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Punjab National Bank

Fri 30/05/2025,9:59:59 NSE: PNB

₹ 101.67 -0.64 (-0.63%)
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Home Stock Punjab National Bank

Fri 30/05/2025,10:12:0

Punjab National Bank

Fri 30/05/2025,9:59:59 | NSE : PNB

₹ 101.67-0.64 (-0.63%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 102.71

Previous Close

₹ 102.31

Volume

4083175

Mkt Cap ( Rs. Cr)

₹116848.75

High

₹ 103.12

Low

₹ 101.54

52 Week High

₹ 138.60

52 Week Low

₹ 85.46

Book Value Per Share

₹ 110.21

Dividend Yield

2.83

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Punjab National Bank

Your Vote -

Buy

60.64%

Hold

17.67%

Sell

21.69%

60.64%

135777 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

32%

Sell Order Quantity

68%

Bid Price

Qty

101.51

9448

102.00

99813

101.00

2506

101.00

7672

101.00

2372

Bid Total

2013999

Bid Price

Qty

101.53

336

102.00

4229

102.00

1520

102.00

1516

102.00

2869

Bid Total

4373532

Option Chain

Analyzes market sentiment, predicts Punjab National Bank' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers punjab national bank stock attention, sentiment.

  • Punj. NationlBak - Intimation Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015

    28 May 2025, 6:42PM Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

  • Punj. NationlBak - General Updates

    28 May 2025, 6:42PM Punjab National Bank has informed the Exchange about General Updates

  • Punj. NationlBak - Secretarial Compliance Report As Per Regulation 24A Of SEBI (LODR) Regulations, 2015

    20 May 2025, 5:13PM Secretarial Compliance report as per Regulation 24A of SEBI (LODR) Regulations, 2015

  • Punj. NationlBak has declared 145% Final dividend for the financial year March 2025

    16 May 2025, 4:40PM Punjab National Bank on Wednesday, 07 May 2025, has announced Final dividend of 145 percent on Equity Share, to its shareholders holding shares on the

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    13 May 2025, 6:51PM Transcript of Earnings Call with Analysts/ Investors on Financial Results of the Bank for quarter/ year ended 31.03.2025

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    13 May 2025, 6:51PM Punjab National Bank has informed the Exchange about Transcript

  • Punj. NationlBak - Sale Of Stake In The Associate Of The Bank

    13 May 2025, 5:01PM Sale of stake in the Associate of the Bank

  • Punj. NationlBak - General Updates

    13 May 2025, 5:01PM Punjab National Bank has informed the Exchange about Sale of stake in the Associate of the Bank

  • Punj. NationlBak - Integrated Filing (Financial)

    7 May 2025, 11:23PM Integrated

  • Punj. NationlBak - Integrated Filing- Financial

    7 May 2025, 10:49PM Integrated Filing- Financial Results for the quarter/year ended 31.03.2025

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    7 May 2025, 9:29PM Earnings Call with Analysts/Investors on the Audited Financial Results for the quarter/ year ended 31.03.2025

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    7 May 2025, 9:25PM Punjab National Bank has informed the Exchange about Link of Recording

  • Punj. NationlBak - General Updates

    7 May 2025, 9:21PM Punjab National Bank has informed the Exchange about Related Party Transactions

  • Punj. NationlBak - Related Party Transaction For Half Year Ended 31.03.2025

    7 May 2025, 9:17PM Related Party Transaction for half year ended 31.03.2025

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

    7 May 2025, 7:01PM Press Release on the Financial Results of the Bank for quarter/ financial year ended 31.03.2025

  • Punj. NationlBak - Press Release (Revised)

    7 May 2025, 6:58PM Punjab National Bank has informed the Exchange regarding a revised press release dated May 07, 2025, titled ""Press Release on Financial Results of th

  • Punj. NationlBak - Outcome of Board Meeting-XBRL

    7 May 2025, 6:12PM Punjab National Bank has informed the Exchange regarding Outcome of Board Meeting held on 07-May-2025 for Dividend

  • Punj. NationlBak - Results For FY 2024-25

    7 May 2025, 6:01PM Results for FY 2024-25

  • Punj. NationlBak - Shareholders meeting

    7 May 2025, 5:37PM Punjab National Bank has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 27, 2025

  • Punj. NationlBak - Statement of deviation(s) or variation(s) under Reg. 32

    7 May 2025, 4:33PM Punjab National Bank has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

  • Punj. NationlBak - Press Release

    7 May 2025, 2:58PM Punjab National Bank has informed the Exchange regarding a press release dated May 07, 2025, titled ""Press Release on the Financial Results for quart

  • Punj. NationlBak - Investor Presentation

    7 May 2025, 2:53PM Punjab National Bank has informed the Exchange about Investor Presentation

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Investor Presentation

    7 May 2025, 2:53PM Analyst Presentation on the Audited Financial Results of the Bank for FY 2024-25

  • Punj. NationlBak - Outcome of Board Meeting

    7 May 2025, 2:37PM Outcome of Board Meeting under Regulation 30 and 51 of SEBI (LODR) Regulations, 2015

  • Punj. NationlBak - Corporate Action-Board approves Dividend

    7 May 2025, 5:43PM Record Date, Book closure, etc.

  • Punj. NationlBak - Annual General Meeting Of The Bank, Record Date And Book Closure

    7 May 2025, 5:36PM The Exchange is hereby informed that the 24th Annual General Meeting of the Bank will be held on Friday, 27th June, 2025 at 11.00 a.m. through VC/OAVM

  • Punj. NationlBak - Compliances-Reg. 54 - Asset Cover details

    7 May 2025, 4:40PM Security Cover certificate for quarter ended 31.03.2025

  • Punj. NationlBak - Statement Of Deviation/Variation For The Quarter Ended 31.03.2025

    7 May 2025, 4:35PM Statement of deviation/variation for QE 31.03.2025

  • Punj. NationlBak - Compliances-Reg. 52 (7) - Statement of Material Deviations in proceeds of issue of NCD / NCRP

    7 May 2025, 4:30PM Statement of deviation/variation for the quarter ended 31.03.2025

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    7 May 2025, 2:57PM Press Release on the Financial results for quarter/financial year ended 31.03.2025

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Investor Presentation

    7 May 2025, 2:52PM Analyst Presentation on the Audited Financial Results of the Bank for FY 2024-25

  • Punj. NationlBak Q4 net profit jumps 51.71% at Rs 4567.00 cr

    7 May 2025, 2:50PM The bank reported standalone net profit of Rs 4,567.00 crore for the quarter ended March 31, 2025 as compared to Rs 3010.27 crore in the same period l

  • Punj. NationlBak - Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 And 51 Of SEBI (LODR) Regulations,

    7 May 2025, 2:35PM The Exchange is hereby informed that the Board of Directors of the Bank in the meeting held today i.e. 07th May, 2025 has inter alia:\r\n\r\n? Conside

  • Punj. NationlBak - Change in Management

    6 May 2025, 3:55PM Punjab National Bank has informed the Exchange about change in Management

  • Punj. NationlBak - Revised- Change In Senior Management

    6 May 2025, 4:21PM Revised - Change in Senior Management w.e.f. 09.04.2025

  • Punj. NationlBak - Board Meeting Intimation

    3 May 2025, 8:11PM Punjab National Bank has informed the Exchange about Board Meeting to be held on 07-May-2025 to consider and approve the Yearly Audited Financial resu

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    3 May 2025, 8:10PM Earnings Call with Analysts/ Investors on Financial Results for the quarter/ year ended 31.03.2025

