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Punjab National Bank News
Punjab National Bank
Punjab National Bank appoints Rajesh Yaduvanshi as Executive Director
Tue, Apr 16, 2019
Punjab National Bank (PNB) Tuesday said it has appointed Rajesh Kumar Yaduvanshi as the Executive Director of the bank with effect from April 15.
Free power, loan waivers can't be long-term solutions to farmer problems: VP Venkaiah Naidu
Fri, Apr 12, 2019
PNB has topped the first ever EASE (Enhanced Access and Service Excellence) index this year, he said. Talking about bank's resurgence after a lean patch Mehta said, "Last year was a challenging year for us. Putting the past behind, all toiled hard to ensure that the bank returned to profitability in just 9 months." The bank increased its business by one lakh to cross Rs 11 lakh crore at the end of March 2019.
HDFC Bank named India's No. 1 bank; Is your bank in this prestigious Forbes list? Find out
Thu, Apr 11, 2019
In Forbes magazines' 'World's Best Bank' survey HDFC Bank emerged as India’s No 1 bank. the survey was done in partnership with market research firm Statista.
PNB shares to rise by over 17 pct, buy at Rs 110: Sharekhan
Mon, Apr 08, 2019
Following the fraud, PNB has done significant amount of business and process enhancement/ upgradation to mitigate operational and credit risk, which Sharekhan believes is a positive.
PNB's stake sale in housing finance arm 'credit positive', to strengthen capital: Moody's
Mon, Apr 08, 2019
The sale of Punjab National Bank's 13 per cent stake in PNB Housing Finance is credit positive as it will strengthen the bank's capital, Moody's said Monday.
PNB account holder? Is your debit card not working at ATMs? See what bank says
Sat, Apr 06, 2019
Many times PNB debit card doesn't work properly at the ATMs, be it of PNB or some other bank's ATM.
PNB account holders: Know your Debit card cash withdrawal limit, annual charges, validity and other details
Thu, Apr 04, 2019
PNB Debit Card users: There are certain limits and rules related to the debit card set up by the bank which you should keep in mind.
Nirav Modi denied bail; issued death threats to witnesses, UK court told
Fri, Mar 29, 2019
Nirav Modi's defence team, led by barrister Clare Motgomery, who was also the barrister for former Kingfisher Airlines boss Vijay Mallya in his extradition case - opposed the CPS claims.
Five PSU lenders get capital infusion of Rs 21,428 crore from government
Thu, Mar 28, 2019
This capital infusion is for the current fiscal ending March 31, 2019.
PNB Scam: Mehul Choksi says not related to firm involved in PNB fraud, claims innocence
Wed, Mar 27, 2019
In a statement issued by his lawyers, Mehul Choksi said the raids against him were on the basis of "an old and dated 'Know Your Customer' (KYC) document" submitted by him to the Punjab National Bank in 1995.
RBI slaps Rs 2 crore penalty on PNB for violating SWIFT norms
Tue, Mar 26, 2019
The RBI has slapped a penalty of Rs 2 crore on Punjab National Bank (PNB) for non-compliance of regulatory directions with regard to SWIFT operations, the state-run lender said Tuesday.
Online fraud: PNB asks customers to follow these safety tips
Sat, Mar 23, 2019
Smartphones help you do smart works. With a tap of the finger on this device, one can do a number of things one needs for a fulfilled life - be it opening a bank account, ordering food or getting grocery items at your doorstep.
India waiting for UK reply after fugitive Nirav Modi's video surfaces
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.
From being fraud-trapped to becoming best PSBs; this bank has turned stones in 1 year, should you buy stock?
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.
Explained: How drop in PNB MCLR will impact your home, personal and car loans
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.
Government's bank recap drive not enough for PSBs, Fitch reveals massive amount needed
Wed, Feb 27, 2019
In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
PNB recruitment 2019: Want job at this top bank in India? You can check here, 325 vacancies on offer
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.
Rs 7,26,300 Gone! ATM fraud in Delhi: 41 customers lose money after getting new debit cards
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.
Farmers are backbone of the nation & we are committed to government’s mission of doubling their income by 2022: AK Azad, PNB
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.
Fixed Deposit TDS limit raised: SBI, PNB,HDFC, ICICI, other bank customers can earn more now
Sat, Feb 02, 2019
Fixed Deposit schemes have now become more lucrative for SBI, Post Office, HDFC, ICICI, Axis, PNB, BoB other bank customers.