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
With repo-linked rates easing, borrowers may see lighter EMIs in the next cycle
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In the past one month, Shriram Finance stock has outperformed the market by surging 23 per cent, as compared to 3.3 per cent rise in the BSE Sensex.
LTI Mindtree stock price: Excels with top-tier quality and a significant earnings surprise, making it a robust choice for investors seeking financial stability and recent positive estimate revisions.
JM Financial upgraded the stock to 'Add' and set a target price of ₹125 per share, a potential upside of 6.2 per cent from Tuesday's closing price
The bank is also expanding digital offerings, growing its credit card base, and re-entering the West Asian market with plans to reopen its Dubai office, said Ashok Chandra
Opening top positions at public sector banks for private candidates is a welcome move. Delinking their salary from the IAS is the next logical step
PNB MD & CEO Ashok Chandra says the bank is investing heavily in technology upgrades, digital safety systems, and customer experience modernisation this fiscal
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.
Charges for stop-payment and nomination revised, all new rates to apply from Oct 1
Customers repaying loans linked to older benchmark may benefit as revised terms come into effect