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    3 May 2025, 8:10PM Punjab National Bank has informed the Exchange about Schedule of meet

  • Punj. NationlBak - Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 & 50 Of SEBI (LODR) Regulatio

    3 May 2025, 8:05PM Punjab National Bankhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2025 ,inter alia, to consider and

  • Punj. NationlBak - General Updates

    30 Apr 2025, 10:03PM Punjab National Bank has informed the Exchange about General Updates

  • Punj. NationlBak - Change In MCLR

    30 Apr 2025, 10:02PM Change in MCLR

  • Punj. NationlBak - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    30 Apr 2025, 8:50PM PUNJAB NATIONAL BANK has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Change in Management

    30 Apr 2025, 8:49PM Change in KMP-Company Secretary & Compliance Officer (SEBI)

  • Punj. NationlBak - Change in Company Secretary/Compliance Officer

    30 Apr 2025, 8:48PM Punjab National Bank has informed the Exchange about Change in Company Secretary/Compliance Officer

  • RBI imposes monetary penalty on Punjab National Bank

    21 Apr 2025, 9:07AM The Reserve Bank of India (RBI) has, by an order dated April 4, 2025, imposed a monetary penalty of Rs 29.60 lakh (Rupees Twenty Nine Lakh Sixty Thous

  • Punj. NationlBak - Annual Disclosure In Terms Of SEBI Master Circular Dated May 22, 2024

    19 Apr 2025, 6:27PM Pursuant to Chapter XIV of the SEBI Master Circular dated 22.05.2024, please find enclosed the Annual Disclosure of Non-Convertible Securities for the

  • Punj. NationlBak - Action(s) taken or orders passed

    17 Apr 2025, 7:08PM Punjab National Bank has informed the Exchange about Action(s) taken or orders passed

  • Punj. NationlBak - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Imposition Of Monetary Penalty By RBI

    17 Apr 2025, 7:05PM Imposition of Monetary Penalty of Rs.29.60 Lakh by RBI

  • Punj. NationlBak - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    9 Apr 2025, 9:29PM PUNJAB NATIONAL BANK has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Change in Management

    9 Apr 2025, 9:06PM Change in Senior Management

  • Punj. NationlBak - Change in Management

    9 Apr 2025, 9:04PM Punjab National Bank has informed the Exchange about change in Management

  • Punj. NationlBak - Updates

    9 Apr 2025, 7:22PM Punjab National Bank has informed the Exchange regarding 'Change in Interest Rates'.

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Interest Rates Updates

    9 Apr 2025, 7:21PM Change in Interest Rates

  • Punj. NationlBak - Intimation Under Regulation 30 Of SEBI (LODR) Regulation, 2015

    8 Apr 2025, 8:21PM Amalgamation of RRBs sponsored by Punjab National Bank - Gazette Notification

  • Punj. NationlBak - Updates

    8 Apr 2025, 8:18PM Punjab National Bank has informed the Exchange regarding 'Intimation under Regulation 30 - Updates'.

  • Punj. NationlBak has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    8 Apr 2025, 12:20PM As of March 2025, 70.08% is owned by Indian Promoters and 29.92% by Public. <p align=justify> Institutional holds 20.38% (Insurance Companies 9.91%) a

  • Punj. NationlBak - Compliances-Half Yearly Communication - Debt Instruments

    8 Apr 2025, 11:50AM Half Yearly Statement of Debt Securities as on 31st March, 2025

  • Punj. NationlBak - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    3 Apr 2025, 6:14PM Certificate of RTA in compliance of Regulation 74(5) of the SEBI (DP) Regulations, 2018

  • Punj. NationlBak - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    3 Apr 2025, 6:14PM Punjab National Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Punj. NationlBak - Provisional Business Figures As On 31.03.2025

    2 Apr 2025, 5:13PM Provisional Business Figures as on 31.03.2025

  • Punj. NationlBak - General Updates

    2 Apr 2025, 5:13PM Punjab National Bank has informed the Exchange about Provisional Business Figures as on 31.03.2025

  • Punj. NationlBak - Change in Management

    1 Apr 2025, 7:27PM Punjab National Bank has informed the Exchange about change in Management

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Change in Management

    1 Apr 2025, 7:26PM Change in Senior Management - Update

  • Punj. NationlBak - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    1 Apr 2025, 6:01PM PUNJAB NATIONAL BANK has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • Punj. NationlBak - General Updates

    1 Apr 2025, 5:09PM Punjab National Bank has informed the Exchange about Details of the Compliance Officer and the Registrar and Share Transfer Agent for Equity and Debt

  • Punj. NationlBak - Change in Management

    1 Apr 2025, 10:20AM Punjab National Bank has informed the Exchange about change in Management

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Change in Management

    1 Apr 2025, 2:18AM Change in Senior Management

  • Punj. NationlBak - General Updates

    29 Mar 2025, 6:44PM Punjab National Bank has informed the Exchange about General Updates

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Interest Rates Updates

    29 Mar 2025, 6:44PM Chnage in Interest Rates

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    26 Mar 2025, 5:53PM Punjab National Bank has informed the Exchange about Outcome of meeting

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    26 Mar 2025, 5:57PM Outcome of Investor/Analyst Meet

  • Shri D Surendran appointed as Executive Director on the Board of Punjab National Bank

    25 Mar 2025, 10:20AM The Department of Financial Services, under the Ministry of Finance, Government of India, has appointed Shri D Surendran, Chief General Manager of Can

  • Punj. NationlBak - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    24 Mar 2025, 8:34PM PUNJAB NATIONAL BANK has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • Punj. NationlBak - Change in Director(s)

    24 Mar 2025, 8:31PM Punjab National Bank has informed the Exchange regarding Change in Director(s) of the company.

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Change in Directorate

    24 Mar 2025, 8:30PM Appointment of Shri D Surendran as Executive Director on the Board of the Bank

  • Punj. NationlBak - Trading Window-XBRL

    24 Mar 2025, 1:29PM Punjab National Bank has informed the Exchange about Closure of Trading Window

  • Punj. NationlBak - Trading Window

    20 Mar 2025, 1:17PM Punjab National Bank has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    20 Mar 2025, 1:06PM Analyst Meet

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    20 Mar 2025, 1:06PM Punjab National Bank has informed the Exchange about Schedule of meet

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    19 Mar 2025, 5:54PM Outcome of Investor/ Analyst meet

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    19 Mar 2025, 5:54PM Punjab National Bank has informed the Exchange about outcome of Analyst/Investor Meet

  • Punj. NationlBak - Action(s) taken or orders passed

    19 Mar 2025, 5:34PM Punjab National Bank has informed the Exchange about Action(s) taken or orders passed

  • Punj. NationlBak - General Updates

    19 Mar 2025, 10:59AM Punjab National Bank has informed the Exchange about General Updates

  • Punj. NationlBak - Analyst/ Investor Meet- Update

    19 Mar 2025, 10:59AM Analyst/ Investor meet- update

  • Punj. NationlBak - Intimation Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015

    19 Mar 2025, 5:35PM Imposition of Penalty by RBI

  • Punj. NationlBak - General Updates

    17 Mar 2025, 5:19PM Punjab National Bank has informed the Exchange about General Updates

  • Punj. NationlBak - Investor/ Analyst Meet- Update

    17 Mar 2025, 5:20PM Investor/ Analyst meet- update

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    13 Mar 2025, 3:55PM Investor meet

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Mar 2025, 3:55PM Punjab National Bank has informed the Exchange about Schedule of meet

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    13 Mar 2025, 3:49PM Investor meet

