Business Standard

Tuesday, December 24, 2024 | 09:41 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 3 - Punjab National Bank

BoB issues Rs 2,500 crore AT-1 bonds at 7.88%, cheaper than peers

Four PSU banks have raised Rs 7,800 crore AT-1 bonds so far in FY23 as credit demand booms

BoB issues Rs 2,500 crore AT-1 bonds at 7.88%, cheaper than peers
Updated On : 30 Aug 2022 | 11:38 PM IST

SBI, Bank of Baroda may look to raise Rs 8,000 cr through bond sale

While SBI may opt for Rs 4,000-crore tier-II bond sale, Bank of Baroda looks to issue AT-1 bonds worth Rs 3,000-4000 crore in tranches

SBI, Bank of Baroda may look to raise Rs 8,000 cr through bond sale
Updated On : 10 Aug 2022 | 11:35 PM IST

ICICI Bank, PNB, Bank of Baroda lift loan rates post RBI rate hike

RBI's Monetary Policy Committee raised the repo rate to 5.40 per cent from 4.90 per cent, taking the benchmark policy rate to a three-year high

ICICI Bank, PNB, Bank of Baroda lift loan rates post RBI rate hike
Updated On : 06 Aug 2022 | 5:38 PM IST

SBI likely to issue Rs 7,000-cr additional tier-I bonds by August-end

Last month, SBI's board had provided approval for raising up to Rs 11,000 crore via additional tier-I and tier-II bonds to meet regulatory requirements and support business growth

SBI likely to issue Rs 7,000-cr additional tier-I bonds by August-end
Updated On : 04 Aug 2022 | 12:48 AM IST

PNB raises asset quality guidance, aims to lower net NPA to 3.5% by March

Gross NPAs reduced to 11.27% in April-June quarter from 14.33% a year ago; eight accounts worth Rs 2,486 cr will be transferred to NARCL

PNB raises asset quality guidance, aims to lower net NPA to 3.5% by March
Updated On : 29 Jul 2022 | 11:44 PM IST

Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet

Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.

Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet
Updated On : 29 Jul 2022 | 7:54 AM IST

PNB net profit drops 70% YoY to Rs 308 crore in April-June quarter

The state-owned lender had reported a Rs 1,023 crore profit in April-June 2021 on account of healthy cash recovery and upgrade of Rs 8,270 crore

PNB net profit drops 70% YoY to Rs 308 crore in April-June quarter
Updated On : 29 Jul 2022 | 1:38 AM IST

SBI board approves Rs 11,000 cr capital raise via AT1, tier-II bonds

Money to be raised in rupees, dollars or other convertible currency; lender's CAR at 13.83%, with tier-I of 11.42% and Tier-II of 2.41%, March-end

SBI board approves Rs 11,000 cr capital raise via AT1, tier-II bonds
Updated On : 21 Jul 2022 | 1:38 AM IST

PNB bond holdings of short maturity, less prone to rising yields: MD Goel

In a Q&A, Atul Kumar Goel says the lender has not sought any special dispensation from RBI to provide for MTM losses amid rising bond yields

PNB bond holdings of short maturity, less prone to rising yields: MD Goel
Updated On : 19 Jul 2022 | 10:12 PM IST

PNB on-boards account aggregation platform to help digitally access files

Punjab National Bank is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and Financial Information Provider (FIP)

PNB on-boards account aggregation platform to help digitally access files
Updated On : 14 Jul 2022 | 4:16 PM IST

Major PSU banks to go live on account aggregator system by July-end

SBI and BoB are expected to go live by the deadline; PNB and Union Bank of India are already live on the ecosystem

Major PSU banks to go live on account aggregator system by July-end
Updated On : 12 Jul 2022 | 10:59 PM IST

PNB puts up for sale NPA account of Burnpur Cement to recover over Rs 50 cr

State-owned PNB has put up for sale the account of loss-making Burnpur Cement of West Bengal and has invited bids from Asset Reconstruction Companies (ARCs) to recover loan of over Rs 50 cr

PNB puts up for sale NPA account of Burnpur Cement to recover over Rs 50 cr
Updated On : 06 Jul 2022 | 7:25 PM IST

Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low

Stock market LIVE updates: As of 7:28 AM, the SGX Nifty Futures quoted 15,881 levels, hinting an upside of 46-odd points on the Nifty50.

Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low
Updated On : 05 Jul 2022 | 3:46 PM IST

Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants

Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i

Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants
Updated On : 05 Jul 2022 | 7:56 AM IST

PNB raises Rs 2,000 crore via AT1 capital bonds at lower rate of 8.75%

Gains from easing bond yields worldwide; better rate comes against indicative yield of 9-9.25%

PNB raises Rs 2,000 crore via AT1 capital bonds at lower rate of 8.75%
Updated On : 05 Jul 2022 | 1:04 AM IST

Domestic housing sector set to grow in next 5 years: PNB Housing Finance

The domestic housing sector is set to grow for the next five years after a lull of several years and the housing finance companies are well poised to tap this opportunity aided with sectoral reforms

Domestic housing sector set to grow in next 5 years: PNB Housing Finance
Updated On : 03 Jul 2022 | 5:54 PM IST

PNB Hsg Fin to seek shareholders' nod in July to raise Rs 12k cr in debt

PNB Housing Finance on Thursday said it will seek shareholders' approval next month to raise Rs 12,000 crore in debt capital. The housing finance company promoted by the city-headquartered state-owned lender Punjab National Bank (PNB) is scheduled to convene its annual general meeting (AGM) next month on July 26. "Shareholders' approval is being sought in the 34th AGM to borrow funds and issue of non-convertible debentures (NCDs) on a private placement basis aggregating to Rs 12,000 crore in one or more tranches," PNB Housing Finance said in a regulatory filing. Shares of the company traded 0.33 per cent up at Rs 333.20 apiece on BSE.

PNB Hsg Fin to seek shareholders' nod in July to raise Rs 12k cr in debt
Updated On : 30 Jun 2022 | 3:13 PM IST

Adani group firm Kutch Copper raises Rs 6,071 cr for one mn tonne unit

Funds raised for first phase of greenfield plant, firm signs financing documents with SBI-led consortium

Adani group firm Kutch Copper raises Rs 6,071 cr for one mn tonne unit
Updated On : 26 Jun 2022 | 11:35 PM IST

PNB customers must give details of high-value cheques before clearance

To sensitise its customers against high-value cheque frauds, Punjab National Bank urged them to submit details about cheques at least a day before clearance under Positive Pay System (PPS) framework.

PNB customers must give details of high-value cheques before clearance
Updated On : 17 Jun 2022 | 7:09 PM IST

Indian PSBs plan to exit Hong Kong as strict regulations, Covid woes pinch

State Bank of India (SBI) will likely be the only PSB in Hong Kong, alongside private sector banks ICICI and HDFC

Indian PSBs plan to exit Hong Kong as strict regulations, Covid woes pinch
Updated On : 10 Jun 2022 | 11:12 AM IST