Thu, May 30, 2024
Favorable monsoons will likely augur well for nearly all the sectors of the economy, nonetheless, there is a view that as the markets have already factored in IMD's predictions on good monsoon, the upside scope is limited.
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Wed, May 08, 2024
Net interest income (NII), a difference between the income a bank realizes from its lending activities and the interest it pays to depositors, is also expected to log 6.3 per cent increase on year during the review period to Rs 10,100 crore. In Q4FY23, the bank’s NII was reported at Rs 9498.8 crore.
Fri, Apr 05, 2024
Total business of the Punjab National Bank rose 8.8 per cent to Rs 23.56 lakh crore as compared to Rs 21.65 lakh crore at the end of March 31, 2023.
Wed, Sep 29, 2021
The banks which are offering home loans this festive season include the public sector banks like State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB). Apart from the public sector banks, there are also Kotak Mahindra Bank and HDFC Bank.
Mon, Sep 20, 2021
Public and private banks are now offering home loans at record low-interest rates to cash in on the festive season demand and boost the market sentiments.
Fri, Sep 17, 2021
A day after surging for over 5 per cent during Thursday’s trade, Nifty PSU Bank declined most among sectors by around 3 per cent on the NSE at the market close on Friday.
Wed, Sep 08, 2021
He will succeed SS Mallikarjuna Rao, who was recently given an extension till January 2022.
Thu, Sep 02, 2021
In an apparent roadblock to take-off, Punjab National Bank (PNB) has challenged the Jet Airways resolution plan in the NCLAT (National Company Law Appellate Tribunal) citing foul play from resolution professional, Assistant Editor Brajesh Kumar says in an exclusive report on Thursday.
Thu, Aug 26, 2021
The outperformance of PSBs has continued in the April - June quarter 2021 as well. Overall profits in this quarter have been at Rs 14,012 crore and operational profits, fee income as well as treasury income has continued to see robust growth.
Mon, Aug 16, 2021
Out of the 13 stocks on the Nifty PSU Bank index, 3 advanced around this time, 9 declined while 1 stock remain unchanged. The three stocks that were trading positively were Canara Bank, J&K Bank and Indian Bank. Meanwhile the top three losers were Maharashtra Bank, UCO Bank and Indian Overseas Bank (IOB)
Thu, Aug 12, 2021
All 13 stocks on the Nifty PSU Bank index were trading positively around this time. The Biggest gainer was Punjab & Sind Bank whose shares were up almost 4 per cent from the last closing price on Wednesday. The next top gainers were J&K Bank and Indian Overseas Bank (IOB)
Tue, Aug 10, 2021
The two gainers were Canara Bank and Punjab National Bank (PNB). The top three losers were Central Bank, Indian Bank and Indian Overseas Bank (IOB) on Tuesday around this time
Sun, Aug 01, 2021
Zee Business Managing Editor Anil Singhvi said that Friday was not without action. The Indian stock markets managed to open almost flat despite the weak cues from SGX Nifty. The markets picked up amid buying after a small correction at the time of opening. However, over the last half-an-hour, there was profit booking, the Market Guru said
Thu, Jul 29, 2021
Top Stock to Buy – SBI - Technical analyst Nilesh Jain says that State Bank of India share is index heavy weight and any material impact on the index and overall market will be from the movement of SBI shares. This stock is on its way to achieve the target price of Rs 450 on the positional term basis. The higher target is around Rs 500, he adds
Thu, Jul 22, 2021
SBI shares are Nifty PSU Bank index heavy weight and any material impact on the index and overall market will be from the movement of State Bank of India (SBI) shares. Buying opportunity for investors is on dips. Analust Nilesh Jain gives target prices of Rs 450 and Rs 500
Tue, Jul 20, 2021
Out of 13 stocks on Nifty PSU Bank, 2 advanced while 11 declined. The gainers were Indian Bank and J&K Bank while biggest loser was Indian Overseas Bank (IOB) which fell by almost 5.5% around this time followed by Central Bank which was down 4.8%. Among the PSU Bank heavyweights, SBI was down almost 2% around this time from the last closing
Thu, Jul 15, 2021
Out of the 13 stocks in the index, 4 advanced while 9 were on the decline. The biggest gainer was J&K Bank while the biggest loser was Maharashtra Bank. Among the PSU Bank heavyweights, SBI was marginally up around this time from the last closing. Punjab National Bank (PNB), Canara Bank, and Bank of Baroda (BoB) were trading with negative bias
Mon, Jul 12, 2021
Banking stocks were trading in the green on Monday. While the private Banks on Nifty Bank index were trading up, their state-run peers were also trading in a positive territory. At 12:25 pm, Nifty PSU Bank was trading at 2,489.15, up almost 0.8 per cent from the previous closing on Friday
Thu, Jul 08, 2021
PNB Housing Finance and its parent Punjab National Bank are on different pages when it comes to the housing finance company's proposed preferential issue worth Rs 4,000 crore to entities led by The Carlyle Group Inc.
Tue, Jun 22, 2021
Banking stocks were trading in the green. While the private Banks on the Nifty Bank index were trading up, their state-run peers were also trading in positive territory. At 11:50 am, Nifty PSU Bank was trading at 2,517.35, up almost 1.6 per cent from the previous closing on Monday
Tue, Jun 15, 2021
Internet banking fraud is one such fraud or theft committed using online technology to illegally remove money from a bank account and/or transfer money to an account in a different bank.
Mon, Jun 14, 2021
PNB Share price: PNB emerged stronger during the pandemic year FY21 compared to the previous financial year. The absolute GNPA declined 6% YoY to Rs 1 tn and absolute NNPA stood flat at Rs 385bn. Provision coverage for bad loans improved to 80.1%. Moreover, the NII/NIM drag down in 4QFY21 is insignificant due to the onetime impact of interest reversal from proform slippages
Thu, Jun 10, 2021
Nifty Realty and PSU Bank were the top gainers among sectoral indices on Thursday gaining by over 3.3% and 2.4% respectively. While Nifty Realty ended at 361, Nifty PSU Bank closed at 2,487.65
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