New Delhi, 7th January 2021: Nation’s leading public sector bank, Punjab National Bank (PNB), has announced an alliance with the prestigious Indian Institute of Technology (IIT), Kanpur & FIRST (Foundation for Innovation & Research in Science & Technology), to jointly establish
New Delhi, 28th December 2020: Punjab National Bank (PNB), India’s leading public sector bank, has now successfully completed the IT integration of all branches of erstwhile United Bank of India. This is in continuation to the IT integration of all branches of
Honours the defence forces of India on Armed Forces Flag Day on 7th December New Delhi, 05 th December Nation’s leading bank, Punjab National Bank on Saturday announced contribution towards the Armed Forces Flag Day Fund (AFFDF) for the welfare
New Delhi, 02nd December 2020: Punjab National Bank (PNB), India’s leading public sector bank, has completed IT integration of all branches of erstwhile Oriental Bank of Commerce with PNB. All customers of eOBC are now migrated to CBS of Punjab National Bank
Mumbai, Nov 2 Punjab National Bank (PNB) on Monday reported a net profit of Rs 620.81 crore for the July-September quarter. During the same period last year, the bank had reported a net profit of Rs 507.05 crore. However, the
New Delhi, October 29, 2020:As a part of the Vigilance Awareness Week, the PNB organised a Walkathon from the Police Memorial in Chanakyapuri, New Delhi. Sh. Vijay Kumar Tyagi, CVO, Sh. Vivek Jha, CGM, and Sh. Ram Kumar, Zonal Manager,
New Delhi, 29th October 2020: As a part of the Vigilance Awareness Week (VAW), the nation’s leading public sector bank, Punjab National Bank (PNB), today launched the PNB Tracking & Monitoring Staff Accountability Cases (TMSAC) portal and PNB’s 2020 Vigilance
The nation’s leading public sector bank, Punjab National Bank (PNB) with 1 lakh employees across the nation participated in the Integrity Pledge taking ceremony as a part of Vigilance Awareness Week from 27th October to 2nd November 2020. The pledge
New Delhi, October 26, 2020: As a part of a CSR initiative, the nation’s leading public sector bank, Punjab National Bank (PNB), today donated emergency vehicle to Bhaoroa Deoras Sewa Nyas. The vehicle is to be used by the Nyas
New Delhi, 28th September 2020: In line with the massive push by the government to expand CNG and PNG infrastructure across the country, Indraprastha Gas Limited (IGL), provided record number of 2.72 lakh new PNG connections in 2019-20 in its areas
New Delhi, Aug 26 The Punjab National Bank (PNB) has recovered $3.25 million (around Rs 24.33 crore) as the first tranche of recoveries upon liquidation of the assets of companies promoted by fugitive diamantaire Nirav Modi in the US. In
Key Highlights: CASA deposits up by 10.1% YOY Provision Coverage Ratio (PCR)improved significantly by 1038 bps on Y-o-Y basis and stood at80.75% CRAR as per Basel III stood at 12.63% on June 20 Net NPA ratio at 5.39% down by
Distributes COVID-19 prevention materials through 662 district offices New Delhi, August 20, 2020 – India’s second-largest public sector bank, Punjab National Bank (PNB)commencedPhase-2 of its nationwide campaign to provide COVID-19 prevention materials through its 662 district offices. The Phase-2 of
New Delhi, Aug 16, 2020:The nation’s second largest public sector bank, Punjab National Bank (PNB), celebrated 74th Independence Day at its corporate headquarters in New Delhi. Shri CH SS Malikarjuna Rao, Managing Director & CEO of the Bank (MD &
Mumbai, July 31 Punjab National Bank (PNB) will invest Rs 600 crore in PNB Housing Finance through preferential issue or rights issue among other options. In a regulatory filing on Friday, the bank said that it will infuse the amount
New Delhi, July 30 In a judgement which may have implications for the case against fugitive tycoon Vijay Mallya, the UK High Court has ruled in favour of the Punjab National Bank’s international subsidiary in a $22 million loan recovery
Mumbai, July 10 State-run Punjab National Bank (PNB) has reported a borrowal fraud of Rs 3,688.58 crore in the NPA account of the now bankrupt Dewan Housing Finance Ltd (DHFL). In a regulatory filing, the bank said that it has
New Delhi, July 10 The Board of Punjab National Bank (PNB) on Thursday approved the proposal to raise up to Rs 10,000 crore through equity and debt. In a regulatory filing, the bank said that it will seek shareholders’ approval
Mumbai, July 5 CARE Ratings has downgraded the credit rating of PNB Housing Finance’s bank borrowings, non-convertible debentures, and fixed deposits to ‘CARE AA’ from ‘CARE AA+’. The rating agency has also revised its outlook to stable from negative. In
New Delhi, June 22 After downgrading India’s outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative. The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable
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