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PNB ranked best PSB for digital transactions

PNB ranked best PSB for digital transactions

🕔22:49, 25.Aug 2018

New Delhi, Aug 25 (IANS) Punjab National Bank (PNB), which was recently hit by a multi billion dollar fraud by manipulation of its financial messaging — Swift — system, has been ranked as the best PSU bank in the overall digital

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CSR ACTIVITIES BY PNB PRERNA

CSR ACTIVITIES BY PNB PRERNA

🕔09:35, 17.Aug 2018

CSR activities were organised at Head Office Dwarka New Delhi on 15th August 2018 wherein Dr.Jayanti Mehta, President, PNB Prerna distributed 24 chairs and 3 benches among the needy students of Dwarka based NGO Deep Jyoti .Under the scheme Mahila

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CSR ACTIVITY BY PNB PRERNA

CSR ACTIVITY BY PNB PRERNA

🕔19:10, 10.Aug 2018

A CSR activity was organised at Municipal Corporation Primary School ( EDMC ) Khureji Khas-First Shift, Delhi on 10th August 2018 wherein needy students of School were provided water cooler at a simple function organised by PNB Prerna at the

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Punjab National Bank Q1 net loss at Rs 940 cr

Punjab National Bank Q1 net loss at Rs 940 cr

🕔11:03, 8.Aug 2018

Mumbai, Aug 8  State-run Punjab National Bank (PNB) on Tuesday reported a net loss of Rs 940.01 crore for the first quarter of 2018-19. According to the lender, its Q1 net loss stood at Rs 940.01 crore from a net profit

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PNB MD & CEO INAUGURATED PNB’s FIRST CENTRALIZED LOAN PROCESSING CENTRE (CLPC)

PNB MD & CEO INAUGURATED PNB’s FIRST CENTRALIZED LOAN PROCESSING CENTRE (CLPC)

🕔20:30, 3.Aug 2018

Punjab National Bank in line with EASE (Enhanced Access & Service Excellence) initiative of Govt. of India under responsible & responsive banking opened its first Centralized Loan Processing Centre (CLPC) of Haryana at Bank Square, Sector 17-B, Chandigarh, which was

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PNB receives over Rs 2,800 cr capital infusion

PNB receives over Rs 2,800 cr capital infusion

🕔12:29, 24.Jul 2018

Mumbai, July 24  State-run Punjab National Bank (PNB) has received capital infusion of Rs 2,816 crore from the Central government. PNB informed the BSE in a regulatory filing on Monday that the capital infusion has been made towards contribution of

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PNB felicitated Hima Das Gold medalist

PNB felicitated Hima Das Gold medalist

🕔15:04, 23.Jul 2018

Punjab National Bank felicitated MS Hima Das, from Dhing , Nagaon, Assam who was  the Gold medalist –at the IAAF WORLD U-20 athletics  championship 2018 in the 400 meters at Tampere in Finland  . She clocked 51.46 seconds to achieve

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PNB on recovery path: Strengthens internal systems and launches new initiatives to bounce back

PNB on recovery path: Strengthens internal systems and launches new initiatives to bounce back

🕔20:30, 16.Jul 2018

PNB on track to bounce back within 6 months; customer confidence intact: PNB MD&CEO Launches Centralized Loan Processing Centre for ‘Best in Class’ Credit Appraisal and Processing New Delhi: Punjab National Bank (PNB), India’s largest nationalized bank, continues to surge

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PNB’s Mission Parivartan pushes for centralization of critical functions

PNB’s Mission Parivartan pushes for centralization of critical functions

🕔18:31, 4.Jul 2018

New Delhi, July 4, 2018: Punjab National Bank (PNB), India’s largest nationalized bank, has embarked upon a credit restructuring exercise that will ensure that large accounts as well as lending operations are concentrated in a few specially designated branches. To

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PNB sells stake in ICRA for over Rs 108 cr

PNB sells stake in ICRA for over Rs 108 cr

🕔11:03, 30.Jun 2018

Mumbai, June 30  State-run Punjab National Bank (PNB) on Friday said that it has sold its entire stake in credit ratings agency ICRA for Rs 108.60 core. According to a BSE filing, the bank sold its entire stake of 330,000

