Punjab National Bank
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PNB Housing Finance IPO subscribed 9% on day one till 3.30 PM; should you invest?
PNB Housing Finance (PNBHF) IPO was subscribed by 9 per cent on the first day of offer till 3.30 PM.
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PNB shares gain as its housing finance arm gets Sebi approval to raise Rs 2,500 crore through IPO
For the quarter ended June 30, 2016, Punjab National Bank reported 57.49 per cent drop in net profit at Rs 306.36 crore against Rs 720.71 crore in the corresponding quarter a year ago.
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Punjab National Bank plunges over 4% post Q1 results, brokerages divided; Religare quotes target price at Rs 70
Brokerage are divided on Punjab National Bank shares after the public sector bank reported 57.49 per cent fall in net profit at Rs 306.36 crore for the quarter ended June 30, 2016 against Rs 720.71 crore in the corresponding quarter a year ago.
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RBI slaps Rs 27 crore penalty on 13 banks including PNB and HDFC Bank for FEMA violations
In a major crackdown for FEMA violations and KYC lapses, the RBI has imposed Rs 27-crore penalty on 13 public and private sector banks, including PNB and HDFC Bank, while asking eight others including SBI and ICICI Bank to ensure strict compliance with guidelines.
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Punjab National Bank shares gain after subsidiary files draft papers for Rs 2,500-cr IPO
Punjab National Bank (PNB) shares soared as much as 4.47 per cent in morning trade on Thursday after PNB Housing Finance on Tuesday approached Sebi for an initial public offer worth up to Rs 2,500 crore.
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NPA conundrum: Huge losses in banks like PNB and BoI; show PSBs on verge of crisis
Punjab National Bank has reported the highest quarterly loss in the banking history—of R5,300 crore for the quarter ended March. Bank of India (BoI), the country’s third-largest state-run lender by assets, posted a net loss of R6,089 crore for fiscal 2016—the highest by a public sector bank (PSB).
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PNB not to lend to iron & steel sector till it recovers
Taking a cue from high delinquencies in the iron and steel sector, state-owned lender Punjab National Bank (PNB) has decided to refrain from lending to the sector till it recovers from the downturn, managing director and CEO Usha Ananthasubramanian said on Tuesday.
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Will keep away from troubled sectors like steel for now: PNB
A week after reporting the worst set of numbers in the nation’s banking history with a net loss of Rs 5,367 crore for the March quarter, Punjab National Bank today said it will be cautious on troubled sectors like steel till a lasting solution is found.
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Neutral rating on Punjab National Bank; Result a clear disappointment
Though the bank did front-end recognition, there’s more pain in store
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Punjab National Bank posts record loss of Rs 5,367 cr, here is what it needs to do to regain glory
Two former CMDs of PNB who led the bank for a seven-year period starting 2000, told FeMoney that the extent of loss was beyond their imagination.
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Punjab National Bank scripts largest loss in banking history
Punjab National Bank (PNB) posted the worst ever quarterly loss in India’s banking history after over R15,000 crore of restructured loans slipped into the non-performing asset (NPA) category in the March 2016 quarter following the central bank’s asset quality review (AQR).
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Vijay Mallya must pay in full, says Punjab National Bank chief
Dismissing Vijay Mallya’s offer of part payment of bank loans, Punjab National Bank (PNB) today said he must pay the full amount and settle the dues.
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Punjab National Bank shares surge over 3% despite Q4 loss of Rs 5,367 cr, here is why
Punjab National Bank shares surged over 3 per cent on Wednesday despite the bank reported a net loss of Rs 5,367.14 crore for the fourth quarter ended March 31, 2016
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Punjab National Bank posts worst loss in Indian banking history, posts Q4 net loss of Rs 5,367 cr
Punjab National Bank reported a net loss of Rs 5,367.14 crore for the fourth quarter ended March 2016 against net profit of Rs 306 crore in the same quarter a year ago.
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Bank shares surge on RBI move to trim company list for provisioning
Banking majors such as Punjab National Bank, ICICI Bank, State Bank of India were trading higher by 6.23 per cent, 6.05 per cent and 4.06 per cent, respectively.
