PNB Q1 profit nearly halves, shares up on stable bad loan ratio
The stock jumps 6.7% as the banks bad loan ratio fell marginally in the three months to June28-07-2015
PNB Q1 profit nearly halves, shares up on stable bad loan ratio
The stock jumps 6.7% as the banks bad loan ratio fell marginally in the three months to JuneAnnounces Q1 results & Limited Review for the Quarter ended June 30, 2015
Punjab National Bank has announced the following results for the quarter ended June 30, 2015:The Unaudited Standalone results for the Quarter ended June 30, 2015The Bank has posted a net profit of Rs. 7207.10 million for the quarter ended June 30, 2015 as compared to Rs. 14051.20 million for the quarter ended June 30, 2014. Total Income has increased from Rs. 128251.30 million for the quarter ended June 30, 2014 to Rs. 134320.50 million for the quarter ended June 30, 2015.PNB's Rs 9,000-cr bad loan sale stuck due to absence of full time CEO
Punjab National Bank's ambitious bad asset sale plan of Rs 9,000 crore announced earlier this financial year, is stuck as the government is yet to appoint a full time chief executiveQ1 results on July 28, 2015
Punjab National Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on July 28, 2015 to approve Reviewed / Unaudited Financial Results of the Bank for the quarter ended June 30, 2015.Shareholding Pattern For June 30, 2015
Punjab National Bank has informed BSE about the Shareholding Pattern as on June 30, 2015.Updates on Disclosure of Voting results of AGM (Clause 35A)
Punjab National Bank has submitted to BSE a copy of the disclosure of Voting results of 14th Annual General Meeting (AGM) of the Bank held on June 30, 2015, under Clause 35A, along with Scrutinizer's Report.Disclosure of Voting results of AGM (Clause 35A)
Punjab National Bank has informed BSE regarding the details of Voting results at the 14th Annual General Meeting of the Bank held on June 30, 2015, under Clause 35A.Change in Directorate
With reference to the notice dated May 12, 2015 convening the Annual General Meeting of the Bank for 3 agenda items including Election of one Shareholder Directors of the Bank from amongst shareholders other than the Central Government:-Punjab National Bank has informed BSE that remote e-voting for the agenda items was held from June 27, 2015 to June 29, 2015 and physical voting through ballots at the AGM on June 30, 2015. As per the report...Election of one Shareholder Director
Punjab National Bank has informed BSE regarding "Election of one Shareholder Director".Punjab National Bank reply to clarification sought by the exchange
The Exchange had sought clarification from Punjab National Bank with respect to news article appearing in The Financial Express on June 16, 2015 titled "PNB seeks to sell Electrotherm, Bharati Shipyard loans to ARCs." Punjab National Bank replied stating "Acceptance of deposits, disbursement of loans, settlement of NPA accounts under compromise or by sale under SARFAESI or through ARCs etc irrespective of the value, are part of normal banking...