Change in Management
The exchange is hereby informed that the Board of Directors of the Bank has approved the appointment of Sh. G. S. Gusain, General Manager as "Group Chief Risk Officer".03-11-2017
Change in Management
The exchange is hereby informed that the Board of Directors of the Bank has approved the appointment of Sh. G. S. Gusain, General Manager as "Group Chief Risk Officer".Punjab National Bank: A Trendlyne Screener favorite posts strong Q2 results
At the end of the June quarter results, Trendlyne's strong performing banks screener had identified Federal Bank and Punjab National Bank (PNB) as two banking stocks that were reducing their bad loans, and improving their financial ratios. After Federal Bank posted strong results in Q2, it continues to be in the screener, thanks to maintaining its trend in Q2 of falling NPAs and improving CASA. Now it is PNB's turn - the bank today saw its share price rise sharply after announcing Q2 results where net profits beat analyst estimates, rising 2% YoY, and gross bad loans as a percentage of total loans fell from 13.66% in June to 13.31% end September. The board of directors on Thursday has also authorised the management of the bank to partially sell its stake in PNB Housing Finance. As of September 2017, PNB holds a 38.86% stake in PNB Housing Finance.Board Of Directors Has Approved Reviewed/Unaudited Financial Results Of The Bank For Sept 2017
Board of Directors has approved reviewed/unaudited financial results of the Bank for Sept 2017 today on 3.11.2017Punjab National Bank's credit costs to stay high in Q2
However, the pace of slippages, advances becoming bad loans, is expected to moderateDiversification / Disinvestment
Outcome of the Board Meeting held on 2nd November, 2017 - Authorised management for partially Stake sale in PNB Housing Limited and approved to offload entire stake in Principal PNB Asset Management Company and Principal Trustee Company Ltd.EGM On 04-12-2017
Punjab National Bank has informed the Exchange that Extraordinary General Meeting of the Bank is scheduled to be held December 04, 2017.Analyst / Investor Meet - Intimation
The Exchange is hereby informed that Managing Director and CEO of the Bank shall give a presentation to the analysts/Investors on 7th November 2017 at 11.00 am Hotel Taj Vivanta, Presidential Ball room, Cuffe Parade, Mumbai on the Financial Results for the 2nd quarter ended 30 September 2017.Board Meeting Of Directors Of The Bank On 3Rd November,2017 And Closure Of Trading Window(File Named Information For Results To Stock Exchange 2017 Attached)
Board meeting of directors of the Bank on 3rd November,2017 and Closure of Trading WindowHow sustainable is the PNB stock rally?
Interest has increased in last 3 days, leading to 63% gain in the stockBanking Shares Surge On Centre's 2.11 Lakh Crore Recapitalisation Plan
State Bank of India shares rose more than 20 per cent, while Punjab National Bank shares surged more than 33 per cent