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PNB on recovery path: Strengthens internal systems and launches new initiatives to bounce back

PNB on recovery path: Strengthens internal systems and launches new initiatives to bounce back

🕔19:05, 29.Jun 2018

New Delhi: Punjab National Bank (PNB), India’s largest nationalized bank, continues to surge ahead on its recovery path and strengthen its internal systems and processes. Under ‘Mission Parivartan’, a future-facing initiative to push the bank forward on its transformation journey,

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PNB celebrates yoga day

PNB celebrates yoga day

🕔18:10, 21.Jun 2018

Shri Sunil Mehta, Managing Director & CEO of Punjab National Bank, the second largest Public Sector lender, spoke to the members of PNB Parivar, on the occasion of International Day of Yoga which was celebrated in the premises of Central

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ED seeks ‘red corner notice’ against Nirav Modi

ED seeks ‘red corner notice’ against Nirav Modi

🕔10:17, 14.Jun 2018

New Delhi, June 14  The Enforcement Directorate (ED) has requested the Interpol to issue Red Corner Notice (RCN) against absconding diamentiare Nirav Modi in connection with its probe into the Rs 13,500 crore Punjab National Bank (PNB) fraud case, agency

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Moody assigns Counterparty Risk Rating (CRR) and upgrades CR assessment of PNB to Baa3(cr) from Ba1(cr)/NP(cr)

Moody assigns Counterparty Risk Rating (CRR) and upgrades CR assessment of PNB to Baa3(cr) from Ba1(cr)/NP(cr)

🕔20:14, 12.Jun 2018

New Delhi, June 12 Following the bank’s strong recovery and the government of India’s continued support, Punjab National Bank (PNB) has been assigned Counterparty Risk Rating (CRR) from Moody’s Investors Service. PNB has managed to surpass the total amount recovered in

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Fitch downgrades PNB’s viability ratings

Fitch downgrades PNB’s viability ratings

🕔10:53, 5.Jun 2018

Mumbai, June 5  Fitch Ratings has downgraded the viability rating (VR) of state-owned Punjab National Bank (PNB) to ‘b’ from ‘bb-‘ and maintained it on rating “watch negative” (RWN). “The two-notch downgrade to PNB’s VR is a reflection of the

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PNB retirees urges confidence building measures by government

PNB retirees urges confidence building measures by government

🕔10:00, 23.May 2018

New Delhi, May 22 The Pensioners and Retirees Association of the multi-crore fraud-hit Punjab National Bank (PNB) has called upon the central government to initiate “confidence building exercise” as recent developments have “demoralised bankers” and underminned the importance of state-owned

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PNB fraud: ED seizes Rs 85 cr jewellery in Choksi case

PNB fraud: ED seizes Rs 85 cr jewellery in Choksi case

🕔09:40, 18.May 2018

New Delhi, May 18  The ED on Thursday seized over 34,000 pieces of jewellery valued at Rs 85 crore in connection with its ongoing probe against absconding businessman Mehul Choksi who is accused along with his diamantaire nephew Nirav Modi

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PNB Delhi Zone organized a Rinn Vitran Samaroh (Loan Mela) under PMMY

PNB Delhi Zone organized a Rinn Vitran Samaroh (Loan Mela) under PMMY

🕔19:20, 17.May 2018

New Delhi: Punjab National Bank Delhi Zone organized a Rinn Vitran Samaroh (Loan Mela) under Pradhan Mantri Mudra Yojana (PMMY) at Dr. Ambedkar International Centre, New Delhi, wherein 450 Mudra loans were disbursed to different beneficiaries pertaining to SC/ST/OBC/minority section

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PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout

PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout

🕔19:19, 16.May 2018

Mumbai, May 16 Shares of multi-crore fraud hit Punjab National Bank (PNB) slumped around 14 per cent (intra-day) on Wednesday, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18. Looking at

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Bank will bounce back from fraud hit in 6 months: PNB Chief

Bank will bounce back from fraud hit in 6 months: PNB Chief

🕔10:16, 2.May 2018

New Delhi, May 2  State-run Punjab National Bank (PNB) said on Tuesday that it will recover from the impact of the recent fraud in six months’ time and is actively working to improve its internal systems by incorporating analytics and

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