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Tag "Punjab national bank"

PNB celebrates the 156th Birth Anniversary of its Founding Father, Lala Lajpat Rai

PNB celebrates the 156th Birth Anniversary of its Founding Father, Lala Lajpat Rai

🕔20:30, 28.Jan 2021

Bank employees pledge to uphold his legacy and transform banking in India Felicitates Para Shooter Ms. Aakansha Choudhary forbeing awarded the  prestigious Rani Laxmi Bai Award by UP Govt New Delhi, 28th January 2021: Nation’s leading public sector bank, Punjab

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PNB celebrates Republic Day with a humanitarian cause

PNB celebrates Republic Day with a humanitarian cause

🕔09:43, 27.Jan 2021

 Contributes generously to CSR activities through ‘PNB Prerna’ initiative New Delhi, Jan 26 Nation’s leading public sector bank, Punjab National Bank (PNB) today celebrated the 72nd Republic Day with lots of patriotism and fervor.  The PNB MD & CEO Shri. S.

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PNB collaborates with IIT Kanpur & FIRST to set up Fintech Innovation Centre

PNB collaborates with IIT Kanpur & FIRST to set up Fintech Innovation Centre

🕔21:36, 7.Jan 2021

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

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PNB extends promotional retail credit offer upto March 2021

PNB extends promotional retail credit offer upto March 2021

🕔19:51, 31.Dec 2020

New Delhi, 31st December 2020: Nation’s leading public sector bank, Punjab National Bank (PNB), today announced the extension of its popular ‘PNB Festival Bonanza Offer-2020’, till 31st March 2021. The promotional scheme has been rechristened now as PNB NEW YEAR BONANZA

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Punjab National Bank culminates IT integration of all branches of erstwhile United Bank of India

Punjab National Bank culminates IT integration of all branches of erstwhile United Bank of India

🕔15:41, 29.Dec 2020

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

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Punjab National Bank contributes in the Armed Forces Flag Day fund

Punjab National Bank contributes in the Armed Forces Flag Day fund

🕔18:01, 6.Dec 2020

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

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Punjab National Bank completes IT integration of all branches of erstwhile Oriental Bank of Commerce

Punjab National Bank completes IT integration of all branches of erstwhile Oriental Bank of Commerce

🕔19:32, 2.Dec 2020

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

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Punjab National Bank Q2 FY-21 Financial Results

Punjab National Bank Q2 FY-21 Financial Results

🕔05:10, 4.Nov 2020

The nation’s leading public sector bank, Punjab National Bank, (PNB) hosted a virtual press conference today to discuss its Q2 FY 2020-21 results.  Sh CH. S. S. Mallikarjuna Rao, MD and CEO of the Bank, highlighted key point of the

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PNB’s Q2 net profit at Rs 620.8 cr, asset quality improves

PNB’s Q2 net profit at Rs 620.8 cr, asset quality improves

🕔21:25, 2.Nov 2020

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

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Pledge Taking Ceremony at PNB on Vigilance Awareness Week

Pledge Taking Ceremony at PNB on Vigilance Awareness Week

🕔05:16, 28.Oct 2020

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

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PNB recovers $3.25 mn by liquidating Nirav Modi’s US assets

PNB recovers $3.25 mn by liquidating Nirav Modi’s US assets

🕔07:35, 26.Aug 2020

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

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Punjab National Bank posts Net Profit of Rs. 308 crores in Q1 FY21

Punjab National Bank posts Net Profit of Rs. 308 crores in Q1 FY21

🕔19:10, 22.Aug 2020

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

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PNB commencesPhase-2 of nationwide CSR campaign to fight COVID-19

PNB commencesPhase-2 of nationwide CSR campaign to fight COVID-19

🕔19:28, 20.Aug 2020

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

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PNB Housing board approves raising Rs 1,800 cr equity capital

PNB Housing board approves raising Rs 1,800 cr equity capital

🕔07:42, 20.Aug 2020

Mumbai, Aug 20  The Board of PNB Housing Finance on Wednesday approved raising Rs 1,800 crore of equity capital through preferential issue or rights issue. In a regulatory filing, the housing finance company said that shareholders’ approval would be required,

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PNB to infuse Rs 600 cr in PNB Housing Finance

PNB to infuse Rs 600 cr in PNB Housing Finance

🕔17:35, 31.Jul 2020

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

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PNB win in UK court may set precedent for Mallya loan recovery

PNB win in UK court may set precedent for Mallya loan recovery

🕔07:09, 30.Jul 2020

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

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PNB reports Rs 3,688 cr borrowal fraud by DHFL

PNB reports Rs 3,688 cr borrowal fraud by DHFL

🕔07:08, 10.Jul 2020

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

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Fitch revises outlook on 9 Indian banks to negative

Fitch revises outlook on 9 Indian banks to negative

🕔17:41, 22.Jun 2020

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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PNB’s standalone Q4FY20 net loss narrows to Rs 697 cr

PNB’s standalone Q4FY20 net loss narrows to Rs 697 cr

🕔10:31, 21.Jun 2020

New Delhi, June 21  State-run lending major Punjab National Banks standalone Q4FY20 net loss narrowed to Rs 697.20 crore. The bank had posted a loss of Rs 4,750 crore during the fourth quarter of the previous fiscal. In the quarter

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Punjab National Bank’s appeal in $45m fraud claim brought in UK courts refused

Punjab National Bank’s appeal in $45m fraud claim brought in UK courts refused

🕔07:17, 6.May 2020

New Delhi, May 6 The Court of Appeal in London has refused permission for the British subsidiary of Punjab National Bank (PNB) to appeal against a judgment dismissing its $45 million claim for fraud and misrepresentation in loans given to Indian

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