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, 2016.29-11-2016
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.Outcome of Board Meeting
Punjab National Bank has informed BSE that the Board of Directors of the Company at its meeting held on November 04, 2016, has considered and approved raising of Basel III Compliant Debt instruments - Perpetual Additional Tier I Capital bonds to the extent of Rs. 3000 Crore and Tier - II bonds up to Rs. 3000 Crore, subject to availability of headroom in one or more tranches.The meeting commenced at 4.30 pm & was concluded at 7.00 pm.Analysts' Meets for Q2 FY'17
Punjab National Bank has informed BSE regarding "Analysts' Meets for Q2 FY'17".PNB plans to raise Rs 6,000 cr via bonds
State-owned Punjab National Bank today said it plans to raise Rs 6,000 crore in tranches from bonds to fund business expansion. The board will be considering issuance of Basel-III compliant debt...