Updates
Punjab National Bank has informed BSE that Reserve Bank of India (RBI) has imposed an aggregate penalty of Rs. 30 million (rupees thirty million only) on the Bank in exercise of powers conferred under Section 47 (A) (1) (c) read with Section 46 (4) (i) of Banking Regulation Act, 1949.The Bank has taken necessary preventive measures/comprehensive action plan to avoid its recurrence.... PNB Housing Finance readies IPO, heads to tier 2, 3 cities
PNB Housing Finance, which has set the ball rolling for a Rs 2,500-crore IPO, is looking to take its growth to the next level with a pan-India expansion to meet surging demand from tier-II and tier-III cities, a top company executive said. The post PNB Housing Finance readies IPO, heads to tier 2, 3cities appeared first on The Financial Express. Change in Directorate
Punjab National Bank has informed BSE that Shri Anil Kumar Khachi, Additional Secretary. Department of Financial Services, Ministry of Finance has been nominated as Govt. Nominee Director of the Bank in place of Shri Madnesh Kumar Mishra by the Central Government vide Govt. of India. Ministry of Finance, Department of Financial Services, Notification dated July 22, 2016 in terms of 9(3)(b) of Banking Companies (Acquisition and Transfer of Undertakings)... Updates
Punjab National Bank has informed BSE that unsecured bonds issued by bank excluding Debt instruments eligible for meeting capital requirement for the Half Year/Full Year ended March 31, 2016 in terms of the provisions of Regulation 52(4) & 52 (5). Q1 results on July 28, 2016
Punjab National Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on Thursday, July 28, 2016, inter alia, to consider, approve and take on record the following matters:1. To approve Reviewed/Unaudited Financial Results of the Bank for the 1st quarter ended on June 30, 2016 (Q1).2. Fixing date of Extra Ordinary General Meeting (EGM) for obtaining shareholder approval for Raising of Equity Capital... Revision in Credit Ratings
Punjab National Bank has informed BSE regarding "Revision in Credit Ratings - Bonds Issued by the Bank". Capital infusion to help banks clean balance sheets: Arundhati Bhattacharya
Out of the total, State Bank of India will get Rs 7,575 crore, followed by Indian Overseas Bank (Rs 3,101 crore) and Punjab National Bank (Rs 2,816 crore). Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
Punjab National Bank has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2015
Punjab National Bank, vide it's letter dated July 11, 2016, has now informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.