Page 9 - Pnb

PNB floats one-time settlement to clear small-ticket bad loans

The recoveries will improve bottom line

We have used Gandhigiri to shame defaulters: PNB's Usha Ananthasubramanian

Punjab National Bank (PNB) has made a name for itself in recovery of bad loan dues

PNB plans to drag 250 defaulters to NCLT

Priority for time-bound action, repayment

Punjab National Bank plans to drag 250 defaulters to NCLT

Priority for time-bound action, repayment

PNB plans to sell non-core assets to shore up capital base

May look to sell the stake in PNB Housing Finance and PNB Gilts; might not explore PNB MetLife at this point

PNB Q3 profit jumps over four-fold to Rs 207 crore

PNB's total income increased 4.36% to Rs 14,497.65 crore for the quarter under review

Punjab National Bank cuts deposit rates by upto 0.25%

The public lender has reduced interest rates in select maturities by 10-25 basis points on term deposits

PNB to calibrate 10,000 ATMs by month end to disburse new notes

Officials said that the bank will open its branches for extended hours to meet the rush for exchange of notes

PNB looks for ABG Cement-like deals in Q3

These companies are non-performing accounts (NPA) for the bank

PNB net down 11.5% in Q2 due to NPA provisioning

Provisions for bad loans increased 34.6 per cent to Rs 2,533.76 crore from Rs 1,882.08 crore in the year-ago period

NPA provisions dent bottom line of three public sector banks

PNB Q2 net down 11.5% at Rs 549 cr; Bank of Maharashtra, Dena Bank post losses

PNB plans to raise Rs 6,000 cr via bonds

The fund raising is subject to availability of headroom in one or more tranches, Says PNB in a regulatory filing to stock exchanges

PNB Housing Finance sees strong demand for up to $449 million IPO

It was selling new shares in a price range of 750 rupees to 775 rupees apiece

PNB makes home, auto loans attractive for govt staff

Bank said it will offer loans to these segments without any processing or upfront fee and no documentation charges will be levied on them

Punjab National Bank: Rising from the lows

Efforts to improve loan recoveries yield results; stock outperformance backed by fundamentals: Analysts

Update KYC by Oct 1, or face account block: PNB to customers

According to RBI guidelines, it is mandatory for customers to periodically update their KYC details with their banks

PNB Gilts shareholders raise borrowing limit to Rs 7,000 crore

The company is the only listed primary dealer in India and the public share holding in company is 25.93%

PNB cuts MCLR rate by 5 basis points

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

PNB: Trading income, tax savings aid Q1

While the bank witnessed lower slippages, overall stress still remains elevated

PNB comes out of net loss, but net profit halves y-o-y

PNB's net profit is halved to Rs 30,636 crore for the quarter ended June 30 this year compared to Rs 72,071 crore in the corresponding period of the previous year