Bigul

PNB Plans Sale Of Assets Worth Rs 1,800 Crore To Recover Bad Loans

"Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and these will be put on the block during the current fiscal," PNB Managing Director Usha Ananthasubramanian told PTI.
01-03-2017
Bigul

Updates on Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017

With referennce to the earlier disclosure dated February 20, 2017, Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017, Punjab National Bank has now informed BSE that if strike takes place, the normal functioning of the branches/ offices of the bank may get affected during the day.
24-02-2017
Bigul

Fully committed to growing insurance JV with PNB, says top MetLife official

PNB MetLife has AUM of 14,327 crore and has been profitable for the last 6 years
23-02-2017
Bigul

Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017

Punjab National Bank has informed BSE regarding "Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017."
20-02-2017
Bigul

Sunil Mehta appointed non-executive Chairman of PNB

Punjab National Bank (PNB) has a new non-executive Chairman in Sunil Mehta. The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services (DFS)...
17-02-2017
Bigul

Punjab National Bank plans to drag 250 defaulters to NCLT

Priority for time-bound action, repayment
09-02-2017
Bigul

PNB Plans To Sell Non-Core Assets To Shore Up Capital

Net NPAs of the bank rose to 9.09 per cent of net advances as of December quarter from 5.86 per cent in the year-ago period.
08-02-2017
Bigul

Analysts' Meet on the Financial Results for the Q3 FY 17

Punjab National Bank has informed BSE regarding "Analysts' Meet on the Financial Results for the Q3 FY 17".
08-02-2017
Bigul

Revenues up for Punjab National Bank, profit triples for Q3

Punjab National Bank has announced standalone results for Q3, which show total incomes up 4.36% to Rs. 14,497.6 crore compared to last year's quarter. This has been driven by a boost in other income, which is up 50% to Rs. 2,513 crore. Net profit for Q3 this year is up by more than three times compared to last year's Q3, rising to Rs. 207.1 crore. ROA is up from 0.03% in last year's Q3 to 0.12% this quarter.
07-02-2017
Bigul

Announces Q3 results (Standalone) & Limited Review Report (Standalone) for the Quarter ended December 31, 2016

Punjab National Bank has announced the following Un-audited Standalone results for the quarter ended December 31, 2016:The Bank has posted a net profit of Rs. 2071.80 million for the quarter ended December 31, 2016 as compared to Rs. 510.10 million for the quarter ended December 31, 2015. Total Income has increased from Rs. 138912.00 million for the quarter ended December 31, 2015 to Rs. 144976.50 million for the quarter ended December 31, 2016.
07-02-2017
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