Updates
1. Bank has reduced Marginal Cost of Funds Based Lending Rate (MCLR) by 20-25 BPS with effect from 01.09.2017 2. Bank has reduced Base Rate by 20 BPS from 9.35% to 9.15% w.e.f. 01.09.201731-08-2017
31-08-2017
Lenders looking to sell 51% stake in Jindal India Thermal Power
PNB-led consortium calls for EoI from potential investors29-08-2017
Richest Hindu temple Tirupathi Balaji deposits 2,780 Kg of gold with SBI
Last year, TTD had deposited 1,311 Kg of pure gold bars of 0.995 fineness with PNB29-08-2017
Punjab National Bank looks to sell stake in PNB Housing Finance unit, list PNB MetLife
CEO Sunil Mehta says Punjab National Bank looking to sell 10% stake in PNB Housing Finance and that the bank has received in-principle approval for PNB MetLife IPO25-08-2017
PNB to seek shareholders' nod to raise 3,000 cr equity capital
Convenes EGM on September 1222-08-2017
Extraordinary General Meeting (EGM) Of The Bank On Tuesday, 12Th September 2017 - Publication Of E-Voting Notice In The Newspapers
The Exchange is hereby informed that a Notice of e-voting has been published in the newspapers (Hindi and English) today for EGM of the shareholders of the Bank on Tuesday the 12th September 2017 at 10.00 a.m.22-08-2017
Bank bad loans: SBI worst hit at 27 per cent of total loan default amount, PNB second at 13 per cent
As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31 this year, straining its balance sheet and limiting its capacity to extend loans to genuine investors.21-08-2017
27% of total bad loans owed to SBI alone, PNB next
Defaulters owe the State Bank of India around Rs 25,104 cr20-08-2017
Updates
interest on Tier I Perpetual Bonds Series VIII (ISIN INE160A08100) will be paid on 03.09.201719-08-2017
Updates
interest on Tier I Perpetual Bonds Series VIII (ISIN INE160A08100) will be paid on 03.09.201719-08-2017