Page 4 - Pnb

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

Two stock recommendations from Osho Krishan of Anand Rathi: Buy PNB, HPCL

Hindustan Petroleum has seen a strong closing in the last trading session and is currently hovering between its short and medium exponential moving averages on the daily chart

PNB's Q1 profit jumps 231% to Rs 1,023 crore as provisions fall

The bank's net interest income (NII) increased 6.5 per cent year-on-year to Rs 7,226 crore during the quarter

Govt banks continue to have truncated boards, 10 don't even have a chairman

Meeting quorum of board sub-committees becomes difficult sometimes, say bankers

Top headlines: PNB Q1 net profit zooms 231%; PM Modi launches e-RUPI

Business Standard brings you the top headlines on Monday

PNB advises Housing arm to rejig Carlyle deal as per Sebi order

PNB Housing to await SAT's order before taking a call on restructuring

PNB HFC-Carlyle pact: Deal complies with guidelines, PNB board told

The government is looking at the issue and is awaiting Securities Appellate Tribunal order due on July 5

Stocks to watch: Union Bank of India, Infosys, IndiGo, PNB, Surya Roshni

We expect domestic travels to reach February levels by year end, said IndiGo CEO Ronojoy Dutta

Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank

The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021