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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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PNB will invest up to Rs 600 crore in PNB Housing Finance: Neeraj Vyas, MD & CEO

PNB will invest up to Rs 600 crore in PNB Housing Finance: Neeraj Vyas, MD & CEO

Wed, Aug 05, 2020

Neeraj Vyas, MD & CEO, PNB Housing Finance, talks about the strategy that the firm will adopt to mitigate the impact of COVID on its business, liquidity situation, NPA levels, PNB’s plan to invest in the firm and plans related to create a digital platform among others during an interview with Zee Business Executive Editor Swati Khandelwal

PNB Loan: Know about this education loan with 1 yr repayment holiday facility

PNB Loan: Know about this education loan with 1 yr repayment holiday facility

Wed, Jul 15, 2020

PNB Loan: If your dream is to study in country’s top education institutions but are worried about the finances, see this facility offered by India’s second largest public sector bank. Punjab National Bank (PNB) is offering a loan facility that will allow you a repayment holiday of 1 year other than the course duration

Punjab National Bank share price tanks over 5 pct

Punjab National Bank share price tanks over 5 pct

Fri, Jul 10, 2020

PNB shares tumbled over 5 per cent on Friday after the company said it has reported a fraud of Rs 3,688.58 crore in the non-performing asset account of Dewan Housing Finance (DHFL) to the RBI.

PNB board to consider fundraising plan on Jul 9

PNB board to consider fundraising plan on Jul 9

Tue, Jul 07, 2020

State-owned Punjab National Bank (PNB) on Monday said its board will consider a proposal to raise capital through a mix of both equity and debt on July 9. Besides, the board will clear opening balance sheet of the amalgamated bank as on April 1, which is post amalgamation of Oriental Bank of Commerce and United Bank of India into PNB, the bank said in a regulatory filing

New bank rules applicable from tomorrow; see how it can impact you!

New bank rules applicable from tomorrow; see how it can impact you!

Tue, Jun 30, 2020

From 1st July, many important rules governing your day-to-day banking activity will change. The rules related to deposit and withdrawal of money from banks will change. Also, rules related to withdrawal of cash from ATMs will change. Know these important changes to remain updated

PNB Loan: Want a quick working capital loan? Know about this offer

PNB Loan: Want a quick working capital loan? Know about this offer

Tue, Jun 30, 2020

PNB Loan: If you are having a working capital requirement and are looking for a quick loan, you would surely, like to know about this offering by Punjab National Bank (PNB). India’s second largest public sector bank has come out with a loan scheme called the ‘PNB GST Express Loan Scheme’ to help businesses meet their immediate cash requirements

PNB Loan: Want education loan with repayment holiday facility? See if this suits you

PNB Loan: Want education loan with repayment holiday facility? See if this suits you

Fri, Jun 26, 2020

PNB Loan: If you are aspiring to study in the country’s top educational institutions and looking for a loan with a repayment holiday or moratorium, this could be of interest to you. India’s second largest Public Sector Bank (PNB) is offering a loan facility that will allow you a repayment holiday of 1 year other than the course duration

Punjab National Bank's standalone Q4FY20 net loss narrows to Rs 697 cr

Punjab National Bank's standalone Q4FY20 net loss narrows to Rs 697 cr

Sun, Jun 21, 2020

The bank had posted a loss of Rs 4,750 crore during the fourth quarter of the previous fiscal.

PNB Loan: Need working capital loan? See if this suits you

PNB Loan: Need working capital loan? See if this suits you

Fri, Jun 19, 2020

Are you a trader or distributor who deals in goods and commodities and looking for a working capital loan? If you are looking for options, this could be important for you.

FinMin shoots off letter to SBI, other PSBs, says defer avoidable expenditure on buying staff cars, decorations, entertainment

FinMin shoots off letter to SBI, other PSBs, says defer avoidable expenditure on buying staff cars, decorations, entertainment

Thu, Jun 18, 2020

Taking cognizance of the Punjab National Bank (PNB) purchase of Audi cars for its three directors, the Finance Ministry has directed public sector banks to follow strict austerity measures.

