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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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Wilful defaults by PNB's big borrowers rise further to Rs 15,200 cr by April-end

5.53 pm | 20 May 2018 |  Source: PTI

Big wilful defaulters are categorised by PNB as those borrowers with loan outstanding of Rs 25 lakh and over....

CBI likely to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi

2.37 pm | 20 May 2018 |  Source: PTI

Modi along with his wife Ami, a US citizen, brother Nishal a Belgian, and uncle Choksi, Gitanjali group's promoter, had fled the country before th...

Wilful defaults by PNB's big borrowers slip further to Rs 15,200 cr by April-end

11.36 am | 20 May 2018 |  Source: PTI

The bank which posted a record loss of more than Rs 13,400 crore for the last quarter of 2017-18 closed the fiscal with big wilful defaults of Rs 15,1...

COMMENT-Public sector bank results show reform is the only way forward

4.18 pm | 18 May 2018 |  Source: Moneycontrol.com

With most PSU banks having lost their relevance already, infusing precious taxpayers’ money into moribund entities may be a populist and not prudent...

PNB case: ED seizes Rs 85-cr worth jewellery of Choksi's firm brought from Dubai

10.05 pm | 17 May 2018 |  Source: PTI

It said the seizure of gold and silver jewellery was made on May 10 after the ED raided a strong-room belonging to Bharat Diamond Bourse....

PNB fraud: ED seizes Mehul Choksi firm's jewellery worth Rs 85 cr brought from Dubai

7.20 pm | 17 May 2018 |  Source: PTI

The Enforcement Directorate said it has seized over 34,000 pieces of jewellery worth Rs 85 crore from the Gitanjali Group, owned by diamantaire Mehul ...

Sebi warns PNB for late disclosures regarding Nirav Modi scam

2.47 pm | 17 May 2018 |  Source: PTI

The PNB was defrauded of over USD 2 billion allegedly by diamond trader Nirav Modii and his associates by fraudulent use of Letters of Undertakings (L...

After 55% plunge in 2018, PNB’s market cap falls below that of arm PNB Housing Finance

12.09 pm | 17 May 2018 |  Source: Moneycontrol.com

According to data available with BSE, PNB’s market cap fell to Rs 20,925.15 crore, less than PNB Housing Finance’s market cap of Rs 21,322.92 cror...

After PNB Q4 howler, global brokerages downgrade PNB; reduce target price up to Rs 70

9.29 am | 16 May 2018 |  Source: Moneycontrol.com

The company has reported a net loss of Rs 13,416.91 crore for the fourth quarter ending March 2018....

Trade Setup for Wednesday: Top 15 things to know before Opening Bell

7.35 am | 16 May 2018 |  Source: Moneycontrol.com

The Nifty closed at 10,801.90 on Tuesday. According to Pivot charts, key support level is placed at 10,745.74, followed by 10,689.67. If the index sta...

After Q4 results, PNB's NPAs are now more than its net worth

7.57 pm | 15 May 2018 |  Source: Moneycontrol.com

As on March 31, the bank had net non-performing loans totaling over Rs 48,000 crore on its books, against a net worth of around Rs 41,000 crore....

Infographic: PNB posts highest ever quarterly loss of Rs 13K crore for any Indian bank

5.04 pm | 15 May 2018 |  Source: Moneycontrol.com

While the latest result dominates the list of losses posted by banks, financial houses such as Canara Bank, Bank of India, Bank of Baroda and Allahaba...

Nirav Modi fraud costs PNB Rs 14,357 cr

5.01 pm | 15 May 2018 |  Source: PTI

Punjab National Bank said today that its total liability works out to Rs 14,356.84 crore on account of the fraud allegedly carried out by jewellery de...

Markets@Moneycontrol: Indices end flat after volatile day ahead of Karnataka poll verdict 

4.43 pm | 15 May 2018 |  Source: Moneycontrol.com

Nifty Midcap index was down 179 points. Punjab National Bank down 6 percent after Q4 earnings....

Public Sector Banks likely to submit report on potential wilful defaults above Rs 50 crore by May-end

3.40 pm | 15 May 2018 |  Source: Moneycontrol.com

The government had swung into action after the banking sector was hit by over the alleged Rs 13,000 crore fraud at Punjab National Bank...

PNB posts massive Rs 13,417 crore loss in Q4FY18

3.20 pm | 15 May 2018 |  Source: Moneycontrol.com

Provisions for the quarter trebled to Rs 16,202 crore, from Rs 5,753.3 crore in March quarter 2017....

Punjab National Bank likely to report loss of Rs 3,909 crore for Q4 FY18

8.11 am | 15 May 2018 |  Source: Moneycontrol.com

Punjab National Bank, which is at the centre of a near Rs 13,000 crore fraud involving jewellers Nirav Modi and Mehul Choksi, is set to report a loss ...

PNB-Nirav Modi fraud case: Who is Usha Ananthasubramanian?

8.12 pm | 14 May 2018 |  Source: Moneycontrol.com

Set for superannuation on September 30, 2018, the former PNB chief CEO and managing director currently heading Allahabad Bank, will soon be on her way...

PNB fraud case: Govt asks boards of PNB & Allahabad Bank to take action against officials named in CBI chargesheet

4.12 pm | 14 May 2018 |  Source: Moneycontrol.com

CBI has filed a chargesheet against former PNB managing director and CEO Usha Ananthasubramanian in relation to the transactions done by the bank with...

CBI files charge sheet in Nirav Modi case, names PNB ex chief, senior officials

1.59 pm | 14 May 2018 |  Source: Moneycontrol.com

Ananthasubramanian was the MD and CEO of PNB from 2015 to 2017 and was questioned recently by the CBI in connection with the case....

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