Page 9 of Punjab National Bank

Retain ‘hold’ on Punjab National Bank with a price target of R150 per share.

August 22, 2015 00:26 IST

After inking a first, FinMin says no more hiring from private sector for PSB top jobs

Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry today said further such…

Updated: August 16, 2015 18:22 IST

Punjab National Bank cuts FD rate by up to 0.50 per cent

State-owned Punjab National Bank today reduced interest rate on fixed deposits on select maturities by up to 0.50 per cent.

August 6, 2015 08:23 IST

PNB net declines 49%, asset quality improves

Punjab National Bank (PNB) posted a 49% fall in net profit to R721 crore in the June quarter on higher…

Updated: July 29, 2015 04:55 IST

Early birds show PSBs to cringe in NPA pain

As Q1 results trickle in, asset quality issues seen chipping away bank’s profits

Updated: July 29, 2015 04:55 IST

Punjab National Bank shares rise nearly 6 per cent on Q1 net profit

Shares of Punjab National Bank rose over 6 per cent on its first quarter net profit of current fiscal.

July 28, 2015 14:39 IST

ED attaches Rs 1,000 cr foreign assets of Zoom

Zoom Developers is one of the top bank defaulters and it owes Rs 3,002 crore to 26 public sector banks…

July 3, 2015 10:00 IST

Punjab National Bank, Axis Bank cut fixed deposit rate by 0.25 pct

Two leading banks Punjab National Bank (PNB) and Axis Bank today slashed interest rate on fixed deposits by 0.25 per…

June 3, 2015 21:39 IST

PNB’s asset quality woes intensify in Q4: Edelweiss

Punjab National Bank’s (PNB) Q4FY15 PAT of Rs 300 crore came in well below our estimate, owing to continued asset…

May 13, 2015 00:10 IST

PNB, BoB set tone for grim public sector bank story

These are the first two large PSBs to report quarterly results and, while it would be premature to make conclusions,…

May 12, 2015 00:53 IST

PNB net sinks 62% as NPA provisioning surges 87%

Punjab National Bank (PNB) recorded a 62% fall in net profit to R307 crore in the March quarter on higher…

Updated: May 9, 2015 00:38 IST

Punjab National Bank Q4 net profit plummets 62% to Rs 306 crore

Punjab National Bank had posted a net profit of Rs 806.35 crore in the same period a year ago.

Updated: May 8, 2015 13:57 IST

PNB, IDBI Bank cut base rate by 25 bps each

IDBI Bank and Punjab National Bank (PNB) on Wednesday announced their decision to cut base rate by 25 bps…

May 7, 2015 00:16 IST

Now Punjab National Bank, IDBI Bank do it, cuts lending rate by 0.25%

Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, today cut their base rates…

May 6, 2015 20:06 IST

Union Budget 2015: Capital blow to ‘weaker’ PSBs as govt to apply Darwin’s law

Survival of the fittest: Infusion based on RoA & RoE may hit banks with limited ability to raise capital

Updated: March 2, 2015 08:39 IST

PNB to focus on reducing NPA, increasing CASA deposits & fast credit disbursement

The Punjab National Bank has found a new threefold mantra for growth in reducing Non Performing Assets…

February 10, 2015 18:51 IST

PNB rating: Buy; Slippages steal it all, says Motilal Oswal

Weak asset quality, high tax provisioning mar earnings

February 9, 2015 00:14 IST

Government to infuse Rs 6,990 crore in 9 PSBs; SBI leads the pack

Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI…

February 7, 2015 15:45 IST

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GST cut drives tractor sales to record high in September

Industry32 min ago

September saw record-breaking sales of tractors in India, driven by a reduction in the goods and services tax (GST) rate and festive demand. The tax cut to 5% and expectations of a positive Kharif outlook and strong monsoons boosted sales. Experts predict that sales will surpass one million units for the first time, aided by the upcoming Diwali season.

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