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Punjab National Bank

Punjab National Bank Fundraise News Boosts Stock; Hits 52-Week High | Stock Market News

Punjab National Bank Fundraise News Boosts Stock; Hits 52-Week Hi...

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.

Exclusive: In conversation with SS Mallikarjuna Rao, MD and CEO, PNB

Exclusive: In conversation with SS Mallikarjuna Rao, MD and CEO,...

Fri, Dec 06, 2019

In conversation with SS Mallikarjuna Rao, MD and CEO of Punjab National Bank. To know more watch the video

PNB's NPA slippages will be restricted within Rs19,000 crore levels by end of this fiscal year: SS Mallikarjuna Rao, MD & CEO

PNB's NPA slippages will be restricted within Rs19,000 crore...

Fri, Nov 08, 2019

The accounts that turned up to be an NPA account and added to the slippage in this quarter include Jet Airways. Besides, the retail, agriculture and MSME (RAM) has a contribution of around Rs3,000 crore to the slippage of the quarter. Thus, total slippage stands around Rs11,000-12,000 crore in the first half of the year.

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PNB Q2 net at Rs 507 cr, low asset quality, provisions up

PNB Q2 net at Rs 507 cr, low asset quality, provisions up

Tue, Nov 05, 2019

The bank has made Rs 2,928.90 crore in provisions for the quarter, which were 44 per cent higher than Rs 2,023.31 crore provisions made in the previous June quarter but 70 per cent lower than Rs 9,757.90 crore provisions the bank made crore in the year-ago quarter.

Sensex, Nifty dip on long-awaited profit-booking; Indian Overseas Bank, Vodafone Idea, PNB stocks bleed

Sensex, Nifty dip on long-awaited profit-booking; Indian Overseas Bank, Vodafone Idea, PNB stocks bleed

Tue, Nov 05, 2019

Overall the market is bullish. The Nifty has sustained above the psychological 11,900 levels and has strong support there. If it opens above 11,900 tomorrow, then we can still expect the 50-stock index to hit 12,100 levels, say experts.

Bank strike alert! All Indian banks to remain closed on this day; complete important tasks now

Bank strike alert! All Indian banks to remain closed on this day; complete important tasks now

Sun, Oct 20, 2019

It is against the merger of banks such as Punjab National Bank (PNB) with United Bank of India and Oriental Bank of Commerce, Syndicate Bank with Canara Bank; Allahabad Bank with Indian Bank, and Andhra Bank with Corporation Bank and Union Bank of India.

SS Mallikarjuna Rao appointed new Punjab National Bank CEO

SS Mallikarjuna Rao appointed new Punjab National Bank CEO

Tue, Oct 01, 2019

SS Mallikarjuna Rao has been appointed the new Punjab National Bank CEO. This announcement comes after deliberations were carried on the basis of a shortlist of eligible candidates prepared earlier.

SBI, PNB others to provide loan in under 1 hour! Get quick money, know how to apply

SBI, PNB others to provide loan in under 1 hour! Get quick money, know how to apply

Thu, Sep 05, 2019

Bank loan: Yes, money on tap will be made available by public sector banks to all borrowers. Applicants can now get an in-principle approval for loans within 59 minutes through 19 public sector banks including STate Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda and Union Bank of India.

Big Bang Change! Modi govt announces bank-merger scheme; PNB, Oriental Bank and United Bank to be first to merge

Big Bang Change! Modi govt announces bank-merger scheme; PNB, Oriental Bank and United Bank to be first to merge

Fri, Aug 30, 2019

Sitharaman said that this consolidation of banks will have 82% business, rest will vest with others.

RBI imposes upto Rs 1.5 crore fine on Oriental Bank of Commerce, SBI, BoB, PNB

RBI imposes upto Rs 1.5 crore fine on Oriental Bank of Commerce, SBI, BoB, PNB

Sun, Aug 04, 2019

Reserve Bank of India (RBI) has imposed few hefty penalties on some public sector banks for delay in reporting loan frauds.

PNB Fixed Deposit rates revised again! Here's what you get now

PNB Fixed Deposit rates revised again! Here's what you get now

Fri, Aug 02, 2019

Punjab National Bank (PNB) Fixed Deposit rates on select maturities have been revised again.

We are confident that 2019 is going to be a profitable year for PNB: Sunil Mehta, MD & CEO, PNB

We are confident that 2019 is going to be a profitable year for PNB: Sunil Mehta, MD & CEO, PNB

Tue, Jul 30, 2019

Sunil Mehta, Managing Director & Chief Executive Officer, Punjab National Bank, speaks about the quarter 1 results, fraud at Bhushan Steel and NPAs during an interview with Zee Business.

