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Will PNB see any ray of hope; analysts trim down ratings

Will PNB see any ray of hope; analysts trim down ratings

Sun, May 20, 2018

Two jewellers, Nirav Modi and Mehul Choksi linked fraud of over Rs 14,000 crore has reflected in the earnings of Punjab National Bank in a very disappointing manner. 

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‘Data breach’ at PNB! 10,000 credit and debit cards details affected: Report

‘Data breach’ at PNB! 10,000 credit and debit cards details affected: Report

Fri, Feb 23, 2018

PNB fraud: The discovery of fraudulent transactions and data breach highlight the weak operational controls and corporate governance at the Punjab National Bank.

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PNB fraud: A timeline of Rs 11,400 crore scam; how bank lost nearly Rs 14,000 crore

PNB fraud: A timeline of Rs 11,400 crore scam; how bank lost nearly Rs 14,000 crore

Tue, Feb 20, 2018

Since the day Rs 11,400 crore Punjab National Bank (PNB) fraud case came to light, the state-owned bank is bearing the brunt of investors who continue to remove their money from its stock for the fourth consecutive day.  

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PNB fraud: Will Nirav Modi scam also hurt other known jewellers?

PNB fraud: Will Nirav Modi scam also hurt other known jewellers?

Fri, Feb 16, 2018

 The impact of this scam has already been felt in stock price of other jewelry firms.

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PNB's Q3FY18 PAT rises by 11% yoy; capital infusion of Rs 5,473 crore approved

PNB's Q3FY18 PAT rises by 11% yoy; capital infusion of Rs 5,473 crore approved

Tue, Feb 06, 2018

 PNB registered a net profit of Rs 230.11 crore in Q3FY18- rising by 11.06% compared to Rs 207.18 crore in the corresponding period of the previous year. 

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Punjab National Bank may shutdown 300 loss-making branches

Punjab National Bank may shutdown 300 loss-making branches

Wed, Nov 08, 2017

 PNB saw just 2.2% increase in its net profit to Rs 561 crore in Q2FY18 compared to net profit of Rs 549 crore in the same period of the previous year. 

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Punjab National Bank posts 306% rise in Q3 net profit; bad loans up marginally

Punjab National Bank posts 306% rise in Q3 net profit; bad loans up marginally

Tue, Feb 07, 2017

The total income increased to Rs 14497.6 crore in Q3FY17 from Rs 13891.2 crore in Q3FY16. 

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SBI, IDBI, PNB shares in focus as banks slash MCLR rates

SBI, IDBI, PNB shares in focus as banks slash MCLR rates

Mon, Jan 02, 2017

Other private banks are likely to slash MCLR rates soon.

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