  • Punj. NationlBak - Credit Rating

    11 Mar 2025, 5:40PM Punjab National Bank has informed the Exchange about Credit Rating

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Credit Rating

    11 Mar 2025, 5:40PM Rating action by Fitch Ratings dated 11.03.2025

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    11 Mar 2025, 5:35PM In continuation to our intimation dated 06.03.2025, the Exchange is hereby informed that the Representatives of the Bank participated in the following

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Mar 2025, 5:35PM Punjab National Bank has informed the Exchange about outcome of Analyst/ Investor meet

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    6 Mar 2025, 7:12PM The Exchange is hereby informed that Representatives of the Bank will be participating in the following group meetings on 11th March, 2025 from 11:30

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    6 Mar 2025, 7:12PM Punjab National Bank has informed the Exchange about Schedule of meet

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    5 Mar 2025, 6:04PM In continuation to our intimation dated 04.03.2025, the Exchange is hereby informed that the Representatives of the Bank participated in a one-to-one

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Mar 2025, 6:04PM Punjab National Bank has informed the Exchange about outcome of Analyst/Investor Meet

  • Punj. NationlBak - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    4 Mar 2025, 12:44PM The Exchange is hereby informed that Representatives of the Bank are participating in a one-to-one meeting (physical) with the Representatives of Salt

  • Punj. NationlBak - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Mar 2025, 12:44PM Punjab National Bank has informed the Exchange about Schedule of meet

  • Stock Update: Punjab National Bank Q4FY25 result review

    14 May 2025 , 12:10PM Stock Update: Punjab National Bank Q4FY25 result review – Mixed Bag Q4

  • Punjab National Bank

    3 Apr 2025 , 10:33AM The bank has come out with its Q4FY25 business update where in, it has reported weak business momentum sequentially. Total advances grew 13.64% YoY & 0.64%QoQ. Deposits grew by 14.3% YoY & 2.36% QoQ. CD ratio at 71.37% vs 71.79%YoY and 72.59% QoQ. Neutral

  • Punjab National Bank

    19 Feb 2025 , 10:23AM Bank reported a fraud of Rs 271 crore in the NPA account of Gupta Power Infra in Bhubaneswar. Provisions of Rs 271 crore have been made as per prudential norms. Neutral

  • Stock Update: Punjab National Bank Q3FY25 results

    1 Feb 2025 , 12:38PM Stock Update: Punjab National Bank Q3FY25 results – Provision write-back drives Q3

  • PNB Q3FY25 results

    31 Jan 2025 , 2:38PM PNB Q3FY25 results: Provisions write back drives earnings beat and steady RoA at ~1%.

  • Punjab National Bank

    17 Jan 2025 , 10:43AM The bank has appointed Mr. Ashok Chandra as the managing director and chief executive officer, effective from Jan.16.

  • Punjab National Bank

    2 Jan 2025 , 2:49PM The bank has released its Q3FY25 business update and reported strong business momentum. Gross advances grew by 15% yoy/ 5% qoq. Domestic advances grew by 14% yoy/ 5% qoq. Total deposits grew by 16% yoy / 5% qoq. CD ratio at 72.7% vs 72.8% qoq. Positive read through

  • Punjab National Bank

    11 Dec 2024 , 11:14AM The PMLA Court in Mumbai has given the go ahead to monetize properties worth Rs 2565.90 crore, seized by the Enforcement Directorate, in the Mehul Choksi fraud case. Shares of PNB reacted to the development sharply, rising close to 2% in the final hours of trade, in anticipation of recovery of dues in the long-pending case. Positive

  • Stock Update: Punjab National Bank

    21 Nov 2024 , 10:24AM Stock Update: Punjab National Bank - RoA hits ~1%

  • Punjab National Bank

    24 Sep 2024 , 9:59AM The bank to raise equity capital through QIP for Rs.2500 crore with a green shoe option upto Rs. 7500 crore. Floor price is 109.16 per share. QIP indicative price is 103.75 after discount to the floor price. No positive impact on Book value per share as funds are raised marginally above the existing book value per share of ~101.6 as at June 2025. Post issue, book value is 101.7 per share. Neutral read through

  • SBI, Punjab National Bank

    19 Aug 2024 , 1:42PM The Karnataka state government has put the circular ordering all departments to close their accounts with the State Bank of India and Punjab National Bank on hold for 15 days. The banks have written to the government, requesting a 15-day period to resolve the matter

  • SBI, Punjab National Bank

    16 Aug 2024 , 11:18AM Karnataka state government ordered all departments to close their accounts with the State Bank of India and Punjab National Bank, citing alleged financial irregularities. All state government departments, public undertakings, corporations, boards, local bodies, universities, and other institutions must withdraw their deposits and investments from these banks. The impact of the order would depend upon the quantum of deposit held by these banks. Sentimentally negative for SBI & PNB as outflows would immediately impact deposit growth in near term given deposit growth is currently challenging for the sector however they have a lower CD ratio which would provide some comfort.

  • Punjab National Bank: The bank has released its business update for Q1FY25

    5 Jul 2024 , 10:05AM Punjab National Bank: The bank has released its business update for Q1FY25 – Strong Q1

  • Punjab National Bank

    5 Jun 2024 , 11:18AM Punjab National Bank: The board approves diluting 10% stake in Canara HSBC Life Insurance via IPO.

  • Punjab National Bank

    3 Jun 2024 , 12:37PM The bank has increased its marginal cost of funds-based lending rate by 5 bps on 3-month to 3-year tenures, with effect from June 1.

  • Stock Update: Punjab National Bank

    13 May 2024 , 11:00AM Stock Update: Punjab National Bank – Q4FY24 results - Mixed bag Q4, RoA on track to rise

  • Punjab National Bank

    8 Apr 2024 , 11:10AM The bank reported in line performance in Q4FY24. Gross advances grew by 12% y-o-y /2% q-o-q. Total deposits grew by 7% y-o-y /4% q-o-q. CASA deposits grew by 3% y-o-y/ 1% q-o-q.

  • Stock Update: Punjab National Bank

    18 Mar 2024 , 11:05AM Stock Update: Punjab National Bank - On track to clock strong earnings.

  • Punjab National Bank

    3 Jan 2024 , 11:16AM • The bank reported loan growth of 14%y-o-y/3% q-o-q in Q3FY24 (vs Q2 at 3% q-o-q) driven by domestic advances growth (3% q-o-q) Total deposits grew by 9% y-o-y / 1% q-o-q. CD ratio at 73.5% vs 71.9% q-o-q / 70.8% y-o-y.

  • Punjab National Bank

    29 Dec 2023 , 11:12AM The bank approved raising equity capital up to Rs 7,500 crore in one or more tranches during 2024-25.

  • Stock Update: Punjab National Bank

    6 Dec 2023 , 11:23AM Stock Update: Punjab National Bank– Return ratios on comeback path

  • Stock Update: Punjab National Bank Q2FY24 results

    27 Oct 2023 , 10:56AM Stock Update: Punjab National Bank Q2FY24 results – Strong Q2, raising hopes for faster RoA improvement

  • REC Ltd & PNB

    27 Sep 2023 , 10:02AM REC has signed a memorandum of understanding (MoU) with Punjab National Bank to jointly explore the possibility to fund the power sector, infra & logistics sector projects under the consortium arrangement. They are expected to co-finance loans amounting to ₹55,000 crore over next three years. Positive for both REC & PNB.

