Sell PNB with a target at Rs 78: Gaurav Bissa
PNB is a low beta stock (0.98) and is trading well below its 50-day, 100-day and 200-day moving averages placed at Rs 82.42, 91.57 and 116.12 respectively09-05-2016
09-05-2016
TTD mulls moving 7.5 tonne gold under monetisation scheme
TTD said it moved over 1.3 tonnes of yellow metal to PNB and also requested government to tweak some rules to enable it move its entire holding.30-04-2016
PNB Housing launches new home loan scheme for Rs 10,000 income and above
PNB Housing Finance Ltd has launched a special home loan scheme that can be availed by the salaried and self-employed professionals for a amount up to Rs 25 lakhs.28-04-2016
Change in Directorate
Punjab National Bank has informed BSE that Dr. Rabi N. Mishra, CGM, Principal, Reserve Bank of India Staff College, Chennai, has been nominated as Director of the Bank in place of Shri B. P. Kanungo by the Central Government vide Govt. of India, Ministry of Finance, Department of Financial Services, Notification dated April 26, 2016 with immediate effect and until further orders.27-04-2016
Revision in Ratings
Punjab National Bank has informed BSE that ICRA Ratings has revised credit rating for Banks capital bonds.26-04-2016
RBI says PNB wrote off Rs 8,500 crore but bank says zero
The Reserve Bank of India (RBI) says Punjab National Bank (PNB) wrote off over Rs 8,500 crore as non-performing assets (NPAs) in the last two years.26-04-2016
Shareholding for the Period Ended March 31, 2016
Punjab National Bank has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2016. For more details, kindly Click here21-04-2016
Tirumala temple deposits 1311 kg gold in PNB under gold monetisation scheme
Temple puts gold in short-term scheme, will prefer longer-term maturity deposits once banks offer deposits redeemable in gold19-04-2016
Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016
Punjab National Bank has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.18-04-2016
PNB launches SMS alert service in regional languages
State-owned Punjab National Bank on Wednesday said it has launched many services, including SMS alert in Hindi and other languages and Indo-Nepal Remittance.13-04-2016