PNB

Cash comes at a cost, nation moving towards digital economy: Finance Minister

Banking is the life line of the economy and it will gain further importance in the coming days, he said.

Nov 06, 2017, 19:11 PM IST
India after demonetisation: Over 350 ATMs shut in three months

India after demonetisation: Over 350 ATMs shut in three months

It has led the lenders to believe that they can function with a lesser number of kiosks.

 

Oct 29, 2017, 09:20 AM IST
PNB puts 32 NPAs with outstanding loan of Rs 1,176 crore on block

PNB puts 32 NPAs with outstanding loan of Rs 1,176 crore on block

Assets owned by accounts would be e-auctioned on November 8, the notice said, adding auction would be conducted by Delhi zonal office.

Oct 08, 2017, 14:06 PM IST

PNB to raise up to Rs 11,000 crore via various securities

The Board of Directors accorded approval for raising common equity tier capital up to Rs 5,000 crore as per Basel III requirements.

Sep 27, 2017, 23:43 PM IST
It may take ATMs three months to dispense Rs 200 notes!

It may take ATMs three months to dispense Rs 200 notes!

While the RBI launched the 200-rupee note a week ago, it may take up to three months for ATMs to start dispensing the new denomination currency as it will involve a huge exercise of recalibration.

Sep 04, 2017, 09:51 AM IST
It may take ATMs three months to dispense Rs 200 notes

It may take ATMs three months to dispense Rs 200 notes

Reserve Bank of India (RBI) did issue a statement saying that the supply of the new Rs 200 notes would soon be ramped up, but has not given any time-frame by which it will be available in adequate numbers.

Sep 03, 2017, 13:33 PM IST

ICICI Bank cut interest rate on savings account by 0.5%

The interest rate on savings bank accounts with deposits of Rs 50 lakh and above remains unchanged at 4 percent, the bank said in a regulatory filing.

Aug 18, 2017, 23:59 PM IST
12 PSU banks firming plans to raise funds from markets

12 PSU banks firming plans to raise funds from markets

Board of PNB has given its approval for raising equity capital to the tune of Rs 3,000 crore through FPO, QIP or rights issue.

Aug 06, 2017, 16:53 PM IST
Bank, realty, auto stocks extend fall; plunge up to 9%

Bank, realty, auto stocks extend fall; plunge up to 9%

The BSE bank index fell by 1.66 percent to end at 27,885.86.

Aug 03, 2017, 17:34 PM IST
PNB Q1 net profit goes up 12% to Rs 343 crore, NPAs decline

PNB Q1 net profit goes up 12% to Rs 343 crore, NPAs decline

The bank had posted a net profit of Rs 306.36 crore during the corresponding quarter of the previous fiscal.

Aug 02, 2017, 12:49 PM IST
PNB plans to raise up to Rs 3,000 crore via rights issue, FPO

PNB plans to raise up to Rs 3,000 crore via rights issue, FPO

The board will also decide on a date for extraordinary general meeting for obtaining shareholders' approval for the fund raising plan, it added.

Jul 27, 2017, 16:54 PM IST
PNB to block all Maestro debit cards from July 31

PNB to block all Maestro debit cards from July 31

Punjab National Bank (PNB) Maestro debit cards holders will face a card blockage if they fail to replace it with a more secure EMV chip based card by the end of this month.

Jul 02, 2017, 13:02 PM IST

Names of PNB, Bank of Baroda, Canara Bank to be changed after merger

Names of Punjab National Bank (PNB), Canara Bank and Bank of Baroda will be changed after merger according to the sectors. Watch full video to know top 10 business news of the day.

Jun 17, 2017, 12:10 PM IST
PNB revises down lending rate by 0.10-0.15%

PNB revises down lending rate by 0.10-0.15%

Public lender Punjab National Bank has revised down marginal cost based lending rates by 0.10- 0.15 per cent for various maturities effective Monday.

May 01, 2017, 16:43 PM IST
PNB revises down MCLR by 0.10-0.15% from today

PNB revises down MCLR by 0.10-0.15% from today

Public lender Punjab National Bank has revised down marginal cost based lending rates by 0.10- 0.15 per cent for various maturities effective Monday.

May 01, 2017, 16:42 PM IST
PNB Q3 net profit jumps over 4-fold to Rs 207 crore

PNB Q3 net profit jumps over 4-fold to Rs 207 crore

Punjab National Bank (PNB) on Tuesday reported over four-fold jump in net profit to Rs 207.18 crore for the third quarter ended December 31, 2016-17, on account of lower provisioning.

Feb 07, 2017, 13:07 PM IST
Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

ICICI Bank on Monday reduced benchmark lending rate by 0.7 percent across various maturities.

Jan 02, 2017, 19:04 PM IST
Lending rate cuts to boost economy, push consumption: Industry

Lending rate cuts to boost economy, push consumption: Industry

With lenders such as SBI, PNB, Union Bank of India and IDBI slashing benchmark lending rate, India Inc on Monday said the move will act as a "booster dose" for the economy and propel consumption as lending may pick up significantly.

Jan 02, 2017, 16:10 PM IST
Home, auto, personal loans get cheapest in 6 years as banks slash lending rate

Home, auto, personal loans get cheapest in 6 years as banks slash lending rate

Improvement in funds flow after demonetisation, major public sector banks in the country have set off a regime of low interest rates on consumer loans like home and auto loans.

Jan 02, 2017, 12:01 PM IST
PNB reduces MCLR by 70 bps with effect from Jan 1

PNB reduces MCLR by 70 bps with effect from Jan 1

After SBI, Punjab National Bank (PNB) has slashed its overnight Marginal cost of funds based lending rate (MCLR) by 70 bps to 8.20 per cent. 

Jan 01, 2017, 21:01 PM IST