Headquartered in New Delhi, Punjab National Bank, abbreviated as PNB, is a state-owned commercial bank that commenced operations on April 12, 1985, from Lahore, Undivided India. It holds the distinction of being the first Swadeshi bank, managed by Indians and started with Indian capital. While the authorised capital was Rs 2,00,000, the working capital stood at Rs 20,000. PNB offers products in asset management, credit and debit card business, life and non-insurance business, amongst others. The bank also has overseas, international subsidiaries in Bhutan and the UK. In 1951, the bank acquired 39 branches of the Bharat bank. In its rich history, PNB has merged with/amalgamated 9 banks. Post the most recent amalgamation with Oriental Bank of Commerce and United Bank of India, which took place in 2020, PNB has expanded its presence across India. As of the end of September’ 2021, the bank has an aggregate of 36,514 delivery channels with a network of 10,528 domestic branches, 2 International branches, 13,506 ATMs More
Motilal Oswal is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 135 in its research report dated October 18, 2025.
Going forward, housing and vehicle loans will grow very fast, we expect these two segments to be outperformers in Q3. Overall, retail growth should see at least a 2 percent boost purely due to the GST cut, Chandra said.
Stocks to Watch, 20 October: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, UltraTech Cement, IndusInd Bank, Punjab National Bank, IDBI Bank, RBL Bank, Yes Bank, Federal Bank, Bank Of India, L&T Technology Services, Sobha, Dixon Technologies, Havells India, nad JSW Energy will be in focus on October 20.
Operating Profit for Q2FY26 increased to Rs 7,227 crore and to Rs 14,308 crore for HY1FY26 recording growth of 5.5 percent and 6.5 percent, respectively on YoY basis.
Stocks to Watch, 06 October: Stocks like HDFC Bank, Bajaj Finance, IndusInd Bank, Aditya Birla Lifestyle Brands, Lupin, Infosys, Ceigall India, Sobha, Kotak Mahindra Bank, Pace Digitek, Yes Bank, Ujjivan Small Finance Bank, and Canara Bank will be in focus on October 06.
Stocks to Watch, 01 September: Stocks like Torrent Power, NCC, PG Electroplast, BHEL, Popular Vehicles, EPACK Durable, Dharan Infra, Adani Power, Aurobindo Pharma, Classic Electrodes (India), Anondita Medicare, and Shivashrit Foods will be in focus on 01 September.
Overall, the bearish sentiment may prevail, and any bounce back may face selling pressure. Below are some short-term trading ideas to consider.
Motilal Oswal is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 130 in its research report dated July 30, 2025.
The upward journey amid rangebound trading is expected to continue if the market defends the previous day's low. Below are some short-term trading ideas to consider.
Shares of Punjab National Bank dropped over 1 percent on July 3 after its Q1FY26 business update failed to meet analysts' expectations. Brokerages including Citi and Morgan Stanley flagged muted loan growth and soft deposit momentum in the April–June quarter.
Stocks to Watch, 3 July: Stocks like Avenue Supermarts,Hindustan Zinc, FSN E-Commerce Ventures Nykaa, Punjab National Bank, Aurobindo Pharma, Le Lavoir, Motilal Oswal Financial Services, Nestle India, Max Financial Services, and Indogulf Cropsciences will be in focus on July 3.
Stocks to watch, 18 June: Stocks like Delhivery, SML Isuzu, Hindustan Zinc, Polycab India, RailTel Corporation of India, Zydus Wellness, Vishal Mega Mart, GMR Airports, BSE, Alembic Pharmaceuticals, and Sammaan Capital will be in focus on June 18.
Geojit Financial Services is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 126 in its research report dated June 04, 2025.
The market may turn positive amid rangebound trading. Below are some short-term trading ideas to consider.
Emkay Global Financial recommended buy rating on Punjab National Bank with a target price of Rs 125 in its research report dated May 08, 2025.
During the quarter, the bank's total income increased to Rs 36,705 crore from Rs 32,361 crore a year ago
During the post earnings call, Chandra also mentioned that the bank has received Rs 3,000 crore from the JSW Steel after the resolution.
Stocks to Watch, 11 Apr: Stocks like TARC, Bharti Hexacom, Infosys, Aurobindo Pharma, Bharat Heavy Electricals, Bank of India, Tata Steel, Sanofi India, Punjab National Bank, Axiscades Technologies, JSW Energy, Eternal, Federal Bank, Bajaj Healthcare, SRF, Samvardhana Motherson International, IIFL Finance, and Northern Arc Capital will be in focus on April 11.
Stocks to Watch, 3 Apr: Stocks like South Indian Bank, ESAF Small Finance Bank, Hindustan Zinc, Punjab & Sind Bank, Central Bank of India, Elpro International, Authum Investment & Infrastructure, Reliance Industries, Caplin Point Laboratories, Hindustan Copper, Fortis Healthcare, and Identixweb will be in focus on April 3.
Sharekhan is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 125 in its research report dated January 31, 2025.
Motilal Oswal is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 125 in its research report dated February 01, 2025.
Addressing concerns over the potential effects of the new draft guidelines, PNB CEO said there will be no major impact on the bank's operations.
The bank’s overall recovery for the year to date has reached Rs 11,552 crore, falling short of expectations due to delays in the resolution of stressed assets via the NCLT and the NARCL, says CEO Ashok Chandra
India, with a GDP of roughly $3.4 trillion, is currently the fifth largest economy in the world, after the US, China, Japan and Germany
Ashok Chandra, serves as an Executive Director of Canara Bank, has been appointed as PNB MD and CEO. Binod Kumar has been name the executive director for Punjab National Bank