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Punjab National Bank

PNB shares gain as net profit jumps 145%: Buy, sell or hold? Here's what brokerages suggest

PNB shares gain as net profit jumps 145%: Buy, sell or hold? Here's what brokerages suggest

Tue, Oct 29, 2024

PSU Bank Stock in Focus: The shares of PNB gained even as Sensex declined 322.24 points to 79,682.80 in early trade and Nifty was down 86.55 points to 24,252.60.

SBI 5-year FD vs PNB 5-year FD: What will general and senior citizens get on Rs 8 lakh investment?

SBI 5-year FD vs PNB 5-year FD: What will general and senior citizens get on Rs 8 lakh investment?

Mon, Oct 28, 2024

Check out the maturity corpus on a 5-year FD with the State Bank of India (SBI) and Punjab National Bank (PNB) for general and senior citizens on Rs 8 lakh investment.

Punjab National Bank reports 13% loan growth in second quarter

Punjab National Bank reports 13% loan growth in second quarter

Thu, Oct 03, 2024

PNB reported an 11.41 per cent increase in total deposits to Rs 14.59 lakh crore as against Rs 13.09 lakh crore at the end of the second quarter of the previous financial year.

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FinMin expects 6 banks to raise funds via FPO as market improves

FinMin expects 6 banks to raise funds via FPO as market improves

Sun, Apr 16, 2017

In the Budget 2017-18 speech on February 1, Finance Minister Arun Jaitley announced capital infusion of Rs 10,000 crore for the current fiscal.

Is farm loan waiver in Uttar Pradesh the right thing to do?

Is farm loan waiver in Uttar Pradesh the right thing to do?

Fri, Apr 07, 2017

Fulfilling the promise, Chief Minister Adityanath has announced farm loan waiver of Rs 36,359 crore to 2.5 crore small and marginal farmers having loans of up to Rs 1 lakh.

CBI files Rs 1,530 crore cheating case against jewellery firms

CBI files Rs 1,530 crore cheating case against jewellery firms

Wed, Apr 05, 2017

CBI alleged in its FIR that gold was imported and then re-exported to the 13 United Arab Emirates-based companies.

Punjab National Bank posts 306% rise in Q3 net profit; bad loans up marginally

Punjab National Bank posts 306% rise in Q3 net profit; bad loans up marginally

Tue, Feb 07, 2017

The total income increased to Rs 14497.6 crore in Q3FY17 from Rs 13891.2 crore in Q3FY16.

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days

Mon, Jan 09, 2017

The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.

Loan growth may take-off as India moves towards digital money

Loan growth may take-off as India moves towards digital money

Wed, Dec 14, 2016

Rajat Gandhi said“We are positive that the recent boost to non-cash payments will increase digitisation in every area of financial services including lending. With proper awareness and regulations, the sector can see an exponential growth in coming years and reduce a lot of burden from the banking sector too.”

28 Days of Demonetisation: No let-up in rush at banks, ATMs

28 Days of Demonetisation: No let-up in rush at banks, ATMs

Wed, Dec 07, 2016

People queuing up outside the banks and ATM kiosks continued to be a common sight in most parts of the national capital on Tuesday -- 28th day since the high-denomination notes were demonetised.

16 of 22 public sector banks skip dividend in FY16 on mounting bad loans

16 of 22 public sector banks skip dividend in FY16 on mounting bad loans

Sun, Nov 20, 2016

The highest dividend was paid by SBI to government at Rs 1,214.6 crore during 2015-16, 22% lower than the previous fiscal.

Top 20 bad loans account for Rs 1.5 lakh crore, reveals FM Arun Jaitley

Top 20 bad loans account for Rs 1.5 lakh crore, reveals FM Arun Jaitley

Fri, Nov 18, 2016

The sector with the lowest NPAs was Paper and Paper Products with Rs 4,982 crore till June.

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).

ADB to give India Rs 3,300 crore loan to install solar rooftop systems

ADB to give India Rs 3,300 crore loan to install solar rooftop systems

Tue, Oct 04, 2016

Under the 2015 Paris climate agreement, India has targeted to lower its carbon emissions by 33% from the 2005 levels.

UTI AMC may become 1st mutual fund company to enter stock market

UTI AMC may become 1st mutual fund company to enter stock market

Mon, Sep 05, 2016

This IPO may allow a partial exit of the four sponsors in equal proportions.

HDFC Bank cuts two-year MCLR rate to 9.20% effective June 7

HDFC Bank cuts two-year MCLR rate to 9.20% effective June 7

Thu, Jun 09, 2016

At the same time, the bank has also reduced Marginal Cost of Funds-based Lending Rate (MCLR) for one-month tenure to 9.95% from 9%.

Here are 50 financial institutions that want to partner with India Post payments bank

Here are 50 financial institutions that want to partner with India Post payments bank

Wed, Jun 01, 2016

India Post has plans to set up 650 branches of postal payments bank in one year.

Vijay Mallya must pay Rs 800 crore to settle dues: PNB chief

Vijay Mallya must pay Rs 800 crore to settle dues: PNB chief

Wed, May 18, 2016

As of December, PNB has a list of about 900 wilful defaulters who together owe close to Rs 11,000 crore to the lender.

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