Change in Directorate
Punjab National Bank has informed BSE that Shri K. R. Kamath, Chairman and Managing Director appointed in the Bank with effect from October 28, 2009 under clause (a) of sub section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970/1980 read, with sub clause (1) of Clause 3 and sub clause (1) of Clause 8 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme 1970/1980 has demitted the... Announces Q2 results & Limited Review Report for Quarter ended Sept 30, 2014
Punjab National Bank has announced the following results for the quarter ended September 30, 2014:The Unaudited results for the Quarter ended September 30, 2014The Bank has posted a net profit of Rs. 5753.40 million for the quarter ended September 30, 2014 as compared to Rs. 5054.90 million for the quarter ended September 30, 2013. Total Income has increased from Rs. 116328.40 million for the quarter ended September 30, 2013 to Rs.... Shareholding Pattern For September 30, 2014
Punjab National Bank has informed BSE about the Shareholding Pattern as on September 30, 2014. Q2 results on Oct 21, 2014
Punjab National Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 21, 2014 to approve Reviewed / Unaudited Financial Results of the Bank for the Quarter / Half Year ended September 30, 2014 (Q2). Revision in Interest Rates on Deposits
Punjab National Bank has informed BSE that Bank has decided to realign the Interest rates in case of single domestic term deposit of Rs. 1 crore to Rs. 10 crore. Revision of Interest Rates on FCNR(B) Deposits
Punjab National Bank has informed BSE regarding "Revision of Interest Rates on FCNR(B) Deposits". Raising of Rs. 1000 Crore Capital by Bank through Tier-II, Basel III compliant bonds
Punjab National Bank has informed BSE as under:"Bank is raising Rs. 1000 Crore Tier-ll (Basel III compliant) Capital Bonds at an annual coupon rate of 9.25% on Private placement basis. Change in Directorate
Punjab National Bank has informed BSE that Shri B. B. Chaudhry, Part-time Non-official Director under Chartered Accountant Category on the Board of the Bank w.e.f. September 23, 2011 under sub section (3)(g) of section 9 of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause(b) of clause 9(2) of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980 ceased to be Director on... Outcome of Board Meeting (Split of Equity Shares)
Punjab National Bank has informed BSE that the Board of Directors of the Bank at its meeting held on September 19, 2014 discussed about various options of raising capital to meet Basle-Ill guidelines & also to fund the general business needs of the Bank and decided as under:- To explore the avenues for raising capital through QIP/FPO/Rights Issue.... Raising of Rs. 500 Crore capital by Bank through Tier-ll, Basel III compliant bonds
Punjab National Bank has informed BSE as under:"Bank is raising Rs. 500 Crore Tier-II Basel III compliant Bonds at an annual coupon of 9.35% on Private placement basis from September 04, 2014 to September 09, 2014 through five arrangers.