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One arrested for looting cash from ATM

Last Updated: Tuesday, July 02, 2013, 00:17

A man was arrested after he tried to escape with cash looted from an ATM in Mandwali here, police said on Monday.

Fraudulent money transfer: HC asks PNB to deposit Rs 45 lakh

Last Updated: Sunday, June 23, 2013, 19:45

The Delhi High Court has asked a nationalised bank to deposit with it Rs 45 lakh, awarded as damage in an illegal fund transfer case, till the final disposal of its appeal.

Rs five lakh looted from bank in Bihar

Last Updated: Tuesday, May 21, 2013, 18:21

Armed criminals looted Rupees five lakh from the branch of Punjab National Bank in Gopalpur village in Bihar`s Lakhisarai district on Tuesday, police said.

Punjab National Bank Q4 net profit down over 20% to Rs 1,130.8 cr

Last Updated: Thursday, May 09, 2013, 12:34

Punjab National Bank (PNB) Thursday reported a decline of 20.5 percent in its net profit for the last quarter ended March 31, 2013 at Rs 1,131 crore on account of higher provisioning towards bad loans.

Nearly Rs 5 lakh stolen from bank ATM

Last Updated: Thursday, March 21, 2013, 16:30

An ATM of Punjab National Bank near Coleroon Toll gate was found smashed open and cash up to Rs five lakh stolen from it, a senior bank official said.

Govt infuses Rs 1,248 cr in PNB, BoI gets Rs 809 cr

Last Updated: Wednesday, March 06, 2013, 21:30

Two state owned lender Punjab National Bank (PNB) and Bank of India (BoI) Wednesday said they have received capital infusion of over Rs 2,050 crore, following the allotment of preferential shares to the government.

PNB raises fixed deposits rates by up to 1.25%

Last Updated: Friday, March 01, 2013, 14:11

State-owned Punjab National Bank on Friday raised interest rates on fixed deposits of select maturities by up to 1.25 percent.

Union Bank, PNB cut base rates by 0.25%; OBC ups deposit rates

Last Updated: Thursday, January 31, 2013, 22:12

Making home and auto loans cheaper, Punjab National Bank and Union Bank of India Thursday cut their minimum rates of lending or the base rates by 0.25 percent each to 10.25 percent, following the Reserve Bank cutting its key rates two days ago.

PNB soars over 10%, m-cap jumps Rs 2,653 cr after Q3 results

Last Updated: Thursday, January 31, 2013, 21:20

Shares of Punjab National Bank (PNB) Thursday spurted by over 10 percent after the company reported 13.5 percent growth in net profit for the third quarter ended December 31, 2012 on account of lower provisions and higher cash recovery.

PNB Q3 net rises 14% to Rs 1,306 cr; cuts lending rate by 0.25%

Last Updated: Thursday, January 31, 2013, 13:21

Punjab National Bank on Thursday reported a 13.53 percent rise in net profit during the third quarter ended December 31, 2012 at Rs 1,305.62 crore.

Punjab National Bank cuts lending rate by 0.25%

Last Updated: Thursday, January 31, 2013, 12:33

Country's second largest lender Punjab National Bank (PNB) on Thursday cut its lending rate by 0.25 percent, a development which will make auto, home and corporate loans cheaper.

'Indian banks may face hurdles to raise funds under Basel III'

Last Updated: Monday, January 21, 2013, 22:33

"We expect banks in high-growth systems such as India and China to face challenges in maintaining or raising capital ratios to keep pace with growth in risk assets," S&P said in report.