  • Stock Update: Punjab National Bank

    15 Sep 2023 , 11:11AM Stock Update: Punjab National Bank – RoA on improvement path

  • Punjab National Bank

    31 Mar 2023 , 1:44PM Punjab National Bank: The Board has approved raising of capital up to Rs 12,000 crore in FY24 through issuance of bonds in one or more tranche.

  • Punjab National Bank

    24 Mar 2023 , 12:25PM Board meeting is scheduled on Wednesday, 29 March, 2023 for considering the proposal for raising of capital for FY24 via the issuance of Basel-Ill compliant additional tier-1 bonds and tier-II bonds, in one or more tranches.

  • Stock Update: Punjab National Bank

    10 Mar 2023 , 11:51AM Stock Update: Punjab National Bank– Better core ROA to drive outperformance

  • Stock Update: Punjab National Bank

    27 Dec 2022 , 10:16AM Stock Update: Punjab National Bank– Strong outlook; stay long

  • Punjab National Bank

    25 Nov 2022 , 11:29AM Bank gets government approval to divest 15.22% stake in UTI AMC. Positive for the stock as it would further strengthen capital ratios.

  • Stock Update: Punjab National Bank

    25 Nov 2022 , 11:14AM Stock Update: Punjab National Bank– Tide turning positive; upgrade to Buy

  • Punjab National Bank

    22 Sep 2022 , 10:47AM Bank has raised Rs 658 crore by issuing Basel III compliant additional Tier-1 bonds at a coupon rate of 8.3 percent per annum.

  • Punjab National Bank

    9 Jun 2022 , 11:38AM Punjab National Bank increases repo linked lending rate. It has revised its repo linked lending rate to 7.40 percent from June 9, from 6.90 percent earlier. The bank has taken this decision after the RBI hiked repo rate.

  • Punjab National Bank

    8 Jun 2022 , 12:20PM PNB: Bank has approved an investment of Rs 500 crore by participating in the rights issue of PNB Housing Finance. PNB Housing Finance is looking to raise Rs 2,000 crore by issuing non-convertible debentures (NCD) on a private placement basis.

  • Punjab National Bank – Q4 FY2021 Result Review

    8 Jun 2021 , 10:58AM Punjab National Bank – Q4 FY2021 Result Review – Weak performance, challenges persist

  • Punjab National Bank

    8 Jun 2021 , 10:30AM Punjab National Bank: The RBI has imposed a penalty of Rs 2 crore on the bank for non-compliance with the directions on identification and reporting of frauds and inaccurate data reporting on CRILIC platform, for the years 2017-18 and 2018-19.

  • Punjab National Bank – Q4 FY2021 Result First Cut Review

    7 Jun 2021 , 9:59AM Punjab National Bank – Q4 FY2021 Result First Cut Review - Weak results

  • Punjab National Bank

    1 Jun 2021 , 11:07AM Punjab National Bank: The bank has reduced its benchmark one-year marginal cost of funds-based lending rate by 0.05 percent to 7.30 percent.

  • Punjab National Bank

    31 May 2021 , 11:26AM The bank has informaed that it intends to divest its stake in Canara HSBC OBC Life Insurance Co. Ltd., an associate company of the Bank, at an appropriate time depending upon market conditions and available options. Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%).

  • Punjab National Bank

    26 May 2021 , 11:08AM The Punjab National Bank (PNB) has reduced its doorstep banking service charges to Rs 50 to encourage people to get cash delivered to their homes amid restrictions in place due to the second wave of the COVID-19 pandemic. The move comes at a time when the nation is under the grip of the second wave of the COVID-19 pandemic and people are avoiding stepping out of their homes.

  • Punjab National Bank

    17 May 2021 , 9:19AM The bank has raised Rs 1,800 crore by selling 53 crore shares at an issue price of Rs 33.75 per unit on a private placement basis to investors like LIC and Societe Generale, BNP Paribas Arbitrage, Morgan Stanley Asia (Singapore) Pte etc. Post the issue, the Equity dilution would have been (as per calculations) of 5% with Networth addition of 2%, but with BVPS declining by 3%.

  • Punjab National Bank

    12 May 2021 , 9:17AM As per media reports Punjab National Bank (PNB) may have to end up providing Rs 500 crore in FY2021 towards the erosion of its investment in Kazakhstan’s JSC Tengri Bank. So far the 9M FY2021 consolidated profit of Rs 1,861 crore of PNB. It has already provided Rs 341.59 crore in Q2 FY2021. PNB is the largest shareholder with a 41.64% stake in Tengri Bank, which has nine branches in the Central Asian country. In 2019 it planned to merge with Capital Bank Kazakhstan and AsiaCredit JSC as part of the regulator driven consolidation due to high industry level bad loans but was subsequently called off. The local financial regulator revoked its licence in September last year citing high nonperforming assets and, this February, a Kazakh court ordered to terminate its operations.

  • PNB to raise fund from share sale. Stock down

    11 May 2021 , 10:31AM PNB slips by 5% to Rs. 33.75, after bank launches Rs. 1800 crore share sale

  • Punjab National Bank

    11 May 2021 , 9:08AM Punjab National Bank (PNB) is looking to raise up to Rs 1,800 crore by selling shares to institutional investors, about 44% its targeted fund raising announced earlier. The state-owned lender has set the floor price for the sale at Rs 35.51 per equity share. The PNB board approved the floor price and the launch of the issue and its capital raising committee will meet again on May 14 to consider and determine the issue price, including up to 5% discount on the floor price. At floor price, as per calculations the issue will result in Equity dilution of 4.8%, Networth addition of 2% and BVPS will dilute by 2.7%. However, the issue is likely to add ~22 BPS of Tier1 capital. PNB had raised Rs 3,788 crore in QIP in December last year, about 46% short of the Rs 7,000-crore target. Later, it had said that it would look to raise the balance Rs3,200 crore early this year.

  • Punjab National Bank

    3 May 2021 , 10:17AM Mr Agyey Kumar Azad, Executive Director, has ceased to be the director on board of the bank on his superannuation.

  • Punjab National Bank

    18 Mar 2021 , 11:56AM Punjab National Bank (PNB) has set up a wholly owned subsidiary to manage its Rs 300-crore credit card business. PNB Cards & Services has been incorporated on March 16 to undertake the non-financial support services related to the bank’s credit card operation with a paid-up capital of the new subsidiary at Rs 15 crore. As of March 31, 2020, PNB had issued about 3.5 lakh cards with a portfolio size of about Rs 300 crore. The cards are issued on VISA & Rupay platforms.

  • Punjab National Bank – Q3FY2021

    9 Feb 2021 , 2:54PM Punjab National Bank – Q3FY2021 – Asset-quality woes continue

  • Punjab National Bank – Q3 FY2021

    8 Feb 2021 , 11:00AM Punjab National Bank – Q3 FY2021 – First Cut - Asset quality woes continue

  • Punjab National Bank

    5 Feb 2021 , 10:59AM As per media reports, the Enforcement Directorate (ED) has attached assets worth Rs 14.45 crore belonging to the Gitanjali Group of companies and its director Mehul Choksi, an accused in the Punjab National Bank (PNB) fraud. The ED had earlier attached properties worth more than Rs 2,550 crore in the case. The federal agency had launched a money-laundering case against Choksi, Gitanjali Gems and some others who are accused of cheating PNB in connivance with certain bank officials.

