Mon, Dec 04, 2023
Punjab National Bank (PNB) shares surged to a 52-week high on Dec 4, riding the wave of market optimism triggered by the BJP's landslide win in recent state elections. The stock soared 3.21%, hitting a peak of Rs 84.60, as the broader Nifty PSU Bank index also jumped 3.33%.
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Tue, Jul 09, 2019
Modi 2.0 government levying surcharge of an additional 3 per cent on the trusts investing in Indian equities on their STCG hasn't gone down well among the FIIs.
Fri, May 31, 2019
In the overall fiscal FY19, PNB’s loss now stands just at Rs 9,570 crore compared to the loss of Rs 12,113.36 crore in FY18.
Mon, Apr 08, 2019
Following the fraud, PNB has done significant amount of business and process enhancement/ upgradation to mitigate operational and credit risk, which Sharekhan believes is a positive.
Sun, May 20, 2018
Two jewellers, Nirav Modi and Mehul Choksi linked fraud of over Rs 14,000 crore has reflected in the earnings of Punjab National Bank in a very disappointing manner.
Fri, Feb 23, 2018
PNB fraud: The discovery of fraudulent transactions and data breach highlight the weak operational controls and corporate governance at the Punjab National Bank.
Tue, Feb 20, 2018
Since the day Rs 11,400 crore Punjab National Bank (PNB) fraud case came to light, the state-owned bank is bearing the brunt of investors who continue to remove their money from its stock for the fourth consecutive day.
Fri, Feb 16, 2018
The impact of this scam has already been felt in stock price of other jewelry firms.
Tue, Feb 06, 2018
PNB registered a net profit of Rs 230.11 crore in Q3FY18- rising by 11.06% compared to Rs 207.18 crore in the corresponding period of the previous year.
Wed, Nov 08, 2017
PNB saw just 2.2% increase in its net profit to Rs 561 crore in Q2FY18 compared to net profit of Rs 549 crore in the same period of the previous year.
Tue, Feb 07, 2017
The total income increased to Rs 14497.6 crore in Q3FY17 from Rs 13891.2 crore in Q3FY16.
Mon, Jan 02, 2017
Other private banks are likely to slash MCLR rates soon.
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