Punjab National Bank | The Asian Age

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Punjab National Bank Page-10

The extra-ordinary general meeting (EGM) of shareholders of the bank was held on Monday.

PNB gets shareholders' nod for raising Rs 5,000 cr from market

Bank has already appointed merchant bankers for QIP and is expected to hit the market in next few days.

04 Dec 2017 4:14 PM

While his office was on the first floor of the house, the ground floor was given to Punjab National Bank on rent.

PNB MD, others booked for fraud after court order

As per the FIR, Sudershan Goel, an advocate from Chandigarh high court, is the complainant.

12 Nov 2017 6:57 AM

Action from a Pool B match between Comptroller and Auditor General of India and National Hockey Academy in the 54th Nehru senior hockey tournament in New Delhi on Wednesday. CAG won 3-1.

PNB, CAG victorious

On Tuesday, Army drew with Railway Sports Promotion Board 2-2 in a Pool A match.

09 Nov 2017 12:27 AM

Punjab National Bank on Friday reported a modest rise of 2.2 per cent in net profit to Rs 561 crore for the second quarter of the current fiscal. (File Photo)

Punjab National Bank posts 2.2 per cent rise in profit in Q2

The state-owned bank had registered net profit of Rs 549 crore in the July-September quarter of last fiscal, 2016-17.

03 Nov 2017 2:25 PM

Gross NPAs in absolute term stood at Rs 5,77,207 crore, while the net NPAs were Rs 3,45,727 crore.

PNB puts 32 NPAs with outstanding loan of Rs 1,176 cr on block

Net NPAs stood at 9.16 per cent and 7.81 per cent as on June 30, 2016 and March 31, 2017, respectively.

08 Oct 2017 1:43 PM

The airline expects the two banks to disburse the amount by next week, a source close to the development.

Air India ties up with PNB, IndusInd for Rs 3,250 crore loan

CCEA had given in-principle approval for strategic disinvestment of Air India and five of its subsidiaries.

27 Sep 2017 5:52 PM

Total income of the bank rose to Rs 14,468.14 crore in the said quarter from Rs 13,475.41 crore a year ago.

PNB plans to raise up to Rs 5,000 crore from market

PNB had reported over 12 per cent rise in net profit at Rs 343.40 crore for the quarter ended June 30, 2017.

22 Sep 2017 3:07 PM

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the bank's ATMs.

PNB customers to pay for more than 5 ATM transactions from October

The revised charges will be effective from October 1, 2017, the bank said in a notice.

10 Sep 2017 4:33 PM

SBI accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters. Photo: PTI

Defaulters owe 27 per cent of Rs 92,376 crore outstanding loans to SBI

Punjab National Bank is next on the list with 1,120 wilful defaulters who owe bad loans worth Rs 12,278 crore.

20 Aug 2017 1:19 PM

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

PNB customers to pay higher charges for non-credit services

The bank has steeply raised the locker facility charges in metro branches for different types of lockers.

06 Aug 2017 2:32 PM

As per RBI advisory, existing magnetic stripe only cards need to be replaced with EMV chip and pin based cards by December 31, 2018.

PNB to block all Maestro debit cards from July 31

The bank will not charge anything for the replacement and it will be provided free of cost.

02 Jul 2017 1:48 PM

Government pushes PSBs to explore acquisition of smaller banks

Large PSBs like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could look for potential candidates for acquisition.

18 Jun 2017 1:05 PM

Bank stocks rise by 7.7% due to RBI's bad loan identification

The central bank identified 12 accounts for insolvency proceedings with each having over Rs 5,000 crore of outstanding loans

14 Jun 2017 6:19 PM

Govt gives green signal to PSU bank merger

Finance Minister Arun Jaitley said the government is examining the possibility of consolidating some PSU banks.

06 Jun 2017 10:31 AM

Punjab National Bank records profits in Q4

The bank reported a net profit of Rs 261.9 crore for the three months to March 2017.

16 May 2017 2:28 PM

For one, three and six months as well as one, three and five years, the new MCLRs have been revised down by 0.10 per cent each.

PNB revises down MCLR by 0.10-0.15 pc from today

The new MCLR for one-year tenure is 8.35 per cent and for three years, 8.50 per cent.

01 May 2017 4:24 PM

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

Centre looks to further consolidate PSU banks

In the last consolidation, CCI nod was needed only in the case of merger of BMB with SBI.

01 May 2017 12:56 AM

Bhandup resident Vinayak Joil, an air conditioner mechanic, who wanted to withdraw Rs 4,000, said he had tried his luck at 15 ATMs but in vain, until he succeeded on his 16th attempt.

ATMs run dry, cash-strapped Mumbaikars in a bind

Bank officials have said that customers are withdrawing more cash than needed, which in turn is leading to “scarcity” of notes.

13 Apr 2017 1:44 AM

Delhi: CBI arrests four for cheating banks to the tune of Rs 2240 cr

Over Rs 300 crore of working capital was also allegedly moved to six companies set abroad.

12 Apr 2017 3:03 PM

India Post is starting its India Post Payments Bank.

India Post Payments Bank set to start operations

India Post Payments Bank is the third entity to receive payments bank permit after Airtel and mobile wallet Paytm.

04 Feb 2017 10:45 AM

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Sanjaya Baru