PNB reports profit at Rs 1,019 crore for June quarter

PNB reports profit at Rs 1,019 crore for June quarter

Fri, Jul 26, 2019

PNB reported a net profit of Rs 1,018.63 crore for the quarter ended June 30, 2019 (Q1FY20) compared to the Rs 940 crore loss it reported during the corresponding quarter in the previous financial year.

PNB Q1 result surprise! Punjab National Bank logs Rs 1,019 crore profit

PNB Q1 result surprise! Punjab National Bank logs Rs 1,019 crore profit

Fri, Jul 26, 2019

PNB shares performed well on BSE today. They were trading 2.95 per cent higher at Rs 68 after the announcement of quarterly results, while the benchmark BSE Sensex was almost flat at 37,882 at around 3.58 pm.

Stocks in Focus on July 25: PNB, Airtel & Vodafone to Cipla; Here are 5 Newsmakers of the Day

Stocks in Focus on July 25: PNB, Airtel & Vodafone to Cipla; Here are 5 Newsmakers of the Day

Thu, Jul 25, 2019

The board of Punjab National Bank is scheduled to meet today, July 25, 2019, to consider and approve the proposal to raise Rs5,000 crore in equity capital.

Sensex slips below 38K, Bank Nifty dips near 29K; Bandhan Bank, Coal India, Apollo Tyres stocks bleed

Sensex slips below 38K, Bank Nifty dips near 29K; Bandhan Bank, Coal India, Apollo Tyres stocks bleed

Tue, Jul 23, 2019

DHFL, PC Jeweller, Minda Industries and Can Fin Homes stocks were among the top gaining stocks today while GRUH Finance, Bandhan Bank, PNB and Shriram Transport Finance were among the top losing stocks in the intraday trade.

Allahabad Bank share price plunges 10%, set to remain bearish due to Bhushan Power fraud case, say stock market experts

Allahabad Bank share price plunges 10%, set to remain bearish due to Bhushan Power fraud case, say stock market experts

Mon, Jul 15, 2019

Allahabad Bank share price has crashed around 10 per cent in the intraday trade after the bank officials reported the Bhushan Power & Steel Ltd fraud of Rs 1,774.82 crore.

Stock Market Crash: PNB-Bhushan Power, FII, Budget connection to Sensex, Nifty blood bath

Stock Market Crash: PNB-Bhushan Power, FII, Budget connection to Sensex, Nifty blood bath

Tue, Jul 09, 2019

Modi 2.0 government levying surcharge of an additional 3 per cent on the trusts investing in Indian equities on their STCG hasn't gone down well among the FIIs.

PNB Scam effect: Punjab National Bank share price crashed over 11 pct, experts expect recovery

PNB Scam effect: Punjab National Bank share price crashed over 11 pct, experts expect recovery

Tue, Jul 09, 2019

PNB Scam effect: Amid heavy sell0ff by FIIs, the Punjab National Bank scam of Rs 3,800 have done further damage to the PNB share price.

Sensex crash! Rs 5.61 lakh crore of investor wealth wiped out in 2 days - 8 reasons why

Sensex crash! Rs 5.61 lakh crore of investor wealth wiped out in 2 days - 8 reasons why

Mon, Jul 08, 2019

From July 05 to July 08, 2 market days (Friday and Monday) a breathtaking Rs 5.61 lakh crore worth of investor wealth has been wiped out.

Bank Nifty plunges over 900 points, new PNB fraud mostly to blame

Bank Nifty plunges over 900 points, new PNB fraud mostly to blame

Mon, Jul 08, 2019

Banking benchmark index, Bank Nifty shredded over 900 points on Monday, the week's opening trading session before pulling back slightly at the fag end of trading day.

Stocks in Focus on July 8: Mindtree, PNB to Maruti; here are the 5 Newsmakers of the Day

Stocks in Focus on July 8: Mindtree, PNB to Maruti; here are the 5 Newsmakers of the Day

Mon, Jul 08, 2019

There are certain stocks that came in news after the market was closed on Friday and can play a role in setting the direction of the indices today.

Rs 3800 crore PNB fraud: Another Punjab National Bank scam reported! Details here

Rs 3800 crore PNB fraud: Another Punjab National Bank scam reported! Details here

Sun, Jul 07, 2019

Punjab National Bank (PNB) has reported another big fraud worth Rs 3800 crore.

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