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Punjab National Bank

PNB shares notch new 52-week high as Street cheers increase in profit guidance for FY24

PNB shares notch new 52-week high as Street cheers increase in profit guidance for FY24

Mon, Jan 29, 2024

Furthermore, given the stellar results, the state-run lender raised its profit guidance for the ongoing fiscal year to Rs 7,000–Rs 7500 crore.

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.

Punjab National Bank Fundraise News Boosts Stock; Hits 52-Week High | Stock Market News

Punjab National Bank Fundraise News Boosts Stock; Hits 52-Week High | Stock Market News

Fri, Dec 29, 2023

Punjab National Bank (PNB) shares surged in morning trade after announcing a Rs 7,500 crore capital raise plan. The stock jumped to a new 52-week high of Rs 96.55 but later retreated amidst profit booking. Analysts foresee potential further gains, with targets of Rs 110 if the stock surpasses Rs 100 on closing basis.

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Punjab National Bank share price: Sharekhan maintained their hold rating with a revised price target of Rs 42

Punjab National Bank share price: Sharekhan maintained their hold rating with a revised price target of Rs 42

Tue, Feb 09, 2021

Punjab National Bank’s (PNB) operational performance was reasonably strong for Q3 FY21. Net interest income (NII) came at Rs 8312 cr, down 1% qoq and was above expectations. PAT came at Rs. 506 crore, down 18% qoq, below expectations. Due to PNB’s amalgamation (effective April 1, 2020) with erstwhile Oriental Bank of Commerce and United Bank of India, the quarterly/nine months results of the current financial year are not comparable with the corresponding year-ago period.

Have savings accounts in these two banks? You won't be able to send/receive cash online if you don't do this by 31st March

Have savings accounts in these two banks? You won't be able to send/receive cash online if you don't do this by 31st March

Wed, Feb 03, 2021

Oriental Bank of Commerce and United Bank of India savings and other bank account holders are advised to check their Customer ID or User ID as their customer IDs given by their banks won't remain operational from 1st April 2021.

OBC, UBI bank account holder? What will happen to your credit and debit cards, will your User ID change? EXPLAINED

OBC, UBI bank account holder? What will happen to your credit and debit cards, will your User ID change? EXPLAINED

Tue, Feb 02, 2021

Here is an important news for OBC, UBI account holders regarding their debit cards and credit cards. As Oriental Bank of Commerce (OBC) and United Bank of India (UBI) have been merged with Punjab National Bank (PNB), there are many questions troubling OBC and UNI bank customers.

PNB Recruitment 2021: BUMPER vacancy at Punjab National Bank! Check pay scale, dearness allowance, HRA in this bank job notification at pnbindia.in

PNB Recruitment 2021: BUMPER vacancy at Punjab National Bank! Check pay scale, dearness allowance, HRA in this bank job notification at pnbindia.in

Mon, Feb 01, 2021

PNB Recruitment 2021: The Punjab National Bank (PNB) has issued job notification for the post of Manager Security. The PNB job notification is available on the official website of the PNB — pnbindia.in.

BIG Money changes from today: LPG cylinder price, ATM cash withdrawal to maybe even income tax and PPF - this will impact your wallet

BIG Money changes from today: LPG cylinder price, ATM cash withdrawal to maybe even income tax and PPF - this will impact your wallet

Sun, Jan 31, 2021

Budget 2021 getting presented on February 1 would definitely have a direct impact on the public in general. However, apart from the union budget, there are some other major changes, which is going to happen from February 1.

Big change from TODAY! PNB customers may not be able to withdraw cash from ATM; here is why

Big change from TODAY! PNB customers may not be able to withdraw cash from ATM; here is why

Sat, Jan 30, 2021

The Punjab National Bank (PNB) customers may not be able to withdraw cash from PNB ATM from February 1, 2021 if they have ignored this very important message of the public sector bank.

BIG changes from February 1 that can change your daily life! From LPG cylinder price, ATMs, bank rules, PMC Bank and much more, check full list here

BIG changes from February 1 that can change your daily life! From LPG cylinder price, ATMs, bank rules, PMC Bank and much more, check full list here

Thu, Jan 28, 2021

Changes from February 1: From February 1, one's life is definitely going to change.

PNB account holder? Alert! Do this before March 31 or you won't be able to transfer money

PNB account holder? Alert! Do this before March 31 or you won't be able to transfer money

Mon, Jan 25, 2021

PNB account holders must do this to ensure they are not inconvenienced and do it before the last day. There is an alert for Punjab National Bank (PNB) account holders. This is regarding IFSC-MICR Code.

