Punjab National Bank reported a domestic NIM of 2.61 per cent for Q4FY26, as compared to 2.96 per cent in the corresponding quarter of the previous fiscal
The country's third largest state-run lender by market capitalisation has earmarked about 20 per cent of its technology budget for cybersecurity, or roughly ₹700 crore to ₹800 crore
State-owned Punjab National Bank (PNB) on Tuesday reported a 14.4 per cent year-on-year rise in net profit to Rs5,225crore for the three months ended March 2026, driven by higher interest income. The lender had earned a net profit of Rs 4,567 crore in the year-ago period. However, the bank's total income fell to Rs36,319crore during the quarter under review from Rs36,705 crore a year ago, PNB said in a regulatory filing. Interest income grew to Rs32,157crore from Rs31,989crore in the fourth quarter of the previous financial year. On the asset quality front, the bank's gross Non-Performing Assets (NPAs) improved to 2.95 per cent of gross advances as compared to 3.95per cent by the end of March 2025. Similarly, net NPAs came down to 0.29 per cent from 0.4 per cent. The board also recommended a dividend of Rs 3 per equity share for FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting of the bank.
At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.
Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.
Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.
PNB reported a net profit of about ₹5,100 crore for the quarter, up in low double digits year-on-year (Y-o-Y), supported largely by a sharp rise in non-interest income.
Punjab National Bank posts its highest-ever quarterly profit in Q3FY26, aided by strong non-interest income, improved asset quality and higher capital adequacy
Punjab National Bank's share price declined as much as 5.37 per cent to ₹125.25. Earlier on Monday, the stock rose 2.11 per cent and touched a 52-week high of ₹135.15.
PNB recorded a decline of13.6 per cent in its net non-performing assets (NNPA) to ₹3,834 crore as of December 2025, from ₹4,437 crore a year earlier
Stocks to watch on Monday, January 19: At around 7:10 AM, GIFT Nifty futures were down 180 points at 25,571.50, signaling a gap-down start for the bourses.
PNB expects to recover over ₹400 crore from MTNL and up to ₹500 crore through NPA sales this quarter, as the bank sharpens its focus on asset recovery and balance-sheet strength
At 11:39 AM on Wednesday; the Nifty PSU Bank index was the top gainer among sectoral indices, up 1.8 per cent at 8,581.65, as compared to 0.5 per cent rise in the Nifty 50.
State-owned lender said it reported fraud of over Rs 2,000 crore linked to erstwhile promoters of SREI entities and has made provisions for the entire outstanding amount
A London court has allowed a plea by fugitive diamond merchant Nirav Modi, wanted in India on fraud and money laundering charges, to adjourn a trial in an unrelated Bank of India unpaid loan case until March over UK prison delays. The 54-year-old accused, fighting extradition to India in the estimated USD 2 billion Punjab National Bank (PNB) loan scam, was shifted from Thameside prison in south London to HMP Pentonville, north London, in October to facilitate an appearance at the High Court in London. At an online review hearing for the USD 8-million Bank of India case on Friday, Judge Simon Tinkler partially granted Nirav's application to adjourn the eight-day January trial by a few weeks until March 23 next year following delays by UK prison authorities in providing access to important legal paperwork. There must, in my judgment, be some doubt as to whether those papers will ever make their way to Mr Modi if they indeed currently still exist, Justice Tinkler noted. It does seem t
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