Fri, Dec 29, 2023
Punjab National Bank (PNB) shares surged in morning trade after announcing a Rs 7,500 crore capital raise plan. The stock jumped to a new 52-week high of Rs 96.55 but later retreated amidst profit booking. Analysts foresee potential further gains, with targets of Rs 110 if the stock surpasses Rs 100 on closing basis.
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Fri, Dec 06, 2019
In conversation with SS Mallikarjuna Rao, MD and CEO of Punjab National Bank. To know more watch the video
Fri, Nov 08, 2019
The accounts that turned up to be an NPA account and added to the slippage in this quarter include Jet Airways. Besides, the retail, agriculture and MSME (RAM) has a contribution of around Rs3,000 crore to the slippage of the quarter. Thus, total slippage stands around Rs11,000-12,000 crore in the first half of the year.
Mon, Oct 15, 2018
Has your ATM or Debit card stopped working? Scores of bank customers visiting ATMs these days get surprised when they fail to withdraw cash.
Sun, Oct 14, 2018
Do you still use bank cheque books to make payments? Then know that there is a threat to your money if you make a number of these mistakes.
Sat, Oct 13, 2018
If you are an SBI customer, you must link your mobile number with the bank by December 1, 2018. Failing to do so, you will lose access to your internet banking account
Tue, Oct 09, 2018
ATM Cash Withdrawal Limit: Come October 31 and the State Bank of India (SBI) customers will not be able to withdraw as much cash from ATMs as they have been till now.
Mon, Oct 08, 2018
Personal loans offered by various banks come handy in times of crisis. And, also in good times when one falls short of cash.
Recent turmoil in the stock market and interest rates revision by several public and private sector commercial banks of the country have made Fixed Deposit (FDs) one of the most lucrative and safest investment options
Sun, Oct 07, 2018
Even as the Supreme Court has ruled that bank customers do not need to link their accounts with Aadhaar, the Union government-led by Prime Minister Narendra Modi has the power to make it mandatory again.
Sat, Oct 06, 2018
The State Bank of India will limit cash withdrawals from ATMs to Rs 20,000 per day for certain cardholders from October 31.
Tue, Oct 02, 2018
The month of October has started and in its wake, it is bringing a number of changes that will affect your money life - mostly for the worse, but there is a silver lining of sorts too. At least for those who invested in some small schemes.
Costlier loans on cards: The largest public sector bank, SBI has also increased its Marginal Cost of funds based Lending Rate (MCLR) by 5 basis points with effect from October 1.
Mon, Oct 01, 2018
On Monday, The Enforcement Directorate said it has attached assets worth Rs 637 crore of absconding jeweller Nirav Modi and his family, including two apartments in New York's iconic central park, as part of its fresh action in the USD 2 billion alleged bank fraud in the PNB.
Sat, Sep 29, 2018
Punjab National Bank (PNB) Saturday increased its benchmark lending rates or MCLR for the short-term loans by up to 0.2 per cent .
ATM Card Upgrade: If you are a customer of State Bank of India, HDFC Bank, Axis Bank, ICICI Bank, Bank of Baroda or any other private or public commercial bank, here's an important information for you.
Wed, Sep 26, 2018
Aadhaar verdict: The Supreme Court of India has not just upheld the constitutional validity of Aadhaar but also stopped its unnecessary use.
Sun, Sep 23, 2018
Getting a bank loan is not an easy task for millions of genuine people in many parts of the country. But for the fraudsters, it is apparently getting easy these days.
Sat, Sep 22, 2018
On Friday, Gitanjali Group owner Mehul Choksi, moved a special CBI court claiming danger to his life after his return to India and sought cancellation of a non-bailable warrant issued against him.
Tue, Sep 18, 2018
Centre will merge these banks next? As per this BoB, Vijaya, Dena Bank merger ''formula'', the answer is in the affirmative. The likely targets? PNB, Indian Bank, IOB; Canara, Syndicate, UCO
Fri, Sep 07, 2018
PNB cheques: The bank has asked its customers to get their non-CTS compliant cheques replaced.
Mon, Aug 27, 2018
Big wilful defaulters are those who took loans of over Rs 25 lakh from the bank. Such borrowers had an outstanding of Rs 15,355 crore at end of June this year.
Mon, Aug 13, 2018
Pushed to a corner, Nirav Modi aides Mihir Bhansali and Rakhi Bhansali have moved a US court, seeking quashing of Punjab National Bank’s (PNB) subpoenas issued to the husband-wife duo who allegedly have information relevant to the state-run lender’s claims against Modi-controlled American firms.
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