PNB skids over 6% as Q4 net profit slumps 61.9% YoY
PNB plunged as much as 6.3 per cent in trade on Friday, after the public sector bank reported 61.9 per cent fall in net profit.08-05-2015
08-05-2015
PNB net profit down 62% in Q4
Punjab National Bank (PNB) has reported a net profit of Rs 306.56 crore for the fourth quarter ended March 31, 2015. This represents a 62 per cent decline to the net profit of Rs 806.35...08-05-2015
PNB Shares Sink After Q4 Net Slumps 62% on Bad Loans
Silky Jain of Nirmal Bang Securities told NDTV that PNB has disappointed on all fronts, but the huge provision of Rs 3,800 crore (versus expectation of Rs 1,500 crore) is a real worry.08-05-2015
State-Run Banking Stocks Fall After PNB's Disappointing Results
Punjab National Bank on Friday reported a huge jump in bad loans, which hurt the state-run lender's profitability, and sent its shares down by as much as 6.3 per cent.08-05-2015
Board recommends Dividend
Punjab National Bank has informed BSE that the Board of Directors of the Bank at its meeting held on May 08, 2015, inter alia, have recommended Dividend of Rs. 3.30/- per equity share of Rs. 2/- each (@ 165% of the paid up capital of the Bank) for the year.08-05-2015
Announces Q4 & FY15 results & Auditors Report for the period ended March 31, 2015
Punjab National Bank has announced the following results for the quarter & year ended March 31, 2015:The Audited results for the Quarter ended March 31, 2015The Bank has posted a net profit of Rs. 3065.60 million for the quarter ended March 31, 2015 as compared to Rs. 8063.50 million for the quarter ended March 31, 2014. Total Income has increased from Rs. 124982.30 million for the quarter ended March 31, 2014 to Rs. 134556.50 million for the quarter ended March 31, 2015....08-05-2015
Reduction in Base Rate
Punjab National Bank has informed BSE that the Bank has decided to reduce its Base Rate by 25 bps from 10.25% to 10.00% w.e.f. May 07, 2015.06-05-2015
Board to consider Dividend
Punjab National Bank has informed BSE that in the meeting of the Board of Directors of the Bank to be held on May 08, 2015, the Board may also consider recommendations of Dividend, if any.06-05-2015
Change in Directorate & Cancellation of EGM on May 15, 2015
Punjab National Bank has informed BSE regarding "Change in Directorate & Cancellation of EGM on May 15, 2015".04-05-2015