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. 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.
PNB to help India Post Payments Bank set up pilot branches
India Post Payments Bank will offer an interest rate of 4.5% on deposits up to Rs25,000; 5% on deposits of Rs25,000-50,000 and 5.5% on Rs50,000-1,00,000 Q3 results on Feb 07, 2017
Punjab National Bank has informed BSE that meeting of Board of Directors of the Bank is scheduled to be held on February 07, 2017, to consider and take on record the reviewed Financial Results of the Bank for the quarter ended on December 31, 2016 (Q3).Further, as per PNB Code of Conduct and Policy for Prevention of Insider Trading & Code of Corporate Disclosure Practices in terms of SEBI (Prohibition of Insider Trading) Regulation, 2015,... Change in Directorate
Punjab National Bank has informed BSE that Shri. Gautam Premnath Khandelwal, part-time Non Official Director, ceased to be Director on the Board of the Bank w.e.f. January 24, 2017 on completion of his tenure on January 23, 2017. PNB launches Contactless Credit Card
In another digitalisation initiative, Punjab National Bank (PNB) has launched a Contactless Credit Card.This new credit card, which has been named PNB Wave N Pay --Contactless Card, was launched by... PNB, India Post Bank team up
Punjab National Bank and India Post Payments Bank have signed a memorandum of understanding, whereby PNB will provide technology platform for pilot launch of IPPB on receipt of regulatory nod from... MoU signed between Punjab National Bank (PNB) and India Post Payments Bank (IPPB)
Punjab National Bank has informed BSE that Punjab National Bank (PNB) and India Post Payments Bank (IPPB) have signed a memorandum of understanding on January 17, 2017 wherein PNB shall provide technology platform for pilot launch of IPPB on receipt of regulatory approval from Reserve Bank of India. Change in Directorate
Punjab National Bank has informed BSE that Shri Rajinder Mohan Singh, Shareholder director, ceases to be Director on the Board of the Bank w.e.f. January 16, 2017 on his resignation from this position. Shareholding for the Period Ended December 31, 2016
Punjab National Bank has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2016. For more details, kindly Click here