Page 2 - Punjab National Bank News

Motilal Oswal sees re-rating potential for PSU banks; SBI, PNB top bets

Despite a nearly 5x jump in aggregate mcap since FY20, most coverage PSBs still trade at reasonable valuations of 0.8-1x forward P/B & 5-7x FY27E EPS, leaving room for further upside.

SBI, Canara, Indian Bank hit 52-wk highs; PSU Bank index up 1%; here's why

In the past one month, the Nifty PSU Bank index has outperformed the market by surging 8 per cent, as compared to less than 1 per cent rise in the Nifty 50.

Nifty PSU Bank index rises 2%; nears 52-week high. What's driving PSBs?

Thus far in the month of September, Nifty PSU Bank index has outperformed by surging 7.5 per cent, as compared to 3.7 per cent rise in the Nifty 50.

Indian banks' dividend payouts may fall by 4.2% in FY26, says S&P

S&P Market Intelligence expects Indian banks' dividend pay-outs to decline 4.2% in FY26 as margins and profits weaken, with HDFC Bank and Bank of Baroda set to cut dividends

Nifty PSU Bank index rallies 3% in 2 days; Indian Bank hits all-time high

PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025.

The good and worrying about the bad loan problem of state-owned banks

Lenders are improving asset quality but they are struggling to recover money

Bond windfall cushions NII strain for PSBs as margins shrink on rate cuts

Public sector banks saw Q1 FY26 profit rise 10.6% YoY on treasury gains and lower provisions, while NII was flat as lenders passed on policy rate cuts to customers

PSBs in focus: SBI, BOB up 2%, Indian Bank hits record high; here's why

At 10:22 AM; Nifty PSU Bank index, the top gainer among sectoral indices, was up 1.8 per cent, as compared to 0.19 per cent gain in the Nifty 50 on Monday.

Min balance fine removal may benefit PNB in long run: MD Ashok Chandra

Our domestic NIM currently stands at 2.84 per cent. Including our overseas portfolio of Rs 55,000 crore, the global NIM is around 2.70 per cent, says Chandra

Punjab National Bank falls 4% on Q1 results; should you buy, sell or hold?

PNB's share price was trading 2 per cent lower at ₹105.9 per share after the bank posted its June 2025 quarter results

PNB Q1 net profit plunges 48% to ₹1,675 crore on higher tax outgo

PNB's profit dips due to switch to new tax regime; operating metrics improve with better asset quality, strong retail credit growth and healthy capital adequacy

Select PSU banks gain up to 4%; Canara, Indian Bank near 52-week highs

At 01:49 PM, the Nifty PSU Bank index, the top gainer among sectoral indices, was up 1 per cent, as compared to a 0.50 per cent decline in the Nifty 50

PNB urges customers to update KYC details by August 8 to avoid issues

In adherence to the Reserve Bank of India (RBI) guidelines, Punjab National Bank (PNB) has asked its customers to update their 'Know Your Customer' (KYC) information by August 8, to ensure smooth functioning of their accounts. Failure to update KYC details within the stipulated time may result in restrictions on account operations, it said. This is applicable only for those customers whose accounts are due for KYC updation as of June 30, 2025, PNB said in a statement. As part of the KYC compliance exercise, PNB customers are requested to provide their updated information like identity proof, address proof, recent photo, PAN/Form 60, income proof, mobile number (if not available) or any other KYC information at any branch, it said. It can also be done through PNB ONE/Internet Banking Services (IBS) or registered e-mail/post to their base branch by August 8, 2025.

Select PSU banks gain in weak market; Canara, Union, BOB surge up to 3%

Around 12 PM, the Nifty PSU Bank index was up 0.45 per cent, as compared to a 0.43 per cent decline in the Nifty 50

PNB shares slip after reporting Q1 business updates; details here

Punjab National Bank shares fell 3 per cent even after its provisional global business rose 11.6 per cent year-on-year

Stocks to Watch Today, July 3: DMart, Nykaa, PNB, Vedanta, Enviro Infra

Stocks to Watch Today, Thursday, July 3, 2025: PNB, Indian Bank, PVR, Tata Power, Motilal Oswal, Hindustan Zinc, Escorts Kubota, Voltas, and Max Financials are some of the top stocks to watch today

Trading guide: Nifty reflects caution; PNB, Indus Towers top stocks to buy

Analyst recommends maintaining a positive bias while focusing on stock selection. PNB, SAIL and Indus Towers are among the top stocks to buy