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, May 14, 2022
Recently, Punjab National Bank presented the results of the January-March quarter, which were weaker than expected. After the results, know what is the target and opinion of the brokerage?
Wed, May 11, 2022
PNB Q4 Results 2022: Punjab National Bank (PNB) reported a standalone net profit of Rs 201.57 cr for the quarter ended 31 March 2022. It was down by over 65 per cent Year-on-Year (YoY) versus Q4FY21 Profit After Tax (PAT) of Rs 586.33 cr
Fri, May 06, 2022
State-owned Punjab National Bank (PNB) on Friday said it has hiked its external benchmark linked lending rate by 0.40 per cent to 6.90 per cent with effect from June 1
Fri, Mar 25, 2022
Shares of Future Enterprises Ltd on Friday declined nearly 5 percent after the company said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring plan.
Tue, Mar 01, 2022
The Delhi-headquartered lender introduced PPS for cheques of Rs 50,000 and above presented in CTS clearing from January 1, 2021, in accordance with the RBI guidelines.
Wed, Feb 02, 2022
Punjab National Bank (PNB) will be divesting its 23 per cent holding in its life insurance arm Canara HSBC OBC Life Insurance. The company will be selling its stake to HSBC Insurance
Mon, Jan 03, 2022
The Punjab National Bank (PNB) has advertised for the post of Chief Risk Officer (CRO), Chief Compliance Officer (CCO), and other positions. The bank is looking for six individuals to hire under this recruitment drive for six different positions.
Sun, Nov 21, 2021
A vulnerability in the server of Punjab National Bank allegedly exposed the personal and financial information of its about 180 million customers for about seven months, according to cyber security firm CyberX9.
Wed, Nov 03, 2021
To promote the government's efforts towards the adoption of electric/green vehicles, PNB has slashed the interest rate on e-vehicles and CNG vehicles to 6.65%, while it starts from 6.75% for other cars
Thu, Oct 28, 2021
The Indian stock market on Thursday closed in the red with BSE Sensex falling over 1,100 points and Nifty closing below 17,900-level. The decline was mainly led by banking stocks as Nifty Bank slipped over 1,300 points below 39,550-level at the close.
Thu, Oct 21, 2021
The Punjab National Bank (PNB) is urging its customers to make little investment in Public Provident Fund (PPF) scheme in order to enjoy the future.
Mon, Oct 11, 2021
The Punjab National Bank (PNB) is providing an opportunity of investing in the Pranam Fixed Deposit Scheme for senior citizens attaining 60 years of age.
Fri, Sep 10, 2021
The decision was taken at the meeting of the board of directors on Friday.
Fri, Aug 27, 2021
Punjab National Bank (PNB) has recently launched e-PPF through Internet Banking System. Customers can open a PPF account round the clock by logging in to Internet Banking System using their ID and Password.
Fri, Jul 16, 2021
PNB MetLife said it has been consistently declaring bonus on participating products every year and 4.6 lakh customers, whose policies are in force as of March 31, 2021, will be benefiting from this bonus.
Tue, Jun 08, 2021
Sharekhan says that Punjab National Bank posted weak results with operational performance coming below expectations and disappointing asset quality performance. The Net Interest Income (NII) came at Rs 6937 cr, was down 16.3% qoq and was below expectations. The PAT came in at Rs 586 cr, up 15.9% QOQ (there was a Loss in Q4 FY2020) but was still below expectations, mainly due to lower topline due to high slippages
Fri, Apr 09, 2021
For this PNB recruitment 2021, the bank has also issued a notification. The interested candidates apply for the posts by April 17, 2021.
Wed, Mar 24, 2021
Changes from April 2021: From 1st April 2021, the new financial year FY 2021-22 is going to begin and there are some major changes that are going to impact you.
Tue, Mar 09, 2021
Punjab National Bank, post its merger with the two banks – United Bank of India and Oriental Bank of Commerce in 2020 - is today positioned as India’s 2nd largest PSU bank and overall, 3rd largest in terms of total credit. The bank is in the midst of raising its 2nd tranche of funds (Rs.2,000 – 3,000 cr) to beef up its capital base. Recently, it completed an integration program to onboard the merged entities onto a single platform.
Tue, Feb 23, 2021
PNB Peon Vacancy 2021: The Punjab National Bank (PNB) is inviting job application for the post of Peon. The PNB Peon vacancy is now open for PNB job or PNB banking job aspirants.
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