Fell short of mandatory borrowing through debt securities in FY20: PNB HF
The housing finance company (HFC) said its incremental borrowing last fiscal was Rs 21,870 crore13-06-2020
13-06-2020
CBI registers separate cases against 3 firms for defrauding PNB of over Rs 125 crore
The probe agency has booked Nagpur-based Linkson Ispat and Energies Pvt Ltd, its Chairman-cum-Managing Director Yashwant Sangla and Linkson International Ltd in which he is a Director in two separate cases for alleged cumulative fraud of around Rs 93 crore through diversion of loan funds and cheating, officials said.11-06-2020
PNB scandal: ED brings back consignments of Nirav Modi, Mehul Choksi
Both Nirav Modi and Mehul Choksi are the prime accused in $2 billion Punjab National Bank (PNB) scandal. According to ED, values of these goods have been declared to be Rs 1,350 crores (approx.). These valuables include polished diamonds, pearls, pearl and silver jewellery etc. and were kept in the godown of a logistics company in Hong Kong.10-06-2020
Coronavirus pandemic: PNB buys 3 Audi cars for top management amid financial crisis
In the wake of COVID crisis, the finance ministry last week asked all ministries and departments not to initiate any new scheme in the current financial year and said that there is a need to use resources prudently in these difficult times10-06-2020
PNB lowers savings account deposit rates by 50 bps
Following industry peers, Punjab National Bank (PNB) on Wednesday announced to lower interest rate on savings account deposits by 0.50 percentage poin04-06-2020
PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Credit Rating
Rating Action by Moody''s Investor Service.03-06-2020
PUNJAB NATIONAL BANK - 532461 - Listing Of New Securities -Trading Approval Of 3455734 Equity Shares Of Rs. 2/- Each Issued Pursuant To The Amalgamation Of Oriental Bank Of Commerce And United Bank Of India Into Punjab National Bank Scheme, 2020 (Scheme) Notified By The Government Of India In The Gazette Of India On 04.03.2020.
With reference to the above captioned subject, the Exchange is hereby informed that trading approvals for 3455734 Equity shares of Rs. 2/- each allotted pursuant to the Scheme of Amalgamation have been granted by Exchanges i.e. National Stock Exchange of India Ltd (NSE) and BSE Ltd on 01.06.2020. The notice/approval issued by Exchange in this regard is enclosed herewith. You are requested to take this on record.02-06-2020
PUNJAB NATIONAL BANK - 532461 - Listing Of New Securities -Trading Approval Of 3455734 Equity Shares Of Rs. 2/- Each Issued Pursuant To The Amalgamation Of Oriental Bank Of Commerce And United Bank Of India Into Punjab National Bank Scheme, 2020 (Scheme) Notified By The Government Of India In The Gazette Of India On 04.03.2020.
With reference to the above captioned subject, the Exchange is hereby informed that trading approvals for 3455734 Equity shares of Rs. 2/- each allotted pursuant to the Scheme of Amalgamation have been granted by Exchanges i.e. National Stock Exchange of India Ltd (NSE) and BSE Ltd on 01.06.2020. The notice/approval issued by Exchange in this regard is enclosed herewith. You are requested to take this on record.02-06-2020
PNB cuts RLLR by 40 bps; reduces MCLR by 15 bps
Punjab National Bank (PNB) has reduced its external benchmark linked-product of Repo Linked Lending Rate (RLLR) by 40 basis points to 6.65 per cent fr02-06-2020
PUNJAB NATIONAL BANK - 532461 - Price Sensitive Information/Disclosures- Revision In MCLR
The exchange is hereby informed that Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 01.06.2020 is as under:- MCLR TENOR Existing w.e.f. 01.06.2020 Overnight 7.20% 7.05% One month 7.20% 7.05% Three month 7.35% 7.20% Six month 7.55% 7.40% One year 7.75% 7.60% Three years 8.00% 7.85% This is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.30-05-2020