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.
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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.
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.
Sat, Mar 09, 2019
India had asked Britain in August to extradite Modi, one of the main suspects charged in the $2 billion loan fraud at state-run Punjab National Bank (PNB), India`s biggest banking fraud.
Sat, Mar 02, 2019
According to EASE (Enhanced Access and Service Excellence) index prepared by Indian Bank Association (IBA), it is PNB who has topped the list of best performing bank among PSB.
Fri, Mar 01, 2019
In a major good news to borrowers, state-owned lender Punjab National Bank has cut down its marginal cost of fund based lending rate (MCLR) by 10 basis points with immediate effect.
Wed, Feb 27, 2019
In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
Wed, Feb 13, 2019
It is one of the first banking recruitment in the country which will apply the new 10 per cent reservation for the Economically Weaker Sections or EWS of the society. Candidates can apply online at the official website of PNB on pnbindia .in.
Sat, Feb 09, 2019
In a surprising incident, bank accounts of as many as 41 people have been wiped of total Rs 7,26,300 even as they did no transaction on their own.
Fri, Feb 08, 2019
In addition, the new loans, where A+ and above loans have been sanctioned, had a good impact on it. The NPA recovery reduction mechanism has helped us in bringing down the NPA numbers.
Sat, Feb 02, 2019
Fixed Deposit schemes have now become more lucrative for SBI, Post Office, HDFC, ICICI, Axis, PNB, BoB other bank customers.
Wed, Jan 30, 2019
In terms of reach and network, newly launched India Post Payments Bank (IPPB) has become the largest bank, leaving behind popular lenders like State Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank and others.
Wed, Jan 02, 2019
The new rates on FDs are for those customers who are looking to make deposits below Rs 1 crore on various tenures. And what is notable is that it would be senior citizens who benefit the most from PNB Fixed Deposits.
Sun, Dec 30, 2018
Online banking frauds have become a trend recently. In 2018, several such cases were reported from across the country.
Wed, Dec 26, 2018
First, loans went kaput (broken) and borrowers left the country after defaulting on payments or committing frauds.
Sun, Dec 23, 2018
State-owned Punjab National Bank (PNB) has launched a special card for Kumbh Mela 2019.
Fri, Dec 21, 2018
Bank Strike News Today: A bank strike has been called today by the union of public sector bank officers.
Wed, Dec 19, 2018
The two issues, PCA and NBFC, were being discussed with the Reserve Bank of India and I am very happy to inform you that the governor has focused on these two-three important issues, said Sunil Mehta, Chairman, Punjab National Bank
Sun, Dec 16, 2018
ATM cloning fraud: To save the customers, banks have started making changes to software and hardware in ATMs to ensure the machine shuts down automatically as soon as it suspects cloning.
Tue, Dec 04, 2018
Non-CTS cheques used by customers of all banks including State Bank of India (SBI), HDFC Bank, ICICI Bank, Bank of Baroda, Punjab National Bank and others will become invalid from January 1.
Sat, Nov 24, 2018
The country may face massive cash crunch like post demonetisation period as half of India's ATMs could shut down by March 2019.
Wed, Nov 21, 2018
Bank Holidays in November: After Diwali and Chhath holidays, banks will remain closed for four days in this week
Sat, Nov 17, 2018
The FD rates have been hiked days before the Reserve Bank of India (RBI), in its upcoming meeting on 19th November, may well ease lending rates, if Centre has its way.
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