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
The gap in performance between these three private banks and their peers' points to the factors driving their relative underperformance
Stocks to Watch, 6 Apr: Stocks like HDFC Bank, Bajaj Finance, Axis Bank, Ujjivan Small Finance Bank, IndusInd Bank, Senco Gold, Dabur India, Sobha, Avenue Supermarts, Metropolis Healthcare, Tata Motors Passenger Vehicles, Bajaj Auto, MOIL, LG Electronics India, Emami, and Granules India will be in focus on April 6.
Data analysed from bank’s financial statements from Q4FY20 to the third quarter of FY26 show that NIMs have largely shrunk by an average of 154 basis points (bps) in the current round of rate cuts, as compared to a reduction of 40 bps, on an average, in the previous cycle.
We are aiming the 60:40 ratio in FY26-27. Most likely, this will materialise by Q3 or Q4 of that year, as building a high-quality RAM book takes time, Chandra tells Moneycontrol in an interview
Motilal Oswal is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 145 in its research report dated January 19, 2026.
Consolidation with rangebound trading may continue for a few more sessions. Below are some short-term trading ideas to consider.
Both private banks and PSU banks are clearly outperforming the benchmark, as reflected by fresh breakouts and rising ratio line on their respective ratio charts versus the Nifty, indicating sustained relative strength, said Sudeep Shah.
The market may remain range-bound until it decisively breaks the current week’s high–low range. Below are some short-term trading ideas to consider.
Stocks to Watch, 5 January: Stocks like Corona Remedies, Equitas Small Finance Bank, Bank Of Baroda, Bandhan Bank, Bajaj Finance, Sobha, Ujjivan Small Finance Bank, IDBI Bank, Mahindra & Mahindra Financial Services, Hindustan Zinc, and Union Bank Of India will be in focus on January 5.
The bank has reported a case of borrowing fraud to the RBI against the erstwhile promoters of SEFL and SIFL, amounting to Rs 1,240.94 crore and Rs 1,193.06 crore, respectively
Stocks to Watch, 29 December: Stocks like Coforge, Sigachi Industries, Viceroy Hotels, Lloyds Enterprises, Vedanta, Suzlon Energy, Akums Drugs and Pharmaceuticals, Diamond Power Infrastructure, Avantel, Solarworld Energy Solutions, Punjab National Bank, and Timex Group India will be in focus on December 29.
PNB News: The Reserve Bank of India, in October 2021, superseded the boards of SIFL and its wholly-owned subsidiary SEFL
The rate cut and upward revision in economic growth forecast was on expected lines given the fall in CPI inflation and sharp growth in economic numbers in September 2025 quarter.
The consolidation amid range-bound trading may continue in the upcoming sessions due to a lack of triggers. 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 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.