Page 25 - Punjab National Bank

PNB gets a lift from non-core revenue streams

Loan quality continues to improve; sustainability of healthy profit growth appears difficult

Punjab National Bank rallies 3.8% on stellar Q3 earnings

The company reported a over four-fold jump in net profit to Rs 207.18 crore for the third quarter ended December 31, 2016-17, on account of lower provisioning

PNB partners with Ola to deploy mobile ATMs

Through the extensive network of Ola cabs present across the state, we are able to bring these mobile ATMs closer to citizens, said Deep Singh

PNB Q2 net profit dips 11.5% to Rs 549 crore

Rise in bad loan provisions seens as prime reason for weak performance

Recoveries to be higher, says PNB

Bank says most of the work on recoveries is happening on the field, covering SME and retail sectors

PNB cuts MCLR rates by 0.05% in various tenors from Aug 1

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

PNB to sell its realty assets in central Delhi

Takes over five-star property in Bengaluru to recover dues

PNB's limited gains from housing finance IPO

Apart from some increase in sum-of-parts valuation, the issue will not help in augmenting the bank's capital

PNB waives processing fee for home, car loans till Sep 30

During this financial year, bank's focus is on retail, particularly housing, car and education segment

Punjab National Bank cuts fixed deposit rates by up to 0.25%

The new rates would be effective July 1

913 wilful defaulters owe Rs 11,486 crore to PNB

The list includes embattled businessman Vijay Mallya's Kingfisher Airlines with an outstanding of Rs 597.44 crore

PNB's updated list of wilful defaulters includes Kingfisher Airlines

913 borrowers have been classified as wilful defaulters and they owe Rs 11,480 cr to the lender as of March 2016

PNB identifies 53 corporate accounts for sale to ARCs

To shun exposure to steel, textile till these turn around

More pain for PNB with loan slippage risks

Lender could raise Rs 6K cr via Basel-III bonds

Bad loans push PNB into record loss

Rs 5,367-crore quarterly loss highest by an Indian bank; loans of over Rs 30,000 crore put on watchlist; stock up 3 per cent

PNB may dilute stake to 30% in housing finance arm

PNB Housing Finance, in which the bank currently holds 51%, is set to gor for an IPO later this year

The mystery of PNB's vanishing loans

Eleven companies, which owe the bank Rs 843 crore, are untraceable. Many of them have common directors and have repeatedly taken loans from the same branch

Punjab National Bank hits over 6-year low

Thus far in 2016, the stock tanked 40% as compared to 10% decline in the Nifty 50 index.

PNB looking at off-loading stake in subsidiaries

PNB has subsidiaries like, PNB Housing Finance, PNB Gilts, and PNB Investment Services