PNB's 5,367-crore shocker
Worst-ever quarterly loss for an Indian bank; asset review throws up 11,800 cr in bad loans18-05-2016
18-05-2016
PNB tops list of worst losses in Indian banking history
Punjab National Bank (PNB) reported a loss of Rs5,367 crore, the largest-ever loss reported by an Indian lender based on available data18-05-2016
PNB reports Q4 loss of Rs 5,367 crore, biggest in Indian banking history
An ET Now poll of analyst had expected the lender to report a profit of Rs 81 crore for the quarter.18-05-2016
Outcome of Board Meeting
Punjab National Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 18, 2016, inter alia, has not declared any dividend due to non-availability of currents year's profit.18-05-2016
Announces Q4 & FY16 Results (Standalone & Consolidated), Form A (Consolidated) & Auditors Report (Standalone & Consolidated) for the period ended March 31, 2016
Punjab National Bank has announced the following results for the quarter & year ended March 31, 2016:The Audited Standalone results for the Quarter ended March 31, 2016The Bank has posted a net loss of Rs. (53671.40) million for the quarter ended March 31, 2016 as compared to net profit of Rs. 3065.60 million for the quarter ended March 31, 2015. Total Income has decreased from Rs. 134556.50 million for the quarter ended March 31,...18-05-2016
PNB Housing Finance net up 66% in FY'16
PNB Housing Finance Ltd (PNBHFL) has reported a 66 percent increase in net profit for the year ended March 2016 at Rs 326 crore (Rs 196 crore). Total income for the year grew 52 per cent to Rs ...13-05-2016
Housing Finance profit jumps 66% to Rs 326 crore in FY'16
PNB Housing Finance, a subsidiary of Punjab National Bank, today reported a 66 per cent rise in net profit at Rs 326 crore for the fiscal ended March 2016.12-05-2016
FY16 results on May 18, 2016
Punjab National Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on May 18, 2016, to consider and take on record the Audited Annual Financial Results (standalone & consolidated) of the Bank for the quarter/year ended March 31, 2016.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)...10-05-2016
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