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Punjab National Bank

BSE: 532461|NSE: PNB|ISIN: INE160A01022|SECTOR: Banks - Public Sector
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News on Punjab National Bank
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PNB, Union Bank raise Rs 7,000 cr via QIP

10.01 pm | 14 Dec 2017 |  Source: PTI

The amount raised will augment the capital adequacy and help in the business expansion of the banks....

Sell PNB; buy Parag Milk, Prabhat Dairy, Hexaware: Sudarshan Sukhani 

12.29 pm | 13 Dec 2017 |  Source: CNBC-TV18

According to Sudarshan Sukhani of s2analytics.com, one may buy Parag Milk, Prabhat Dairy and Hexaware....

Punjab National Bank raises Rs 5,000 cr via QIP

8.20 am | 13 Dec 2017 |  Source: PTI

The bank had floated offer for raising Rs 3,000 crore with green shoe option of Rs 2,000 crore, which were fully subscribed, sources said....

News Highlights of the Day: Bankers decide to refer 22-23 large NPA accounts to NCLT

7.32 am | 13 Dec 2017 |  Source: Moneycontrol.com

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political de...

Punjab National Bank to raise up to Rs 5,000 cr via QIP 

8.16 am | 12 Dec 2017 |  Source: PTI

The committee of directors for capital mop-up at a meeting approved opening of the QIP, Punjab National Bank (PNB) said in a regulatory filing on stoc...

News Highlights: Ruias clear Rs 891 crore additional payout to Essar Oil shareholders

7.19 am | 12 Dec 2017 |  Source: Moneycontrol.com

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political de...

PNB raises Rs1,315cr through stake sale in PNB Housing Finance

2.10 pm | 05 Dec 2017 |  Source: PTI

"The Bank successfully sold 98,15,860 equity shares of PNBHFL to different investors (non-retail and retail) at above the floor price/cut off price, w...

News Highlights of the Day: Chinese lenders may pursue RCom in insolvency court

6.58 am | 05 Dec 2017 |  Source: Moneycontrol.com

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political de...

PNB gets shareholders' nod for raising Rs 5,000 cr from market

4.05 pm | 04 Dec 2017 |  Source: PTI

The extra-ordinary general meeting (EGM) of shareholders of the bank was held today, PNB said in a regulatory filing to the stock exchanges....

Hold Punjab National Bank: Prakash Gaba 

3.05 pm | 01 Dec 2017 |  Source: CNBC-TV18

According to Prakash Gaba of prakashgaba.com, one may hold Punjab National Bank....

PNB raises bulk deposit rate by 0.5%

7.03 pm | 30 Nov 2017 |  Source: PTI

The rate hike comes days ahead of RBI's fifth bi-monthly policy on December 6....

PNB to offload 6% in PNB Housing Finance to raise Rs 1,324 crore

8.35 pm | 27 Nov 2017 |  Source: PTI

Earlier this month, PNB Managing Director and Chief Executive Officer Sunil Mehta said the bank has a headroom to sell up to 9 percent stake in the su...

Bad loan sales to ARCs must be in 100% cash & interim funds can be provided: Arcil chief

6.00 pm | 21 Nov 2017 |  Source: Moneycontrol.com

In an exclusive interview with Moneycontrol's Beena Parmar, Bahuguna believes there should be a greater scope for new investors to enter and provi...

PNB, Action Construction Equipment tie up for farm machinery financing

7.50 pm | 18 Nov 2017 |  Source: PTI

Public sector lender Punjab National Bank and Action Construction Equipment Ltd (ACE) have tied up for financing of farm machinery through the bank...

News highlights of the day: Honda recalling 900,000 minivans because seats may tip forward

9.23 am | 18 Nov 2017 |  Source: Moneycontrol.com

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political de...

Bank stocks surge up to 6% as Moody's ups India rating

1.54 pm | 17 Nov 2017 |  Source: PTI

Shares of PNB surged 6 per cent, Bank of Baroda soared 5.17 per cent, Yes Bank gained 4.16 per cent, SBI (3.91 per cent) and ICICI Bank (3.55 per cent...

Buy Punjab National Bank; target of Rs 250: Motilal Oswal

3.51 pm | 14 Nov 2017 |  Source: Moneycontrol.com

Motilal Oswal is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 250 in its research report dated No...

Punjab National Bank to close down or shift up to 300 loss-making branches in a year

12.33 pm | 08 Nov 2017 |  Source: Moneycontrol.com

PNB added 9 branches from April to June period but in the second quarter, it had closed down a total of six branches taking the network tally to 6,940...

PNB Chief expects 5 NPA accounts from first RBI list to find resolution

5.31 pm | 07 Nov 2017 |  Source: Moneycontrol.com

From the second list, not more than 30 percent of NPAs will be resolved, says Sunil Mehta....

Buy Punjab National Bank; target of Rs 256: Edelweiss

4.56 pm | 06 Nov 2017 |  Source: Moneycontrol.com

Edelweiss is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 256 in its research report dated Novemb...

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