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SBI vs PNB vs Central Bank: 1-year FD; What will be the maturity amount on Rs 7 lakh investment for general and senior citizens

SBI vs PNB vs Central Bank: 1-year FD; What will be the maturity amount on Rs 7 lakh investment for general and senior citizens

Wed, Nov 06, 2024

Compare 1 year fixed deposit (FD) of State Bank of India (SBI), Punjab National Bank (PNB), and Central Bank to find out what will be the maturity amount on Rs 7 lakh investment for general and senior citizens.

Best 3-year FD for senior citizens: SBI vs PNB vs HDFC Bank; which FD will give highest return on Rs 5 lakh investment

Best 3-year FD for senior citizens: SBI vs PNB vs HDFC Bank; which FD will give highest return on Rs 5 lakh investment

Thu, Oct 31, 2024

Senior Citizen FD is a term deposit plan for individuals aged 60 and above. Here, we will compare the fixed deposits (FD) of 3 banks: State Bank of India (SBI), Punjab National Bank (PNB), and HDFC Bank to find out which FD will give the highest return to senior citizens on a Rs 5 lakh investment in the respective 3-year FDs.

HDFC Standard Life buys PNB Housing Finance shares worth Rs 90 crore

HDFC Standard Life buys PNB Housing Finance shares worth Rs 90 crore

Tue, Oct 29, 2024

According to the block deal data available on the BSE, HDFC Standard Life Insurance Company Ltd purchased a little over 10 lakh shares or 0.4 per cent stake in PNB Housing Finance.

TRENDING NOW

PNB cautions other banks about modus operandi of fraud

PNB cautions other banks about modus operandi of fraud

Thu, Feb 15, 2018

Hit by a Rs 11,400 crore fraud, state-owned Punjab National Bank (PNB) has cautioned other banks about the modus operandi of the scam.

Rs 3,800 crore gone in a day! PNB shaves off entire post-recap stock gains

Rs 3,800 crore gone in a day! PNB shaves off entire post-recap stock gains

Wed, Feb 14, 2018

Shares of Punjab National Bank (PNB) tanked 10 per cent on Wednesday soon after the public sector lender informed bourses about a financial fraud of over Rs 11,000 crore at one of its Mumbai branches. With this huge sell-off, Rs 3800 crore worth of investor wealth has gone in a day.

Sensex falls 145 points, PNB down 10%

Sensex falls 145 points, PNB down 10%

Wed, Feb 14, 2018

The market opened at 34,436.98 points against the previous day's close of 34,300.47 and hit the high of 34,473.43

Fraudulent transactions in PNB? Stock sees a sudden 7% drop

Fraudulent transactions in PNB? Stock sees a sudden 7% drop

Wed, Feb 14, 2018

Shares of PNB tanked over 7 per cent on Wednesday after the public sector lender informed bources that it had detected some "fraudulent and unauthorised" transactions worth about $1.77 billion at one of its branches in Mumbai.

Punjab National Bank detects $1.77 billion worth of fraudulent transactions

Punjab National Bank detects $1.77 billion worth of fraudulent transactions

Wed, Feb 14, 2018

State-run Punjab National Bank (PNB) said on Wednesday it had detected some "fraudulent and unauthorised" transactions worth about $1.77 billion at one of its branches in Mumbai.

FAST MONEY: SBI, Lupin among top 10 buy and sell ideas for Monday's trade

FAST MONEY: SBI, Lupin among top 10 buy and sell ideas for Monday's trade

Mon, Feb 12, 2018

The domestic market are expected to open higher on Monday, tracking Asian markets, which found a semblance of calm as S&P futures extended their bounce, though bond investors were still fretting about the risks from looming US inflation data.

PNB's Q3FY18 PAT rises by 11% yoy; capital infusion of Rs 5,473 crore approved

PNB's Q3FY18 PAT rises by 11% yoy; capital infusion of Rs 5,473 crore approved

Tue, Feb 06, 2018

PNB registered a net profit of Rs 230.11 crore in Q3FY18- rising by 11.06% compared to Rs 207.18 crore in the corresponding period of the previous year.

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

Wed, Jan 24, 2018

The company is likely to sign-up more loan agreements to pay Rs 36,915 crore to the government before the month-end.

