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.
PNB urges its customers to update KYC details by mid-December
New Delhi: Public sector lender Punjab National Bank (PNB) has asked its customers to update their Know Your Customer (KYC) information before December 18 to ensure the smooth functioning of their accounts, an official release said.
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.
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 Q3FY22 net profit jumps 123 pc, NII down by 6.1 pc YoY
Kolkata/IBNS: Public sector lender Punjab National Bank (PNB) Thursday reported a net profit of to Rs 1127 crore for the quarter ended December 2021, up 122.7 percent year-on-year.
PNB Q1FY22: Net profit jumps 232 pc to Rs 1,023 cr, NII zooms to Rs 7,227 cr
New Delhi/IBNS: Punjab National Bank reported a net profit of Rs 1,023 crore during Q1FY22, up 232.1 per cent from Rs 308 crore in Q1FY21.
PNB reports Rs 1,200 crore 'borrowing fraud' by Ahmedabad-based company
Mumbai/IBNS: Public sector lender Punjab National Bank has reported a fraud of Rs 1,203 crore by Ahmedabad-based Sintex Industries Pvt Ltd, which had run into trouble last year, said media reports.
Punjab National Bank cuts interest rates
New Delhi/IBNS: Punjab National Bank (PNB) has decided to pass on the full benefit of recent RBIs policy rate cut of 75 bps to its borrowers covered under External Benchmark linked product of Repo Linked Lending Rate (RLLR) in respect of Retail/ MSME portfolio w.e.f 01.04.2020.
PNB narrows loss to Rs 4,750 cr in Q4
New Delhi, May 28 (UNI) Public Sector lender Punjab National Bank reported a net loss of Rs 4,750 crore for the quarter 4 in Financial Year 2018-19 due to high provisioning, the bank announced on Tuesday.
PNB posts 7.12 pc YoY profit at Rs. 247 crore in Q 3
New Delhi, Feb 5 (IBNS) : The state-run Punjab National Bank (PNB), plagued by a whopping 2 billion dollar fraud, posted a surprise profit in October-December quarter, aided by lower provisioning for bad loans.
Limit collateral damage from bank frauds: ASSOCHAM
New Delhi, Mar 11 (IBNS): All out efforts must be made by banks, regulators, government and India Inc to limit the collateral damage from the alleged fraud in PNB, said the ASSOCHM on Sunday, cautioning over-reaction by the banks and the investigative agencies would hurt essential credit disbursement to the trade and industry and tamper the growth expectations.