Punjab National Bank News and Updates

Keep track of all breaking news on Punjab National Bank from all sources in a single place.

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Punjab National Bank

22 Jun 2022

112.33

-0.97%

Dividend paying stocks: PNB, Union Bank turn ex-dividend today. Details here

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Dividend paying stocks: Board of directors of PNB has recommended a dividend of 0.64 per equity share for FY22

Punjab National Bank has gained 20.60% in the last 6 Months

Punjab National Bank

19 Jun 2022

112.33

-0.97%

CBI books Pune Buildtech and promoters for bank fraud, carries out searches

Business Standard

CBI conducted searches at three locations in Mumbai after it registered an FIR against Pune Buildtech Private Limited and its directors for alleged bank fraud of Rs 30 crore in PNB

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

17 Jun 2022

112.33

-0.97%

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

Business Standard

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.

Punjab National Bank is trading above all available SMAs

Punjab National Bank

16 Jun 2022

112.33

-0.97%

CBI files charge sheet against Delhi-based firm in PNB loan fraud

Business Standard

A case was registered on September 25, 2020, against the private firm and others on the allegations of causing losses to the tune of Rs 2040.63 crore to the consortium of 12 banks led by PNB.

Punjab National Bank is trading above all available SMAs

Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase

NDTV Profit | 16 Jun 2022 1 more

Punjab National Bank

13 Jun 2022

112.33

-0.97%

Veteran banker Subramaniakumar to join as MD & CEO of RBL Bank from Jun 24

Business Standard

Banking sector veteran R Subramaniakumar, with over 40 years of experience, will take charge of private sector RBL Bank from June 24, replacing the interim MD & CEO Rajeev Ahuja. Ahuja took charge as the interim MD & CEO of the bank after the sudden ouster of the then chief Vishwavir Ahuja in late December 2021, who was sent on leave with immediate effect. Subramaniakumar had in past served as the Managing Director & Chief Executive Officer (MD & CEO) of Chennai-based public sector lender Indian Overseas Bank (IOB) and also as the Executive Director (ED) of the bank. Besides, he was also the ED at Indian Bank and held various positions in the banking industry. He was instrumental in the transformation at Delhi-based Punjab National Bank (PNB). Also, he served as a board of director of PNB's Bhutan joint venture Druk PNB. The search committee constituted to identify the MD & CEO for the bank ran an exhaustive process along with Egon Zehnder and recommended the name .

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

08 Jun 2022

112.33

-0.97%

PNB board approves investment of up to 500 crore in PNB Housing's rights issue

Business Line

PNB's participation is intended to retain its status as promoter

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

07 Jun 2022

112.33

-0.97%

ED names Choksi's wife as beneficiary of scam, files additional complaint

Business Standard

ED has filed a supplementary Prevention of Money Laundering Act (PMLA) complaint against fugitive diamantaire Mehul Choksi and others in the Punjab National Bank scam case

Punjab National Bank has an average target of 133.40 from 5 brokers.

PNB fraud: ED files chargesheet against Mehul Choksi's wife, others

Moneycontrol | 07 Jun 2022 1 more

Punjab National Bank

01 Jun 2022

112.33

-0.97%

PNB hikes MCLR rates by 15 bps from today; check details here

Business Today

The bank has hiked the MCLR for an overnight loan from 6.60 per cent to 6.75 per cent whereas the MCLR for a one-month loan now stands at 6.80 per cent.

Punjab National Bank has an average target of 133.40 from 5 brokers.

Punjab National Bank

01 Jun 2022

112.33

-0.97%

Punjab National Bank raises benchmark lending rate by 0.15%; EMIs to go up

Business Standard

State-owned PNB raised its marginal cost of funds-based lending rate by 15 basis points or 0.15 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers