How technology integration, regional synergies drove bank merger plan
PNB will take over OBC and UBI to become the country's second-largest lender after SBI in terms of business31-08-2019
How technology integration, regional synergies drove bank merger plan
PNB will take over OBC and UBI to become the country's second-largest lender after SBI in terms of businessPUNJAB NATIONAL BANK - 532461 - Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI LODR Regulations 2015
PUNJAB NATIONAL BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2019 ,inter alia, to consider and approve In terms of Regulation 29 of the SEBI (LODR) Regulations 2015 and reference to our intimation dated 31.08.2019, the exchange is hereby informed that meeting of Board of Directors of the Bank is scheduled to be held on 05th September, 2019 for considering following agenda:- 1. To consider the amalgamation of the Oriental Bank of Commerce and United Bank of India into Punjab National Bank 2. To consider capital infusion upto Rs 16500 crore (Rupees Sixteen Thousands Five Hundred Crore only) by Government of India by way of preferential issue of Equity share and Fixing date of Extra Ordinary General Meeting (EGM) for obtaining shareholders'' approval in this regard at a price determined in terms of SEBI (ICDR) Regulations.PUNJAB NATIONAL BANK - 532461 - Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR) Regulations, 2015
The Bank has received a communication from Ministry of Finance, Government of India vide its letter no. F. No. 7/93/2019-BOA.1 dated 30.08.2019 that the Alternative Mechanism (AM) after consultation with Reserve Bank of India (RBI), has decided that the Punjab National Bank, Oriental Bank of Commerce and United Bank of India may consider the amalgamation of the Oriental Bank of Commerce and United Bank of India into Punjab National Bank. Accordingly, a meeting of Board of Directors to consider the amalgamation will be convened by the Bank shortly. This is in compliance with the regulation 30 of SEBI (LODR) Regulations, 2015.Punjab National Bank - 532461 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Issue of Duplicate Share Certificate (s)Punjab National Bank - 532461 - Payment Relates To Bonds (INE160A09280)
Payment relates to Bonds (INE160A09280)Allahabad Bank, PNB link loan products to repo rate
Presently, banks price their loans based on their marginal cost of funds-based lending rate (MCLR). Now, customers will have the option to select between MCLR linked rate or a repo rate linked to the external benchmarkPNB fraud case: Nirav Modi remanded to custody in UK until September 19
Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until September 19.Punjab National Bank - 532461 - Price Sensitive Information/Disclosure
Price Sensitive Information/disclosurePUNJAB NATIONAL BANK - 532461 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Loss of Share Certificate(s)PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Schedule of Analyst/Institutional Investors Meet(s)