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PNB sells its stake in India Factoring for Rs 108 cr

PNB sells its stake in India Factoring for Rs 108 cr

Last Updated: Friday, April 18, 2014, 22:32

The company started its business in October 2010 with Rs 100 crore initial capital.

PNB opens 120 branches on 120th Foundation Day

Last Updated: Sunday, April 13, 2014, 15:03

The bank started its operation on April 12, 1895, in Lahore, now in Pakistan.

PNB raises Rs 500 crore through bonds

Last Updated: Thursday, April 03, 2014, 17:50

Last month also the bank raised Rs 500 crore from bonds.

Kamath leads race to succeed Chakrabarty as RBI DG

Last Updated: Sunday, March 30, 2014, 11:28

Raghuram Rajan headed search panel has zeroed in on a successor to RBI Deputy Governor K C Chakrabarty and PNB Chairman K R Kamath is believed to be top in the reckoning.

PNB may raise capital from rights issue next fiscal

Last Updated: Sunday, March 23, 2014, 19:22

State-owned Punjab National Bank (PNB) may raise capital through rights issue next fiscal to enhance its capital base.

PNB Q4 net profit down 42% at Rs 755.41 cr

Last Updated: Friday, January 31, 2014, 13:06

The Punjab National Bank Friday reported a 42.14 percent decline in net profit at Rs 755.41 crore for the quarter ended December 31, 2013.

ATM stolen with Rs 14 lakh found, but cash missing

Last Updated: Thursday, January 09, 2014, 21:10

ATM of Punjab National Bank, stolen along with Rs 14 lakh from Sherpur village in Alwar district, was found in well at Pali village following interrogation of an accused detained here, police said.

ATM machine with Rs 4 lakh cash stolen

Last Updated: Friday, December 27, 2013, 18:37

An ATM machine of the Punjab National Bank containing Rs 4 lakh was stolen from Nanak Nagar area, police said.

PNB launches online facility for payment of property tax

Last Updated: Saturday, December 21, 2013, 10:04

The main highlight of this system will be that it will automatically calculate property tax payable on simply entering property details.

SBI cautiously welcomes RBI move on 'too big to fail' banks

Last Updated: Thursday, December 05, 2013, 17:51

Country's largest bank SBI Thursday cautiously welcomed the proposed steps by RBI for banks regarded as too big to fail.

PNB shares down over 4% on disappointing Q2 nos

Last Updated: Friday, November 08, 2013, 20:44

At the NSE, the scrip settled at Rs 521, down 4.5 percent.

PNB Q2 profit plunges 53% on higher provisioning

Last Updated: Friday, November 08, 2013, 13:49

The country's second largest public sector bank by assets had reported a net profit of Rs 1,065.58 crore in the July- September quarter of 2012-13.