  • Punjab National Bank

    21 Dec 2020 , 11:14AM The bank has declared the closure of the QIP and has issued of 106.705 crores Equity Shares at an Issue Price of Rs 35.50 per Equity Share (including a premium of Rs.33.50 per Equity Share), which includes a discount of 4.95% (i.e. Rs. 1.85 per Equity Share) to the Floor Price of Rs.37.35 per Equity Share aggregating to Rs. 3788.04 to be allotted to eligible Qualified Institutional Buyers in the QIP. Post the issue of shares, as per calculations the CRAR will be increased by ~60BPS, the Networth will increase by 4.4% but Book Value per share will reduce by 6.4% and Equity will be diluted by 11.3%. The equity raise was much smaller, ~54% of the earlier target of Rs 7000 crores.

  • PNB looking to raise up to Rs. 7000 cr via QIP

    16 Dec 2020 , 11:10AM PNB set the floor price for its proposed QIP of Rs. 7,000 crore at Rs. 37.35 per share

  • Punjab National Bank

    16 Dec 2020 , 9:35AM Punjab National Bank: The bank has authorized the opening of its QIP Issue of Rs 7000 crores at the floor price of Rs 37.35 per Equity Share and the Bank may, at its discretion offer a discount of not more than 5% on the Floor Price. Calculation If considering the Indicative price of Rs 35.5 per share (after the 5% discount) indicates the issue will result in Equity dilution of 21% and while the Networth will increase by 8.05%. The share issue will add ~113BPS of Tier 1 to the bank, and Tier 1 will be ~11.5%. However, PNB’s book value per share will reduce by 10.7% to Rs 82.6 per share. Also, the Govt stake will reduce from present 85.6% to 70.8%.

  • Punjab National Bank

    10 Dec 2020 , 12:41PM As per media reports, the bank has said that it has restructured Rs 560 crores in MSME sector so far and has got requests for restructuring of accounts worth Rs 18000 crores. It has board’s approval to raise Rs 14000 crores, and intends to raise Rs 7000 crores via equity around next week. It has guided to Credit cost for FY21E to be at 2.25%-2.5% and for FY22E at 1.25-1.5%. It expects GNPA and NNPA to be less than 15% & 5% by FY21 respectively and has identified Rs 4600 crore loans which may slip to NPA ex-Supreme Court judgement.

  • Punjab National Bank

    23 Nov 2020 , 10:55AM Rating agency ICRA has revised rating on bank's Basel III Compliant Tier II bonds to AA (hyb) (Stable) from AA- (hyb) (Stable)

  • Punjab National Bank

    4 Nov 2020 , 11:59AM Punjab National Bank plans to raise Rs 7,000 crore through a share sale to institutional investors by December. The bank has got approval from the government and is in the process of finalising the BRLM (book running lead manager). It is planning to raise money in the second or third week of December.

  • Punjab National Bank – Q2FY2020 Result Update

    4 Nov 2020 , 10:28AM Punjab National Bank – Q2FY2020 Result Update: Mixed Q2, asset quality outlook stays weak

  • Punjab National Bank – Q2 FY2021 Results

    3 Nov 2020 , 10:38AM Punjab National Bank – Q2 FY2021 Results First Cut – Mixed results

  • Punjab National Bank

    15 Oct 2020 , 11:22AM India Ratings and Research has upgraded the bank’s long-term issuer ratings to ‘IND AAA’ from ‘IND AA+’ while resolving the rating watch evolving. The outlook is 'Stable'.

  • Punjab National Bank

    1 Oct 2020 , 11:27AM Punjab National Bank (PNB) reported a borrowal fraud of Rs 1,203.26 crore in the non-performing assets (NPA) account of Sintex Industries Ltd. (SIL). Bank has already made provisions amounting to Rs 215.21 crore, as per prescribed prudential norms for this and may have to make further provisions over several quarters. Other lenders like Bank of Baroda, RBL Bank also have exposure to the company which has been classified as NPA with most lenders.

  • Punjab National Bank

    30 Sep 2020 , 9:41AM As per media reports, The Reserve Bank of India (RBI) has told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank (LVB) in case the beleaguered lender’s proposed transaction with Clix Capital does not materialise. Apart from PNB, another public sector bank has also been asked to look into the books of LVB. In the meantime, Clix Capital has insisted that its directors should be indemnified from any future claims made against the bank after the merger.

  • Stock in news: PNB Housing Finance

    27 Aug 2020 , 12:35PM PNB Housing Finance rises over 9% to Rs. 308.9, in strong market

  • Punjab National Bank

    26 Aug 2020 , 10:12AM Punjab National Bank (PNB) has received Rs 24.33 crore as the first tranche of recoveries in the Nirav Modi case. PNB had suffered heavily due to the Rs 14,000 crore Nirav Modi scam, which was unearthed in 2018. Upon liquidation of the debtors’ assets by the US Chapter 11 Trustee, a sum of Rs 82.66 crore is available for distribution to unsecured creditors including PNB. Further, recovery therefrom is subject to other expenses and settlement of claims of other claimants. – Sentimentally Positive. While the quantum of recovery is small against the total fraud amount, the acknowledgement of PNB’s claims is an important step for further recovery of the amount.

  • Punjab National Bank

    25 Aug 2020 , 10:54AM Punjab National Bank – Q1FY2020 Result Update: Asset-quality outlook continues to be weak

  • Punjab National Bank

    24 Aug 2020 , 10:27AM Punjab National Bank – Q1 FY21 Result Review – First Cut – Asset quality niggles continue

  • Punjab National Bank

    19 Aug 2020 , 11:09AM In a major breakthrough for the Ministry of Corporate Affairs (MCA) and Punjab National Bank in the Nirav Modi scam, the US Bankruptcy court has recognised the claim of Punjab National Bank (PNB) on proceeds of any asset sold by the American debtors of Nirav Modi entities. Sentimentally Positive

  • Punjab National Bank

    18 Aug 2020 , 10:07AM ICRA Ratings has maintained the Rating of its debt instruments but revised the rating outlook from “Rating watch with negative implications” to “Stable” for the bank.

  • Punjab National Bank

    5 Aug 2020 , 3:07PM Shareholder grants approval for Raising of Equity Share Capital for an amount upto Rs.7000 Crore through Qualified Institutional Placement (QIP) / Further Public Offer (FPO)/Rights Issue etc subject to receipt of requisite approvals

  • Punjab National Bank

    3 Aug 2020 , 11:56AM Punjab National Bank has slashed MCLR rates by 25 bps across all tenor and have been effective from 1st August 2020. MCLR for the three months, six months and 1-year tenure stands at 7.2%, 7.4% and 7.6% respectively.

  • Punjab National Bank

    31 Jul 2020 , 2:06PM The PNB has announced to infuse capital of an amount upto Rs.600 Crore in PNB Housing Finance Ltd. (PNBHFL), an Associate of the Bank, through Preferential Issue/Rights Issue etc. subject to Regulatory Approvals, as and when PNBHFL decides to raise capital. Sentimentally positive for PNBHFL Housing.

  • Punjab National Bank

    13 Jul 2020 , 11:26AM The state-run lender reported a Rs 3,688.58 crore borrowal fraud in the NPA account of the now-bankrupt Dewan Housing Finance. the bank said it has already made provisions regarding the same, amounting to Rs 1,695 crore. The loan is already under NPA category.

  • Punjab National Bank

    10 Jul 2020 , 9:52AM The bank’s board has approved raising up to Rs 10,000 crore via QIP, FPO, rights issue or any other mode; and sought shareholders nod to raise Rs 7,000 crore in equity capital at its AGM. Also, the bank has reported fraud of Rs 3,688 crore in NPA A/c of DHFL to RBI. The bank has already made provisions of Rs 1,246.58 crore as per norms.

