Mon, Apr 08, 2024
Punjab National Bank's total advances in the fourth quarter were up by 11.5 per cent to Rs 9.86 lakh crore Year-on-Year (YoY). Its total deposits of the bank grew by seven per cent in the fourth quarter to Rs 13.70 lakh crore. After the results, Morgan Stanley maintained an 'underweight' rating for PNB with a target price of Rs 70. On the other hand, Bank of Baroda's domestic deposits increased by 7.75 per cent to Rs 11.28 lakh crore in the fourth quarter this fiscal from Rs 10.47 lakh crore in the same quarter last year.
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Fri, Apr 05, 2024
Total business of the Punjab National Bank rose 8.8 per cent to Rs 23.56 lakh crore as compared to Rs 21.65 lakh crore at the end of March 31, 2023.
Tue, Mar 26, 2024
Delhi Metro Rail Corporation (DMRC) awarded the naming rights to the bank for a period of 10 years, beginning from 2024, BoB said in a statement.
Mon, Jul 18, 2016
Finance Ministry is planning to merge other public sector banks to reduce their number to 10.
Sun, Jul 10, 2016
Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.
Sun, Jun 26, 2016
To raise capital, the bank will be selling its non-core assets gradually.
Tue, Jun 14, 2016
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).
Thu, Jun 09, 2016
As the news of a marginal farmer`s accounts being frozen for being a `guarantor` to Mallya`s loan spread, the bank admitted to the inadvertent mistake.
Marginal Cost Funds-based Lending Rate (MCLR) is the new methodology to calculate interest rate on advances.
Tue, Jun 07, 2016
Banking stocks rise as Rajan decides to maintain status quo. The S&P BSE Bankex rose nearly 1% on Tuesday as Raghuram Rajan, Governor, Reserve Bank of India (RBI), decided to keep repo rate unchanged at 6.5%.
Sun, May 29, 2016
With the addition, the total number of ATMs of public sector banks increased to 1,42,557 at March-end.
Sat, May 21, 2016
It seems like not only Indian banks but even a local farmer in Pilibhit, a district in Uttar Pradesh, is displeased for being associated with Vijay Mallya.
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