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Punjab National Bank (PNB)

PNB shares dip post Q4 profit jump, dividend announcement — is this the right time to buy? Here’s what top brokerages say

PNB shares dip post Q4 profit jump, dividend announcement — is th...

Thu, May 08, 2025

Punjab National Bank (PNB) has delivered a solid Q4 performance, with a 52 per cent jump in net profit, backed by strong other income, healthy credit growth and improving asset quality.

Public sector banks' dividend payout rises 33% in FY24: Centre

Public sector banks' dividend payout rises 33% in FY24: Cent...

Sun, Mar 23, 2025

Public sector banks (PSBs) in India have shown significant financial improvement, as their dividend payouts increased by 33 per cent to Rs 27,830 crore in the financial year 2023-24.

PNB reports Rs 270.57 crore loan fraud by Gupta Power Infrastructure

PNB reports Rs 270.57 crore loan fraud by Gupta Power Infrastruct...

Wed, Feb 19, 2025

Punjab National Bank reported a fraud of Rs 270.57 crore by Odisha-based Gupta Power Infrastructure Ltd to the Reserve Bank. Borrowal fraud of Rs 270.57 crore has been reported to the Reserve Bank of India (RBI) in non-performing asset (NPA) account of Gupta Power Infrastructure Ltd, PNB said in a regulatory filing.

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Ashok Chandra takes over as MD of PNB, Binod Kumar as head of Indian Bank

Ashok Chandra takes over as MD of PNB, Binod Kumar as head of Ind...

Fri, Jan 17, 2025

Ashok Chandra took over as MD and CEO of Punjab National Bank (PNB) while Binod Kumar took charge of Indian Bank on Thursday following the government notification regarding their respective appointments.

Top PSU Banks latest FD rates for Senior citizens: SBI, BOB, and More; know maturity amount on Rs 6 lakh investment in 3 Years

Top PSU Banks latest FD rates for Senior citizens: SBI, BOB, and...

Sun, Dec 08, 2024

Let’s find out the latest 3-year Fixed deposit (FD) rates for senior citizens from State Bank of India (SBI), Bank of Baroda (BOB), Punjab National Bank (PNB), and Union Bank of India. Discover returns available now on 3 lakh investments on a 3-year FD.

Latest FD Interest Rates for Senior Citizens: SBI, 2 other PSU banks pay these returns in 5 years now

Latest FD Interest Rates for Senior Citizens: SBI, 2 other PSU ba...

Sun, Dec 01, 2024

Check the latest 5-year fixed deposit (FD) rates for senior citizens offered by top banks like State Bank of India (SBI), Punjab Nationa Bank (PNB), and Canara Bank. Discover the returns available now on 5 lakh investments.

SBI 3-year FD vs PNB 3-year FD vs BoB 3-year FD: What will general and senior citizens get on Rs 6 lakh investment

SBI 3-year FD vs PNB 3-year FD vs BoB 3-year FD: What will genera...

Thu, Nov 14, 2024

A 3-year fixed deposit (FD) can be a good option for investors who don’t want return immediately, but want it in the short term only. Or, a guaranteed option that can help them get monthly income for 3 years if they opt for it. Thus, before investing individuals must compare interest rates offered by different banks and small banks. In this context, we will compare a 3-year FD of State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB) to find out what general and senior citizens will get after investing Rs 6 lakh in each FD.

PNB Housing Finance jumps 11% on strong Q2 performance; broader market shows mixed trends

PNB Housing Finance jumps 11% on strong Q2 performance; broader m...

Fri, Oct 25, 2024

Key drivers included better asset quality, with gross NPAs reduced to 1.24 per cent from 1.35 per cent last quarter and 1.78 per cent in the same period last year.

PNB account holders alert! Do this before August 12 to avoid account closure

PNB account holders alert! Do this before August 12 to avoid acco...

Sat, Aug 03, 2024

PNB Account Holders Alert: Approximately 325,000 PNB account holders have not yet updated their KYC details. These account holders have until August 12 to complete their KYC updates. Failure to do so may result in the suspension of their account operations. Here’s how to update your KYC.

PNB introduces Safety Ring mechanism to enhance security for internet, mobile banking users

PNB introduces Safety Ring mechanism to enhance security for inte...

Tue, Jul 09, 2024

Once set, it said, the safety feature ‘Safety Ring' ensures that TD cannot be closed, withdrawn, or used for loans (overdraft) beyond the customer-defined limit through any digital channels.