  • PNB reports fraud of Rs. 3,688.58 crore. Stock down

    10 Jul 2020 , 9:43AM PNB reports fraud of Rs. 3,688.58 crore in DHFL account

  • Punjab National Bank

    7 Jul 2020 , 10:44AM State-owned Punjab National Bank (PNB) on Monday said its board will consider a proposal to raise capital through a mix of both equity and debt on July 9.

  • Punjab National Bank

    23 Jun 2020 , 11:19AM Punjab National Bank – Q4 FY20 Result Update: Mixed Performance

  • Punjab National Bank

    22 Jun 2020 , 11:17AM Punjab National Bank – Q4 FY20 First Cut – Mixed Performance

  • Punjab National Bank

    11 Jun 2020 , 9:41AM The Enforcement Directorate (ED) on Wednesday brought back over 2300 kg estimated to be worth of Rs 1350 crore belonging to firms of Nirav Modi and Mehul Choksi. – Sentimentally Positive for PNB which had earlier reported a fraud of Rs 14000 crores.

  • Punjab National Bank

    2 Jun 2020 , 11:10AM The bank has reduced its repo-linked lending rate (RLLR) by 40 basis points (bps) to 6.65% from 7.05%. It also has further reduced its term deposit rates in various maturities bucket with a maximum rate of 5.50% for deposits of specified maturities, at the same time.

  • Punjab National Bank

    1 Jun 2020 , 12:39PM Punjab National Bank has reduced its MCLR rates by 15 bps across all tenures.

  • Punjab National Bank

    13 Apr 2020 , 11:23AM As per media reports, Punjab National Bank (PNB) will retain stake in two life insurance ventures after receiving an approval from the Insurance Regulatory and Development Authority of India (IRDAI). Following the merger of Oriental Bank of Commerce with PNB 23 % of stake of the former in Canara HSBC OBC Life Insurance stands transferred to the latter. PNB is already a promoter of PNB Metlife Insurance with stake of 30% since 2012.

  • Punjab National Bank

    10 Feb 2020 , 1:08PM Punjab National Bank – Q3FY2020 Result Update

  • PNB slips after CRISIL places bonds on rating watch

    18 Dec 2019 , 1:10PM CRISIL changes Punjab National Bank's outlook to 'rating watch with developing implications' from stable

  • Punjab National Bank

    16 Dec 2019 , 11:25AM Punjab National Bank (PNB) has stated that it had under-reported its non-performing assets (NPAs) by Rs 2,617 crore for the fiscal year 2018-19, as per RBI's risk-assessment report. Also, the divergence in provisioning for bad loans in FY19 was to the tune of Rs 2,091 crore. Consequently, based on the divergence assessed by RBI in provisioning for bad loans, PNB would have reported a net loss of Rs 11,335.90 crore for FY19 as opposed to a net loss of Rs 9,975.49 crore. - Sentimentally negative

  • Punjab National Bank

    19 Nov 2019 , 12:09PM As per media reports, the bank has received in-principle approval for amalgamation with Oriental Bank of Commerce and United Bank of India – Neutral read thru

  • Punjab National Bank

    5 Nov 2019 , 3:35PM Punjab National Bank – Q2FY20 results first cut: Weak results

  • Punjab National Bank

    1 Oct 2019 , 12:24PM The bank has received Rs3000 crore from The Government of India as a part of capital infusion plan which was announced earlier – Neutral read thru

  • Bank consolidation – Remain Cautious, retain Buy on SBI and PNB

    3 Sep 2019 , 10:52AM Government has announced consolidation of 10 PSU banks into four

  • Punjab National Bank (PNB): Q1FY20 Results First Cut – Mixed results

    26 Jul 2019 , 3:23PM Punjab National Bank (PNB): Q1FY20 Results First Cut – Mixed results

  • PNB plunges on detecting borrowal fraud

    8 Jul 2019 , 11:51AM Punjab National Bank declines over 11% to Rs. 72.6, after bank reports a borrowal fraud of Rs. 3805.15 crore in non-performing asset account of Bhushan Power & Steel

  • PNB sells stake in PNB Housing Fin for Rs. 1851.60 crore

    29 Mar 2019 , 12:03PM PNB will sell its stake in PNB Housing Finance to General Atlantic and Varde Partners for Rs. 1,851.60 crore

  • Shareholders of PNB gives nod to allot shares on preferential basis

    29 Mar 2019 , 10:57AM Punjab National Bank (PNB): Shareholders of PNB gave approval to issue and allot 80.2crore shares at a premium of Rs 71.66/share aggregating to Rs 5,908crore to government if India on preferential basis – Even though capital infusion is a welcome step, the infusion is at below book value (BV) and hence will be BV dilutive. Sentimentally negative

  • PNB to cut lending rates by 10 bps

    28 Feb 2019 , 10:12AM Reduction in marginal cost of funds based lending rate (MCLR)

  • Fitch ratings has affirms PNB's Long-Term Issuer Default Rating

    28 Nov 2018 , 11:28AM Punjab National Bank: Fitch ratings has affirmed PNB's Long-Term Issuer Default Rating (IDR) at BBB- and its Viability ratings at 'B' while removing it from Rating Watch Negative - Positive read thru

  • PNB drop plans to sell stake in PNB Housing

    10 Oct 2018 , 12:37PM PNB surges over 4% to Rs. 65.4, after a report suggest that the state-run bank scrap its plan to sale its stake in housing finance unit PNB Housing Finance Ltd

  • PNB board okays to raise fund from govt

    28 Sep 2018 , 2:38PM Punjab National Bank to raise Rs. 5431 crore via preferential issue to the government

  • Blackstone only one to make all-cash bid

    21 Sep 2018 , 10:52AM Punjab National Bank, PNB Housing Finance: Private equity fund Blackstone is the sole bidder to express an all-cash deal interest to buy out PNB Housing Finance. The promoters are likely to shortlist seven investors in the first round by this weekend. This is as per media reports. – Positive read thru for PNB, Neutral read thru for PNB Housing

  • Punjab National Bank: Q1FY19 results Update

    9 Aug 2018 , 12:02PM Punjab National Bank: Q1FY19 results Update - Yet to fully emerge from woods

  • Punjab National Bank: Q1FY19 results first cut

    7 Aug 2018 , 1:40PM Punjab National Bank: Q1FY19 results first cut – Mixed performance

  • PNB invites bids for sale of stake

    26 Jul 2018 , 11:37AM PNB invites bids for sale of stake in PNB Housing Finance

  • PNB gets Rs2,816 cr capital infusion from govt

    24 Jul 2018 , 3:23PM PNB receives Rs2816 crore as capital infusion from government

  • PNB gets Rs2,816 cr capital infusion from govt

    24 Jul 2018 , 12:30PM PNB receives capital infusion of Rs 2816 crore towards contribution of the central government in the preferential allotment of equity shares

  • PNB, Carlyle group to sell stake in PNB Housing Finance

    11 Jul 2018 , 11:34AM Punjab National Bank and the Carlyle Group-backed investment firm Quality Investment Holdings plan to sell their stake in PNB Housing Finance Ltd

  • PNB, Carlyle group to sell stake in PNB Housing Finance

    11 Jul 2018 , 11:33AM Punjab National Bank and the Carlyle Group-backed investment firm Quality Investment Holdings plan to sell their stake in PNB Housing Finance Ltd

  • Punjab National Bank – Q4FY18 Result Update: Disappointing performance, grim outlook

    6 Jun 2018 , 10:36AM We maintain Reduce rating on the stock with Price Target under review.

  • PNB plans to sell Delhi headquarter for Rs1300 cr

    1 Jun 2018 , 2:58PM PNB plans to sell off its non-core assets, and a deal for selling off Bhikaji Cama Place property, estimated for Rs1300 crore

  • Punjab National Bank reports disappointing results

    16 May 2018 , 11:09AM We have a reduce rating on the stock and would come out with detailed note post management interaction.

