to maintain their accounts in foreign currencies.

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