7 banks including SBI, PNB, HDFC Bank, and ICICI Bank that are offering up to 7.75% interest on Senior Citizen FD

7 banks including SBI, PNB, HDFC Bank, and ICICI Bank that are of...

Wed, Apr 17, 2024

Banks such as State Bank of India (SBI), Bank of Baroda (BoB), ICICI Bank, HDFC Bank, Punjab National Bank (PNB) and Canara Bank offer up to 7.75% interest rate on 5-year FDs to senior citizens, as per Paisabazaar.com data.

Nestle India board approves hike in royalty payment to parent company

Nestle India board approves hike in royalty payment to parent com...

Fri, Apr 05, 2024

The fees are payable in a staggered manner over five years by making an increase of 0.15 per cent per annum over the current licence fees of 4.5 per cent per annum effective from July 1, 2024, the company added.

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 impressi...

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.

UDGAM: RBI sets up centralised web portal for searching unclaimed bank deposits

UDGAM: RBI sets up centralised web portal for searching unclaimed...

Thu, Aug 17, 2023

UDGAM Portal: The launch of the web portal will aid users to identify their unclaimed deposits or accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks.

Punjab National Bank raises MCLR: Loans, EMIs to get costlier

Punjab National Bank raises MCLR: Loans, EMIs to get costlier

Thu, Jun 01, 2023

PNB MCLR hike: PNB has increased its overnight MCLR from 8 per cent to 8.1 per cent.

Exclusive: There isn't a single lumpy account in our book that can turn into a bad asset, says PNB MD and CEO, Atul Kumar Goel

Exclusive: There isn't a single lumpy account in our book th...

Tue, May 23, 2023

The focus was always on the recovery and as on date we don’t have any accounts more than even Rs 50 crore for the corporate side, which might get downgraded in the next year : PNB MD and CEO, Atul Kumar Goel

RBI asks banks to return unclaimed deposits of THESE bank account holders: Check details

RBI asks banks to return unclaimed deposits of THESE bank account...

Fri, May 12, 2023

Reserve Bank launches ‘100 Days 100 Pays’ campaign to return account-holders' unclaimed deposits: The Reserve Bank of India has launched ‘100 Days 100 Pays’ campaign to return uncl

PNB makes PPS mandatory for cheque payments worth Rs 5 lakh and above

PNB makes PPS mandatory for cheque payments worth Rs 5 lakh and...

Fri, Mar 03, 2023

The cheques that are registered in the PPS will only be accepted under the dispute resolution mechanism. Earlier, the mandatory submission of cheque details in PPS was set at Rs 10 lakh and above.

PNB not to divest its stake in Canara HSBC Life Insurance

PNB not to divest its stake in Canara HSBC Life Insurance

Wed, Mar 01, 2023

The board of directors in its meeting held on February 28, 2023 has accorded approval for withdrawal of the process for divestment of bank's stake in Canara HSBC Life Insurance Co Ltd, PNB said in a regulatory filing.

PNB FD interest rate 2023: Get up to 7.8% return on fixed deposit

PNB FD interest rate 2023: Get up to 7.8% return on fixed deposit...

Mon, Feb 20, 2023

PNB FD Interest Rate 2023: According to the bank's official website, the increase FD rates are applicable from today, February 20.

February 1 Rule Change Alert! These are big changes that will directly impact common man's pocket from February 1

February 1 Rule Change Alert! These are big changes that will dir...

Wed, Feb 01, 2023

Rules Change From February 1: Apart from the Union Budget 2023, several changes have also been announced which will directly affect the common man's pocket. Here's a list of 6 big changes that have come into effect from February 1.

PNB Q3 Results: Net profit falls 44% to Rs 629 crore, misses analysts' estimates

PNB Q3 Results: Net profit falls 44% to Rs 629 crore, misses anal...

Mon, Jan 30, 2023

PNB Q3 results: The bank's net interest income — or the difference between interest earned and interest paid — increased 17.6 per cent on a year-on-year basis to Rs 9,179.4 crore, according to a regulatory filing.

PNB case: Diamantaire Nirav Modi's Pune flats to be auctioned in February 2023

PNB case: Diamantaire Nirav Modi's Pune flats to be auctione...

Sat, Dec 31, 2022

The e-auction of these properties is considered a year-ender attempt to recover a part of the PNBs staggering due of over Rs 11,653 crore, calculated till early 2023.

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