Clarification sought from Punjab National Bank
The Exchange has 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."The reply is awaited. Revision in Interest Rates on Domestic Term deposits
Punjab National Bank has informed BSE that the Bank has decided to revise interest rates on Domestic Term deposits w.e.f. June 08, 2015. AGM on June 30, 2015
Punjab National Bank has informed BSE that the 14th Annual General Meeting (AGM) of the Bank will be held on June 30, 2015. Extension of Additional charge of Managing Director & CEO
Punjab National Bank has informed BSE that Shri Gauri Shankar, Executive Director was vested with additional charge of Managing Director & CEO of the Bank for a period of three months w.e.f. February 09, 2015 to May 09, 2015 as per Government order dated February 09, 2015.Now, in terms of Department of Financial Services, Ministry of Finance, Government of India, New Delhi communication dated May 26, 2015, the additional charge of the Managing... Fixes Book Closure for Dividend & AGM (cut-off date for e-voting)
Punjab National Bank has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 24, 2015 to June 30, 2015 (both days inclusive) for the purpose of Payment of Dividend & 14th Annual General Meeting (AGM) of the Company to be held on June 30, 2015.Further May 22, 2015 has been fixed as Cut off date for the purpose of election of one Shareholder Director of the Bank, other than the Govt. of India.
Punjab National Bank Q4 profit drops 62% as bad loans jump
The company reports a net profit of Rs306.56 crore in the March quarter as against Rs806.35 crore a year ago PNB Q4 net slumps 62% as bad loans hurt
Punjab National Bank, India's fifth-biggest lender by assets, said quarterly net profit fell 62% as provisions for bad loans were sharply higher. 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. 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... 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.