PNB, South Indian Bank lower lending rates for December
Punjab National Bank has cut the marginal cost of funds based lending rate by 0.05-0.10 percentage points for December across maturities of various tenors30-11-2016
PNB, South Indian Bank lower lending rates for December
Punjab National Bank has cut the marginal cost of funds based lending rate by 0.05-0.10 percentage points for December across maturities of various tenorsMarginal Cost of Funds Based Lending Rate (MCLR)
Punjab National Bank has informed BSE regarding Marginal Cost of Funds Based Lending Rate (MCLR).Change of Company Secretary
Punjab National Bank has informed BSE that Shri Balbir Singh has been designated as Company secretary of the Bank w.e.f. December 01, 2016 in place of Shri A. Gopinathan who is superannuating on November 30, 2016.Change of CFO
Punjab National Bank has informed BSE that Shri P. K. Sharma, General Manager has been designated as CFO of the Bank w.e.f. December 01, 2016 in place of Shri P. K. Mohapatra who is superannuating on November 30, 2016.PNB cuts deposit rates by up to 0.25%
Bank has reduced interest rates in select maturities by 10-25 basis points on term deposits, PNB said in a statementPNB may quit IBA-wage packages, plans own salary structure
PNB s managing director Usha Ananthasubramanian said the bank has set up an internal committee which is studying the feasibility of a new wage structureInvestor Presentation
Punjab National Bank has informed BSE about Investor Presentation for the period ended September 30, 2016Punjab National Bank's Q2 results a glimmer of hope for its investors
In Q1, Punjab National Bank reported the largest quarterly loss by any Indian bank. The bank's Q2 results however show it has swung back into profitPNB Q2 profit down 11% at Rs621 crore as bad loans rise
PNB's net NPAs rose to 9.10% in the September ended quarter as against 3.99%Announces Q2 Results (Standalone) & Limited Review Report (Standalone) for the Quarter ended September 30, 2016
Punjab National Bank has announced the following Unaudited Standalone results for the quarter ended September 30, 2016:The Bank has posted a net profit of Rs. 5493.60 million for the quarter ended September 30, 2016 as compared to Rs. 6210.30 million for the quarter ended September 30, 2015. Total Income has increased from Rs. 137019.30 million for the quarter ended September 30, 2015 to Rs. 142182.70 million for the quarter ended September 30, 2016.