  • Banking sector finds major anomalies in banking sector

    27 Apr 2018 , 12:17PM Sentimentally negative as this may elongate the correction phase for PSU Banks

  • Fitch downgrades PNB's viability rating to BB-

    11 Apr 2018 , 10:13AM Negative read through for PNB

  • RBI accepts PNB's request to spread losses

    5 Apr 2018 , 10:12AM Sentimentally positive for Punjab National Bank.

  • PNB has stated that it will honour the 352 maturing letters of undertaking (LoUs) and foreign letters of credit (FLCs) issued by it, collectively worth Rs 6,500 crore.

    2 Apr 2018 , 10:47AM Negative read through

  • PNB expects Rs 14,500 crore loss

    22 Mar 2018 , 9:45AM Negative read through for PNB as it expects Rs 14,500 crore loss on account of frauds in this financial year.

  • PNB to pay half the scam before 31st March

    19 Mar 2018 , 10:03AM RBI is expected to call a meeting soon to resolve the issue between the banks.

  • PNB uncovers additional exposure of Rs. 942 cr to Nirav Modi

    14 Mar 2018 , 9:22AM Negative read through for Punjab National Bank as it has informed that it has uncovered additional exposure of about Rs942 crore to the Nirav Modi / Gitanjali gems which is now being added to the existing amount.

  • PNB given 1-year time frame to provide Rs.12700 cr

    9 Mar 2018 , 9:46AM Sentimentally positive as we the Bank may be given one year time frame to provide against the Rs.12700 crore fraud, as per media reports

  • The extent of the Nirav Modi fraud can rise beyond $2 billion

    7 Mar 2018 , 10:50AM Negative read through for Punjab National Bank as the extent of the Nirav Modi fraud at Punjab National Bank could rise beyond the nearly $2 billion mark so far outlined by the lender

  • PNB to compensate a major part of the loss to other banks

    26 Feb 2018 , 11:39AM Negative read through but on expected lines for PNB.

  • Government might increase recapitalization of PNB

    22 Feb 2018 , 10:00AM Stock to be in focus as The government may increase the recapitalization amount earlier announced for PNB in light of the recent unravelling of the Rs 11500 crore fraud

  • Various Banks are said to have exposures to the $1.8 billion fraud at PNB’s Mumbai Branch

    16 Feb 2018 , 10:58AM Stocks to remain in focus as many other banks are said to have exposures to the $1.8 billion fraud at PNB’s Mumbai Branch

  • PNB detects fraudulent transactions of over $1771.69 mn

    14 Feb 2018 , 12:02PM PNB slips by 8% at Rs149, after it has detected a $1771.69 million fraud at a single branch in Mumbai

  • PNB Hikes Interest on Term Deposits by up To 1.25%

    1 Jan 2018 , 10:29AM Sentimentally negative as PNB Hikes Interest on Term Deposits by up To 1.25% which indicates short term liquidity tightening

  • Punjab National Bank completed raising Rs 5000 cr

    19 Dec 2017 , 11:35AM Positive read through for Punjab National Bank as it allotted 29.76 lakh equity shares at a price of Rs.168 per share to Qualified Institutional Buyers.

  • PNB board approves opening of QIP

    12 Dec 2017 , 3:29PM Positive read through for PNB as it will raise up to Rs. 5000 cr for the bank.

  • PNB to raise funds via QIP

    5 Dec 2017 , 10:37AM Punjab National Bank to raise Rs5000 crore via QIP or rights issue, gets shareholders approval.

  • PNB raises above bulk deposit rates

    1 Dec 2017 , 2:26PM The move is sentimentally negative as it reflects the relative liquidity in the system

  • PNB to raise funds via OFS

    28 Nov 2017 , 8:49AM Punjab National Bank looks to raise over Rs 1,324.21 crore by diluting 6 per cent holding in subsidiary firm PNB Housing Finance in an offer for sale (OFS) .

  • PNB Q2 results better than expected

    8 Nov 2017 , 12:37PM Punjab National Bank Q2FY18 results show slight improvement in asset quality

  • PNB plans to raise Rs5000 Cr

    7 Nov 2017 , 9:09AM Punjab National Bank to raise funds of ~Rs5000 Cr via QIP.

  • PNB Q2 results better than expected performance

    3 Nov 2017 , 12:55PM Punjab National Bank has posted a better than expected results as Net Interest Income was up by 3.5% YOY to Rs4015.2 crore while the Net profit increased marginally by 2.0% YOY to Rs560.6 crore and was ahead of our estimates.

  • PNB to raise funds via QIP

    17 Oct 2017 , 9:02AM Punjab National Bank plans to raise $250-300 million (Rs1600 - 1900 crore) via QIP

  • PNB puts 32 NPAs with outstanding loan

    9 Oct 2017 , 10:55AM Punjab National Bank: puts 32 NPAs with outstanding loan of Rs1,176 crore for auction – Neutral Read thru

  • PNB Metlife may get listed on stock exchanges

    5 Sep 2017 , 10:50AM As per media reports, PNB Metlife may get listed on stock exchanges as it looks to raise capital – sentimentally positive for Punjab National bank as it holds 30% stake in PNB Metlife

  • Punjab National Bank: Q1FY18 result update

    3 Aug 2017 , 4:20PM Punjab National Bank posts a mixed Bag performance in Q1FY18

  • PNB posts Mixed Bag performance for Q1FY18

    2 Aug 2017 , 12:01PM Punjab National Bank has posted Mixed Bag performance with Net interest income of Rs3855 Crore

  • PNB board to Raise Capital upto total of Rs. 3000 Crores through Equity issue

    2 Aug 2017 , 9:27AM PNB board has approved Raising of Capital upto total of Rs. 3000 Crores by way of Equity issue.
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Key fundamentals

Evaluate the intrinsic value of Punjab National Bank stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 1561835.0073 1461831.3623 1314805.0226 1260632.6158 830665.9117
Liabilities 1561835.0073 1461831.3623 1314805.0226 1260632.6158 830665.9117
Equity 2202.2031 2202.2031 2202.2031 2095.5364 1347.5132
Gross Profit 705.9153 -6957.7113 -7114.9592 -8357.5363 -7927.464
Net Profit 8244.6155 2507.2049 3456.9636 2021.6187 336.1944
Cash From Operating Activities -27894.5994 21779.9725 20363.6161 1192.1262 -11336.2319
NPM(%) 7.71 2.94 4.61 2.5 0.62
Revenue 106901.62 85144.1113 74879.5369 80749.7666 53800.0337
Expenses 106195.7047 92101.8226 81994.4961 89107.3029 61727.4977
ROE(%) 6.5 1.97 2.72 1.59 0.26

