Punjab National Bank raises Rs 5,000 crore via QIP route
New Delhi/IBNS: Leading public sector lender Punjab National Bank (PNB) announced on Friday (Sept. 27) that it has raised Rs 5,000 crore through a Qualified Institutional Placement (QIP).
PNB MetLife announces Rs 930 cr benefitting 5.82 lakh customers
Mumbai: PNB MetLife has announced a bonus of Rs 930 crore for eligible participating policyholders, benefiting 5.82 lakh customers.
Punjab National Bank Q4FY24 PAT soars 160% YoY to Rs 3,010 cr; NII grows 9% YoY to Rs 10,363 cr
New Delhi: Public sector lender Punjab National Bank (PNB) Thursday reported an impressive growth in net profit at 159.8% YoY to Rs 3,010.27 crore in Q4FY24 compared to Rs 1,159 crore in the corresponding period last year.
Bibhu Prasad Mahapatra assumes charge as Executive Director on the Board of PNB
New Delhi: Bibhu Prasad Mahapatra has assumed the charge as the Executive Director on the Board of Punjab National Bank, the Ministry of Finance said on Tuesday.
Punjab National Bank launches 'Pensioner's Lounge' on World Senior Citizen’s Day
New Delhi: Public sector lender Punjab National Bank (PNB) introduced on World Senior Citizen’s Day the "Pensioner’s Lounge", a dedicated space within the branch that serves pensioners and senior citizens with all their banking needs.
PNB, IOC, DCB Bank to offer AT1 bonds; issue at premium rates likely: Report
Mumbai: Punjab National Bank (PNB), Indian Overseas Bank (IOB), and DCB Bank may need to offer higher interest rates on their bonds as they prepare to sell them during a period when global banks are facing significant pressure, according to a report published in The Economic Times (ET).
PNB Housing Finance Q2FY23 PAT grows 12 pc to Rs 263 cr
PNB Housing Finance Thursday reported a Profit after Tax (PAT) of Rs 263 crore, registering a growth of 12% YoY and 12% QoQ.
PNB MetLife announces Rs 594 cr bonus for 4.95 lakh participating policyholders
Kolkata: PNB MetLife India Insurance Company Limited (PNB MetLife) has announced a bonus of Rs 594 crore for all eligible policyholders of participating products for FY22.
PNB collected Rs 645 crore through ATM transaction charges in Fy22
New Delhi: State-run lender Punjab National Bank has earned Rs 645 crore by way of charging customers on ATM transactions during the financial year 2021-22, media reports said.
PNB Housing Finance, SBI enter into strategic co-lending partnership
Mumbai/ IBNS: PNB Housing Finance today announced a strategic co-lending agreement with State Bank of India to offer convenient and customised retail loans to homebuyers at competitive interest rates. The partnership will primarily cover priority sector housing loans.
PNB reports Rs 2,060 cr fraud in NPA account of ITPCL
Punjab National Bank (PNB) Tuesday reported a fraud of Rs 2,060 crore in the NPA account of IL&FS Tamil Nadu Power Company Limited (ITPCL).
Punjab National Bank launches online life certificate submission facility
Kolkata/IBNS: In a major initiative to simplify and extend convenience to its pensioners, Punjab National Bank has come up with the facility of online Life Certificate submission for Central/State Govt. pensioners.
RBI imposes monetary penalty on PNB, ICICI Bank for non-compliance
Mumbai/IBNS: Reserve Bank of India (RBI) on Wednesday said it has imposed a monetary penalty on private sector lender ICICI Bank and state-run Punjab National Bank (PNB) for non-compliance with its rules.
Kalyan Kumar appointed as exec director of Punjab National Bank
Kolkata/IBNS: Public sector lender, Punjab National Bank (PNB), announced the appointment of Kalyan Kumar as Executive Director.
PNB launches festive offer, waives loan processing charges
Mumbai/UNI: Public Sector lender Punjab National Bank (PNB) has launched Festival Bonanza Offer to enhance the availability and affordability of credit to customers.