Page 15 - Pnb

PNB Housing Finance sees strong demand for up to $449 million IPO

It was selling new shares in a price range of 750 rupees to 775 rupees apiece

PNB makes home, auto loans attractive for govt staff

Bank said it will offer loans to these segments without any processing or upfront fee and no documentation charges will be levied on them

Punjab National Bank: Rising from the lows

Efforts to improve loan recoveries yield results; stock outperformance backed by fundamentals: Analysts

Update KYC by Oct 1, or face account block: PNB to customers

According to RBI guidelines, it is mandatory for customers to periodically update their KYC details with their banks

PNB Gilts shareholders raise borrowing limit to Rs 7,000 crore

The company is the only listed primary dealer in India and the public share holding in company is 25.93%

PNB cuts MCLR rate by 5 basis points

MCLR is the new benchmark lending rate which has replaced the base rate for new borrowers

PNB: Trading income, tax savings aid Q1

While the bank witnessed lower slippages, overall stress still remains elevated

PNB comes out of net loss, but net profit halves y-o-y

PNB's net profit is halved to Rs 30,636 crore for the quarter ended June 30 this year compared to Rs 72,071 crore in the corresponding period of the previous year

PNB shares move up 4.5% on subsidiary's IPO plan

Post-IPO, PNB will continue to hold approximately 35-37% of the issued and paid-up share capital in the company

PNB reports Rs 5367 cr loss in Q4 as bad loans surge

Gross bad loans as a percentage of total loans rose to 12.9% in March from 8.47% in December