Punjab National Bank loan management solution to speed up delivery launched

Tue, Dec 01, 2020

Punjab National Bank (PNB) on Tuesday launched a tech-based loan management solution called 'LenS-The Lending Solution', to speed up and maintain accuracy in online loan processing and sanctioning of credit proposals.

PNB net profit rises 22 pc to Rs 621 cr in Sept quarter

Mon, Nov 02, 2020

Punjab National Bank (PNB) on Monday reported a 22 per cent jump in net profit to Rs 620.81 crore for the second quarter ended September 30. The state-owned lender had posted a net profit of Rs 507.05 crore during the corresponding quarter a year ago.

Havells and Punjab National Bank, 2 stocks to trade in next week

Havells and Punjab National Bank, 2 stocks to trade in next week

Sun, Oct 11, 2020

SGX Nifty is indicating a strong opening for Indian markets.

Big Gandhi Jayanti gift by PNB! Financial inclusion program launched

Big Gandhi Jayanti gift by PNB! Financial inclusion program launched

Fri, Oct 02, 2020

Mahatma Gandhi Jayanti: The nation’s leading public sector bank, Punjab National Bank (PNB) commemorated the 150th birth anniversary of Mahatma Gandhi by launching a financial inclusion and literacy camp.

Big decision by RBI! Delists these six PSU banks from second schedule

Big decision by RBI! Delists these six PSU banks from second schedule

Fri, Oct 02, 2020

The Reserve Bank of India (RBI) has delisted six state owned banks from its second schedule. The Central Bank of India said that the delisting has been done owing to the merger of those banks with other PSU banks.

Mutual Fund vs FD: Don't worry! As SBI, HDFC Bank, ICICI Bank, others decrease deposit rates, this debt fund will help you earn up to 8 pct returns

Mutual Fund vs FD: Don't worry! As SBI, HDFC Bank, ICICI Bank, others decrease deposit rates, this debt fund will help you earn up to 8 pct returns

Fri, Sep 25, 2020

Mutual Fund vs FD: State Bank of India (SBI) has decreased its Bank FD interest rate to 2.7 per cent whereas PNB customers would get mere 3 per cent bank deposit returns on deposits up to Rs 50 lakh.

PNB Loan News: Punjab National Bank raises repo-linked lending rate - Check details

PNB Loan News: Punjab National Bank raises repo-linked lending rate - Check details

Wed, Sep 02, 2020

The country's second largest lender Punjab National Bank (PNB) has hiked its repo-linked lending rate (RLLR) by 15 basis points (bps) to 6.80 per cent.

Personal Loan: See this PNB scheme exclusively for doctors! Know interest rate, other features!

Personal Loan: See this PNB scheme exclusively for doctors! Know interest rate, other features!

Wed, Aug 26, 2020

If you are a doctor and are looking for a professional or personal loan, there is some good news for you. India’s second largest public sector bank – Punjab National Bank (PNB) is providing two wheeler loans exclusively to doctors under the scheme ‘PNB Doctor’s Delight’

PNB posts Q1 net profit of Rs 308 cr

PNB posts Q1 net profit of Rs 308 cr

Sat, Aug 22, 2020

State-owned Punjab National Bank (PNB) on Friday reported a standalone net profit of Rs 308 crore for the quarter ended June even as provisions for bad loans doubled. The country's second largest lender had posted a net profit of Rs 1,018.63 crore during the corresponding April-June period of 2019-20

PNB Two Wheeler loan: This scheme is exclusively for women - know interest rates, other features!

PNB Two Wheeler loan: This scheme is exclusively for women - know interest rates, other features!

Tue, Aug 18, 2020

Great news for women who are looking for a bank loan to finance their two-wheeler purchase! India’s second largest public sector bank – Punjab National Bank (PNB) is providing two wheeler loans under the scheme ‘PNB Power Ride’ under which it is providing finance for scooter, motor cycle, moped, subject to registration of vehicle with the RTO

Punjab National Bank launches campaign to promote digital banking

Punjab National Bank launches campaign to promote digital banking

Sun, Aug 16, 2020

State-owned Punjab National Bank on Saturday launched a campaign to encourage customers to use digital banking channels.

PNB loans for weavers scheme! Get up to Rs 5 lakh under PNBWMS

PNB loans for weavers scheme! Get up to Rs 5 lakh under PNBWMS

Fri, Aug 07, 2020

India’s second largest public sector bank – Punjab National Bank (PNB) today launched PNB Weaver Mudra Scheme (PNBWMS) for weavers which will provide loans up to Rs 2 lakh, the bank said in its media release. The scheme was launched on the occasion of National Handloom Day and is in accordance with the scheme of Ministry of Textiles, it said

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