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.
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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.
Thu, Jun 01, 2023
PNB MCLR hike: PNB has increased its overnight MCLR from 8 per cent to 8.1 per cent.
Sat, Aug 11, 2018
A special Fugitive Economic Offenders Act court in Mumbai today issued public summons to the sister and brother of absconding diamantaire Nirav Modi, the main accused in the USD 2 billion bank fraud case, asking them to appear before it on September 25.
Wed, Jul 25, 2018
The CBI has written to Antiguan authorities seeking whereabouts of fugitive diamantaire Mehul Choksi, allegedly involved in over USD 2 billion scam in state-run Punjab National Bank, government sources said.
Fri, Jul 06, 2018
Punjab National Bank (PNB) will conduct fresh valuation of beleaguered liquor baron Vijay Mallya's assets in the light of the UK High Court order, state-run bank's managing director Sunil Mehta said today.
Sat, Mar 10, 2018
RBI deputy governor S S Mundra said that conditions were not right for privatisation of state-run lenders due to the socio-economic situation of India
Tue, Mar 06, 2018
TDS scam came to light after the Income-Tax department initiated prosecution against these firms and issued warrants in some cases. The anomalies were traced during the investigation between April 2017 and March 2018
Thu, Feb 22, 2018
The bank clarified that it had transferred a total of 1,415 employees since February 19
Mon, Nov 07, 2016
Shares of PNB Housing Finance was trading at Rs 880 on BSE, soaring by 13.55% from its issue price of IPO.
Sat, Nov 05, 2016
While provisions and contingency stood at Rs 2533.76 crore, witnessing rise of 34.62% yoy but decline of 7.47% qoq. Gross non-performing assets (GNPA) stood at 13.63%, expanding by 727 basis point yoy but contracting by 12 basis points qoq.
Sat, Oct 29, 2016
State-owned Punjab National Bank today said it plans to raise Rs 6,000 crore in tranches from bonds to fund business expansion.
Fri, Oct 28, 2016
Exchange data show that the company received bids for 82,96,17, 824 shares against the 2,80,77,500 equity shares on offer.
Fri, Oct 14, 2016
Net proceeds from the IPO will be utilised to meet the company's future capital requirements and general corporate purposes.
Fri, Sep 30, 2016
It said in a statement, The bank has revised the marginal cost of lending rates (MCLR) which will be in effect from October 1, 2016.”
Thu, Jul 28, 2016
The net interest income (NII) was around Rs 3699 crore, recorded drop of 9.83% yoy but rose 33.64% qoq (quarter-on-quarter). While total income for the bank stood at Rs 13,930 crore, increasing by 3.70% yoy and 4.92% qoq.
Mon, Jul 25, 2016
RBI on Monday imposed an aggregate penalty of Rs 3 crore on Punjab National Bank under the Banking Regulation Act, 1949.
Mon, Jul 18, 2016
Finance Ministry is planning to merge other public sector banks to reduce their number to 10.
Tue, Jul 05, 2016
PNB Housing Finance on Tuesday approached Securities and Exchange Board of India (Sebi) for an initial public offer (IPO) worth up to Rs 2,500 crore.
Sat, Jun 18, 2016
The Cabinet’s approval for State Bank of India’s (SBI) merger with its associate banks has given way to other public sector banks (PSB) to follow a similar path.
Tue, Jun 14, 2016
Punjab National Bank has declared its list of 913 wilful defaulters up till March 31, 2016. Top 10 on the list include:
The scrip of Punjab National Bank (PNB) surged 5.18%, Bank of India rose by 3.14%, Bank of Baroda climbed 2.43% on the Bombay Stock Exchange (BSE).
Sun, Jun 05, 2016
Jaitley, who was on a six-day visit to Japan to attract investments, said the losses were because of provisioning to cover for bad debt.
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