PNB hikes interest on term deposits by up to 1.25%

PNB hikes interest on term deposits by up to 1.25%

Sun, Dec 31, 2017

Public sector Punjab National Bank today announced raising interest rates by up to 1.25 per cent on domestic term deposits of up to Rs 10 crore for different tenures, effective January 1, 2018.

Punjab National Bank may shutdown 300 loss-making branches

Punjab National Bank may shutdown 300 loss-making branches

Wed, Nov 08, 2017

PNB saw just 2.2% increase in its net profit to Rs 561 crore in Q2FY18 compared to net profit of Rs 549 crore in the same period of the previous year.

Indian banking shares surge on govt's PSB recapitalisation plan

Indian banking shares surge on govt's PSB recapitalisation plan

Wed, Oct 25, 2017

SBI shares rose more than 20%, while PNB shares surged more than 33%.

Banks planning to sell 51 per cent stake in JITPL

Banks planning to sell 51 per cent stake in JITPL

Sun, Sep 17, 2017

This segment of Zee business brings you latest updates on loan defaulter company Jindal Indian Thermal Power Plant Ltd. PNB is planning to sell 51 per cent stake to recover its money. Watch this clip to know more About Zee Business --------------------------

Defaulters owe 27% of total amount to SBI alone, PNB next

Defaulters owe 27% of total amount to SBI alone, PNB next

Sun, Aug 20, 2017

The total outstanding loans by wilful defaulters rose to Rs 92,376 crore at the end of financial year 2016-17, from Rs 76,685 crore at the end of last fiscal 2015-16 -- up 20.4%.

Punjab National Bank's Q1 net at Rs 343 crore; provisions decline

Punjab National Bank's Q1 net at Rs 343 crore; provisions decline

Wed, Aug 02, 2017

PNB witnessed net profit of Rs 343.40 crore, a rise of 12.09% compared to net profit of Rs 306.36 crore in the corresponding period of the previous year.

PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India

PSU Banks Rejig: Govt appoints heads of 7 banks; shifts MDs of Punjab National Bank, Bank of India

Sat, May 06, 2017

In a major restructuring of PSU banks, the government on Saturday has appointed heads of seven public sector unit (PSU) banks and carried out rejigs at Punjab National Bank (PNB) and Bank of India (BOI).

Finance Ministry clears 29 investment proposals worth Rs 2.11 lakh crore

Finance Ministry clears 29 investment proposals worth Rs 2.11 lakh crore

Wed, Jan 04, 2017

Expenditure Finance Commission (EFC) under the Ministry of Finance cleared 29 proposals of various ministries involving expenditure of about Rs 2.11 lakh crore during the last year.

Banking stocks crash on RBI's cash control measures

Banking stocks crash on RBI's cash control measures

Mon, Nov 28, 2016

On November 29, RBI stated that it plans to occupy the excess liquidity in the Indian banks by applying an incremental cash reserve ratio (CRR) as a purely temporary measure. At present, the CRR remains unchanged at 4%.

Stocks to watch today: Reliance, L&T, PNB Housing

Stocks to watch today: Reliance, L&T, PNB Housing

Mon, Nov 07, 2016

BSE Sensex closed at 27,274.15 points, down 0.57% on Friday November 4, 2016. While NSE Nifty lost 0.60% on the same day and closed at 8,433.75 points.

PNB Housing Finance raises Rs 894.1 crore via anchor investors

PNB Housing Finance raises Rs 894.1 crore via anchor investors

Tue, Oct 25, 2016

Some of the leading anchor investors in the IPO are: General Atlantic Singapore Fund FII Pte Ltd (5.22%), SBI Life Insurance Company (2.60%), Chennai 2007, HDFC Small and Midcap Fund and HDFC Trustee Company with 1.87%, 0.45% and 4.02%, respectively.

PNB Housing Finance sets IPO price band between Rs 750-775 per share

PNB Housing Finance sets IPO price band between Rs 750-775 per share

Tue, Oct 18, 2016

PNB Housing, owned by Punjab National Bank and private equity firm Carlyle Group LP , is looking to sell between 38.7 million and 40 million new shares in an indicative range of 750-775 rupees, added IFR, a Thomson Reuters publication. That would put the IPO at up to 30 billion rupees ($450 million).

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