SENSEX NIFTY
Jan 31, 2013, 12.49 PM IST | Source: Reuters

Punjab National Bank cuts base rate by 25 basis points

State-run lender Punjab National Bank on Thursday said it would cut its base rate by 25 basis points to 10.25 percent from February 9.

Punjab National Bank cuts base rate by 25 basis points

State-run lender Punjab National Bank on Thursday said it would cut its base rate by 25 basis points to 10.25 percent from February 9.

Earlier this week, the Reserve Bank of India cut the repo rate by 25 basis points to help support an economy set to post its slowest annual growth rate in a decade.

On Wednesday, the State Bank of India cut its base rate by 5 basis points.

Ahead of industry in realising bad assets: SBI

PNB stock price

On November 21, 2014, Punjab National Bank closed at Rs 977.85, up Rs 27.45, or 2.89 percent. The 52-week high of the share was Rs 1068.00 and the 52-week low was Rs 509.00.


The company's trailing 12-month (TTM) EPS was at Rs 97.83 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 10. The latest book value of the company is Rs 991.39 per share. At current value, the price-to-book value of the company is 0.99.

Set email alert for
PNB SBI

ADS BY GOOGLE

video of the day

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.