Page 9 - Pnb

Aiming to recover Rs 5,000 cr, bring net NPAs under 4.5% by March: PNB MD

The lender is also looking to further monetise its 15% stake in UTI AMC as part of its non-core asset sale plan to shore up its capital base.

PNB, SBI: Here's why Mehul Kothari is bullish on these banking stocks

According to Mehul Kothari, traders can buy PNB on dips near the 40-mark with a stop loss of 36 for upside target of 48 in 3 - 5 weeks.

PNB Q3 net profit more than doubles to Rs 1,127 cr on lower provisions

On the asset quality front, the bank witnessed slight improvement by cutting its gross NPAs as a percentage of gross advances to 12.88% from 12.99% by the same period a year ago

Atul Kumar Goel takes charge as 'officer on special duty' in PNB

Punjab National Bank on Saturday said Atul Kumar Goel has taken charge as an 'officer on special duty', before taking over as its new MD and CEO next month.

PNB to pick up 9.5% stake in Open Network for Digital Commerce Ltd

Open Network for Digital Commerce (ONDC) Ltd is being established with a mandate to develop an open network for digital commerce

Nifty Bank hits 200-DMA. How to trade bank stocks in the next few sessions

Expect PNB, Bandhan Bank and other banks to trade with a negative bias below 200-DMA

PNB puts up National Steel & Agro Industries Ltd for sale to recover dues

The company has a balance outstanding of Rs 199.90 crore to the bank

CARE upgrades by a notch AT1 bonds ratings of 4 state-owned lenders

Agency sees improvement in capital cushions over minimum regulatory requirement, improvement in profitability.

Punjab National Bank cuts benchmark lending rate by 5 bps to 6.50%

Punjab National Bank on Wednesday announced the cut in its benchmark lending rate

State-owned Punjab National Bank reduces gold loan rates

PNB is also offering a full waiver of service charges/processing fee on the loans against gold jewellery and SGB, similar to home loans and vehicle loans announced recently

Metlife to hike its stake in PNB Metlife to 47.32% in Rs 1,906 cr deal

Signs share purchase agreement with IGE (India) Pvt Ltd and Elpro International Ltd to acquire their combined holding of 15.27% in PNB MetLife India Insurance

PNB cuts rate on home loan above Rs 50 lakh by 0.5 pc; RLLR by 0.25 pc

A day after SBI and Bank of Baroda announced festival season offer, Punjab National Bank on Friday slashed the interest rate on home loan above Rs 50 lakh by 0.50 per cent to 6.60 per cent

PNB board approves Rs 6,000 crore capital raising plan

The plan includes raising of AT-1 bonds or AT-2 bonds or a combination of both. The capital would be raised in one or more tranches

Banks Board Bureau recommends Atul Kumar Goel for PNB CEO position

BBB in a statement said it has recommended the name of Ajay Kumar Srivastsva on the reserve list for the vacancy

Top headlines: Five years of Reliance Jio, Royal Enfield hits global road

Business Standard brings you the top headlines of the day

PNB board to meet on Sept 10 to consider raising capital via AT-1 bonds

The capital would be raised in one or more tranches, the lender said in an exchange filing

PNB says Jet revival plan is discriminatory, files appeal in NCLAT

PNB is the largest shareholder in Jet Airways with 26 per cent stake which it secured after invocation of a pledge in 2019

Sebi moves SC against SAT order on PNB Housing's Rs 4K-cr preference issue

PNB Housing Finance on Thursday said capital markets regulator Sebi has approached the Supreme Court against the Securities Appellate Tribunal's order

PNB cuts savings deposits rate by 10 bps to 2.9%, effective Sept 1

Bank officials said the decision is partly driven by huge liquidity that the bank continues to manage and also correction in rates vis-a-vis peers, especially PSU banks

PNB expects recovery of Rs 14,000 crore from bad loans in three quarters

Currently, the bank has about 10,641 branches across the country