Bigul

Marginal Cost of Funds Based Lending Rate (MCLR)

Punjab National Bank has informed BSE regarding "Marginal Cost of Funds Based Lending Rate (MCLR)".
30-07-2016
Bigul

Hit by NPAs, Punjab National Bank to focus on lending to better-rated firms

Although the bank gets proposals from sectors which are not performing well, it takes a conscious decision not to get into them, she said.
29-07-2016

Punjab National Bank: the devil is in the details

The road to recovery for Punjab National Bank is a long one because maintaining this pace of recovery and upgrades would be a key challenge going ahead
29-07-2016
Bigul

PNB stages a turnaround in Q1 on robust bad loan recoveries

Reports net profit of 306 cr; makes recoveries of 6,000 crore in June quarter
28-07-2016
Bigul

PNB: Not out of the woods yet

PNB's bad loans as a percentage of total loans have been steadily moving up
28-07-2016
Bigul

Analysts Meet on the Financial Results for the quarter ended June 30, 2016

Punjab National Bank has informed BSE regarding "Analysts Meet on the Financial Results for the quarter ended June 30, 2016".
28-07-2016

PNB Q1 profit falls 57% to Rs306 crore

In the June quarter, PNB's net interest income contracted to Rs3,699 crore
28-07-2016
Bigul

Outcome of Board Meeting (EGM on August 31, 2016)

Punjab National Bank has informed BSE that the Board of Directors of the Bank at its meeting held on July 28, 2016, approved convening of Extra Ordinary General Meeting (EGM) of the shareholders of the Bank on Wednesday, August 31, 2016 for approval of shareholders for issuance and allotment of such number of equity shares of face value of Rs. 2/- each to Gol on preferential basis at a price to be determined as on the 'Relevant Date', in terms of...
28-07-2016
Bigul

Announces Q1 results (Standalone) & Limited Review Report (Standalone) for the Quarter ended June 30, 2016

Punjab National Bank has announced the following Unaudited Standalone results for the quarter ended June 30, 2016:The Bank has posted a net profit of Rs. 3063.60 million for the quarter ended June 30, 2016 as compared to Rs. 7207.10 million for the quarter ended June 30, 2015. Total Income has increased from Rs. 134320.50 million for the quarter ended June 30, 2015 to Rs. 139300.00 million for the quarter ended June 30, 2016.
28-07-2016
Bigul

Buy Punjab National Bank, target Rs 175 : Ashish Maheshwari

Buy Punjab National Bank at a price target of Rs 175 and a stop loss at Rs 115.0 from entry point
26-07-2016
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