Shares to buy: IIFL Securities' Sanjiv Bhasin suggests 2 money-making stocks

Shares to buy: IIFL Securities' Sanjiv Bhasin suggests 2 money-making stocks

Thu, Jun 04, 2020

Shares to buy today: IIFL's Sanjiv Bhasin has suggested that stock market investors buy Punjab National Bank (PNB) shares and Cipla — a pharma sector stock.

Punjab National Bank cuts rates; Lender reduces RLLR by 40 bps, MCLR rate by 15 bps

Punjab National Bank cuts rates; Lender reduces RLLR by 40 bps, MCLR rate by 15 bps

Tue, Jun 02, 2020

PNB Loan: In a bid to provide relief to borrowers and follow the Reserve Bank of India (RBI) instructions, the Punjab National Bank (PNB) has reduced its Repo Linked Lending Rate (RLLR) by 40 bps to 6.65 per cent.

PNB Loan - Bank offers these 4 amazing credit schemes exclusively to women

PNB Loan - Bank offers these 4 amazing credit schemes exclusively to women

Thu, May 07, 2020

Women who want to be financially independent and do something on their own have a great opportunity to do something about it and money should not be a deterrent. India's second largest public sector bank Punjab National Bank (PNB) has several programmes to assist women

Are you a pensioner? Need loan? Here is what you should know

Are you a pensioner? Need loan? Here is what you should know

Tue, May 05, 2020

Are you a pensioner and want financial assistance or some sort of loan? You can avail loan amount of up to Rs 10 lakh or 18 times the Net Monthly Pension (NMP) form this bank. India's second-largest public sector bank the Punjab National Bank (PNB) is offering financial assistance to the people drawing pension through the bank

PNB Agriculture loans: Avail these schemes for emergency needs amid lockdown; easy repayment facility

PNB Agriculture loans: Avail these schemes for emergency needs amid lockdown; easy repayment facility

Thu, Apr 30, 2020

India's second largest public sector bank Punjab National Bank (PNB) is giving short term loans under its Agriculture Credit schemes. The bank is offering instant loan facilities under a couple of schemes where loans are being offered without any security or collateral

SBI, PNB bank ATM customers alert! Public Sector Banks waive-off these service charges during Coronavirus lockdown

SBI, PNB bank ATM customers alert! Public Sector Banks waive-off these service charges during Coronavirus lockdown

Sat, Apr 25, 2020

SBI has waived-off the ATM money withdrawal limit till 30th June 2020. Now, SBI card holders can fish out money from either SBI or other Bank ATMs for unlimited number of times till 30th June 2020.

PNB Online: Bank waives off transaction charges on IMPS, NEFT, RTGS and UPI payments

PNB Online: Bank waives off transaction charges on IMPS, NEFT, RTGS and UPI payments

Fri, Apr 24, 2020

PNB Online: Great news for all Punjab National Bank account holders. India's second largest state lender has waived-off charges for transactions performed through internet banking and mobile banking using IMPS, NEFT, RTGS and UPI mode

PNB, Bank of Baroda, others launch COVID-19 personal loans; should you go for them?

PNB, Bank of Baroda, others launch COVID-19 personal loans; should you go for them?

Thu, Apr 23, 2020

Sahyog COVID-19 Personal Loan: People may be facing a money crisis during the lockdown period as they are not being able to go to their work and they may have exhausted their savings bank account.

PNB Gold Monetisation Scheme: Cash crunch? Earn income through your idle gold

PNB Gold Monetisation Scheme: Cash crunch? Earn income through your idle gold

Tue, Apr 21, 2020

Punjab National Bank (PNB) Gold Monetisation Scheme (GMS) can be a way forward. The GMS is intended to mobilise gold held by households and institutions of the country and to enable its use for productive purposes

Bank Merger: 6 things OBC, UBI customers should know about debit cards, cheque books to passbooks post merger with PNB

Bank Merger: 6 things OBC, UBI customers should know about debit cards, cheque books to passbooks post merger with PNB

Mon, Apr 13, 2020

Customers belonging to erstwhile Oriental Bank of Commerce (OBC) and United Bank of India (UBI), this is what you must know to ensure that you have a hassle free banking experience, especially when your movements are restricted because of the nationwide lockdown due to the Coronavirus pandemic. Both have been merged into PNB

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