Shareholding for the Period Ended June 30, 2017
Punjab National Bank has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2017. For more details, kindly Click here12-07-2017
12-07-2017
He Exchange Is Informed Hereby Regarding Loss Of Share Certificate Of Satyendra Kumar Guptaunder Regulation39 (3) Of SEBI (LODR) Regulations 2015
The exchange is informed hereby regarding loss of share certificate of Satyendra Kumar Gupta under Regulation 39 (3) of SEBI (LODR) Regulations 201510-07-2017
Statement Of Investor Complaints For The Quarter Ended June,2017
Statement of investor complaints for the quarter ended June,201710-07-2017
Why some brokerages have turned positive on PNB
A week after Nomura turned positive of Bank of Baroda, it is now the turn of Punjab National Bank (PNB) to enjoy a rating upgrade from the foreign brokerage. Nomura upped its rating on PNB from neutral to buy. With the price target of Rs 180, the potential upside is about 26 per cent even after factoring in for Thursday's 4.6 per cent rally. In a report dated July 5, the analysts note that after the 24 per cent correction in the past two months, incremental risk-reward is turning favourable for PNB. "Our adjusted book valuation of 0.55x FY19 book factors in Rs 79,000 crore of total stress vs gross non-performing assets (NPA) of Rs 55,400 crore in FY17 and adequately captures any asset quality risks," the analysts add. In fact, analysts at Prabhudas Lilladher and Motilal Oswal also have the same opinion on PNB's asset quality issues. "Significant stress is being recognised over last several quarters, and now resolution in key sectors like steel, power, construction and roads remains a .06-07-2017
PNB, SBI most active stocks in terms of volume
In the Nifty50 pack, 36 stocks were trading in green, while 15 stocks were in red.06-07-2017
Change in Directorate
In compliance of Regulation 30 of the SEBI (LODR) regulations 2015, exchange is being informed that Shri Ravi Mital, Additional Secretary, Department of Financial Services, Ministry of Finance, has been nominated as Govt. Nominee Director of the bank in place of Shri Anil Kumar Khachi by Central Government Vide Govt. Of India, Ministry of Finance, Department of Financial Services Notification F.No. 6/3/2012-BO-I dated 04.07.2017 with immediate effect and until further orders.05-07-2017
Punjab National Bank to block all Maestro debit cards from July 31
"If you are having Maestro debit card, get it replaced free of cost with a new EMV chip-based debit card from any PNB branch. All Maestro cards issued by PNB will be blocked or hotlisted on July 31, 2017 for security based reasons," the bank said in a communication to its customers.03-07-2017
Updates
Marginal Cost of Funds Based Lending Rate (MCLR) for 01.07.2017 has no change from the existing rates.01-07-2017
Scrutinizer's Report
Consolidated Scrutinizer's report containing details of remote e-voting and voting at the 16th Annual General Meeting of shareholders held on 29.06.2017 at 10.00 A.M. at Punjab National Bank Delhi - 110054.30-06-2017
Outcome of AGM
The Exchange is hereby informed that Annual General Meeting of shareholders of the Bank was held on 29th June 2017 at 10.00 a.m. at PNB Auditorium, Central Staff College, 8 Underhill Road, Civil Lines, Delhi 54 to consider and adopt the Audited Balance Sheet of the Bank as at 31st March 2017, Profit and Loss Account of the Bank for the year ended 31st March 2017, the Auditor's Report on the Financial Statements as on 31st March 201729-06-2017