NSE stocks under F&O ban: PNB, BHEL, 2 others. Check details here

The stocks have been put on ban under the F&O segment as they have crossed 95% of the market-wide position limit (MWPL), as per the NSE
15-02-2023

SC sends to Bombay HC CBI plea against nod to Mainak Mehta to travel abroad

The Supreme Court Thursday remanded back to the Bombay High Court for fresh adjudication in four weeks an appeal filed by the CBI challenging the nod granted to Mainak Mehta, the brother-in-law of fugitive diamantaire Nirav Modi, to travel to Hong Kong. Nirav Modi is an accused in the Punjab National Bank (PNB) fraud case. The CBI has alleged that Mehta received a large sum of money siphoned off in the PNB fraud scam and transferred them to his and his wife's offshore bank accounts. A bench comprising Chief Justice DY Chandrachud and Justices PS Narasimha and J B Pardiwala said the CBI and Mehta may file additional documents in the high court within a period of two weeks and the plea will be decided within two weeks after that. The court, in its order, noted that Mehta's counsel senior advocate Amit Desai, on instruction, has agreed to give a letter of authority to the central probe agency to access the details and probe his two offshore bank accounts. The CBI plea, filed through i
09-02-2023
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PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Transcript of the Earnings Call with Analysts/Investors on Financial Results for the quarter/ nine months ended 31st December, 2022.
03-02-2023
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PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Reviewed Financial Results (Standalone and Consolidated) for the ended 31st December, 2022- Newspaper Publication.
03-02-2023

Neutral Punjab National Bank; target of Rs 50: Motilal Oswal

Motilal Oswal recommended Neutral rating on Punjab National Bank with a target price of Rs 50 in its research report dated January 30, 2023.
01-02-2023
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PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Interest Rates Updates

Revision in the Marginal Cost of Funds Based Lending Rate (MCLR)
31-01-2023

We have reached a stage where NPA recovery is more than addition: Atul Kumar Goel, PNB

If you see the gross NPA numbers in December 2021, it was 12.88% which has reduced to 9.76. Similarly if you see the net NPA number which was 4.90 in December 2021, it has reduced to 3.3 and PCR has also increased from the 81 to 85%.
31-01-2023
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