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
20 Jun 2025 2.9 145 2.85 94.25
21 Jun 2024 1.5 75 2.85 122.15
23 Jun 2023 0.65 32.5 2.85 49.25
22 Jun 2022 0.64 32 2.85 33.1
22 Jun 2015 3.3 165 2.85 145.7
11 Feb 2014 10 100 2.85 547.55
13 Jun 2013 27 270 2.85 783.3
14 Jun 2012 22 220 2.85 767.45
16 Jun 2011 22 220 2.85 1116.9
08 Jul 2010 12 120 2.85 1043.9
04 Feb 2010 10 100 2.85 860.8
04 Jun 2009 20 200 2.85 676.65
29 May 2008 13 130 2.85 537.15
07 Jun 2007 6 60 2.85 560.35
14 Feb 2007 4 40 2.85 507.15
22 Jun 2006 3 30 2.85 413.5
29 Nov 2005 3 30 2.85 404.2
16 Jun 2005 3 30 2.85 346.15
25 Feb 2005 3 30 2.85 382.65
24 Jun 2004 1.5 15 2.85 228.2
23 Jul 2003 3.5 35 2.85 164.95

Peers

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Equitas Small Finance Bank Ltd 63.06 -0.85 48.88 11609.90 12.90 0.00
Fino Payments Bank Ltd 238.63 -0.85 21.46 851.28 111.19 0.00
Central Bank of India 37.22 -0.72 8.56 88805.99 43.47 0.51
Kotak Mahindra Bank Ltd 2075.50 -0.29 18.65 20336.43 2225.64 0.12

Company Info

YEAR EVENTS 1996 - A package was developed for corporate customers for fast remittance of funds from different up-country branches to the controlling office. - The concept of 'Chief Host' introduced by the bank for resolving customers' complaints in the minimum possible time, has resulted in substantial improvement in customer service. - The company also entered into new activity of arranging Mergers, Acquisitions and Takeovers which has been quite rewarding in terms of return. 2000 - The Credit Rating Information Services of India has suspended its rating for the fixed deposit programmes of Amruntanjan Finance. - The Bank has introduced a scheme for providing finance against mortgage of immovable property. - Punjab National Bank and Bank of Baroda will tie up to form a subsidiary for a foray into life insurance business, banking industry. - PNB has launched a gold import scheme. The gold will be imported through an arrangement with Commerzbank. - ICRA has assigned an `LAAA' rating to Punjab National Bank's (PNB) Rs 240 crore long-term subordinated bond issue (Series V). - The Bank is the first amongst the public sector banks to come out with Voluntary Retirement Scheme. - Punjab National Bank has become the latest big player to enter the credit card market. The card will have two variants -- Gold and Classic. - An International Co-branded Credit Card of Punjab National Bank and Hongkong & Shanghai Banking Corporation has been launched in New Delhi. - Primary market dealers PNB Gilts Ltd is launching a retail scheme in the first week of January to rope in individuals as investors for govt. securities. It has recently tied up with Punjab National Bank and will be using the huge network of 2000 branches of the bank all over the country for distribution and receipt of forms for investment in govt. securities. - Mr. T S Narayansami has taken over as executive director of Punjab National Bank. 2002 - Punjab National Bank incorporated its branch in M.G. Road, Bangalore named as Mid-Corporate Branch (MCD) to provide its corporate clients with a credit limit of Rs 3.5 crore and above. - Punjab National Bank is in a joint venture with Infosys for the implementation of a Centralised Banking Solution for it. The bank plans to implement Centralised Banking Solutions establishing connectivity between its branches to cover 1,500 to 2,000 branches and all ATMs by 2004. - -Punjab National Bank has informed that the first AGM of the shareholders of the Bank was held on August 05, 2002. The Chairman declared the following candidates elected as Directors: Dr Pritam Singh , Sh Mohanjit Singh. - Punjab National Bank has informed that Ms. Malathi Mohan, Asstt. General Manager has been nominated as Company Secretary in place of Mr. Ramesh Kumar Kochar. - Punjab National Bank has launched a special loan scheme called 'Fin-Basket', a composite package of retail loans, for a minimum size of Rs 5 lakhs. - Punjab National Bank (PNB) has been presented with the `Best Bank Award' for excellence in banking technology. - Punjab National Bank (PNB) tied up with Cisco Systems for networking 3,870 branches as part of its Rs 150 crore plan. 2003 - Punjab National Bank (PNB) has taken over Kozhikode-based Nedungadi Bank Ltd (NBL) on Feb 1. All the 174 branches of the previous private bank are now working as PNB branches - Punjab National Bank (PNB) has entered into an alliance with New India Assurance for selling its general insurance products. - Punjab National Bank has informed that Shri V K Sibal, a director on the Board of the Bank has resigned from the Board. Ministry of Finance, Govt. of India, vide its letter dated May 09, 2003 has conveyed the acceptance of resignation w.e.f. May 07, 2003. - Punjab National Bank has informed the Exchange that the Bank has signed a Memorandum of Understanding (MOU) on June 24, 2003 with Principal Financial Services Inc. (USA) and Vijaya Bank for joint venture partnership in Life Insurance, Pensions and Asset Managements (MF) business. - Punjab National Bank (PNB) has formed a strategic alliance with Infrastructure Leasing and Financial Services Ltd (IL&FS) to set up a private equity fund for investing in domestic companies. - Punjab National Bank has informed that it is setting up its Representative Office at London. The office was scheduled to be inaugurated on August 21, 2003. Further, the Bank has been granted license to open Offshore Banking Unit at Seepz, Mumbai. - New Delhi: Punjab National Bank has entered an agreement with Oriental Bank of Commerce, Indian Bank, UTI Bank and Global Trust Bank for sharing ATMs spread across the country. -Inks pact with Principal Financial Group of USA to foray into insurance business and pension fund -Principal Financial Group (Mauritius) Limited enters into a joint venture agreement with Punjab National Bank (PNB) and Vijaya Bank to sell long-term mutual funds and related financial services in India. The new company to be called Principal PNB Asset Management Company (in association with Vijaya Bank) -Receives approval from RBI for opening an Offshore Banking Unit (OBU) at SEZ, Noida (U.P) -Punjab National Bank (PNB) has decided to amalgamate its merchant banking arm 'PNB Caps' with itself. -PNB unveils a scheme to help SSIs to get ISO 9000. - Board of Directors approved investment of Rs 250 million in the units of 'Leverage India Fund' managed by IL&FS Investments Managers Ltd, and has entered into MoU with IL&FS and IL&FS Investment Managers to sponsor the Fund. -Shri K D Khera, Director representing Non Workmen Employees of the bank, ceases to be Director on the Board of the Bank wef October 31, 2003 on attaining age of superannuation. -The Ministry of Finance, Government of India, vide their notification dated November 25, 2003, Shri Anand Swarup Agarwal has been nominated as part-time non official Director of the bank for a period of 3 years from the date of notification. 2004 -Ministry of Finance, Government of India vide their notification dated January 9, 2004 has informed that Dr. K.V. Rajan, Chief General Manager, RBI, Kanpur has been nominated as RBI nominee director of the Bank in place of Sh. V.K. Sharma with immediate effect. -PNB acquires Hindustan Transmission Product Limited (HTPL) assets under Sarfaesi -IFCI merger with PNB's would help each other -Delhi based Punjab National Bank (PNB) and Bangalore-based Vijaya Bank enter into a four-way partnership with Principal Financial of the US and Berger Paints to set up an insurance broking company --Export Credit Guarantee Corporation of India Ltd (ECGC) and Punjab National Bank (PNB) sign a corporate agency agreement for marketing ECGC's export credit insurance products through the network of PNB branches -Punjab National Bank has informed that the bank has signed agreement with M/s NCR Corporation India Pvt Ltd for providing clearance of Intercity cheques within 48 hours after the cheque is presented, at selected centers using cheque truncation, where there is Image based Cheque Clearing System. -Punjab National Bank (PNB) has enlisted the services of computer industry giant Intel to evaulate its current and future technolgical requirements. An MoU was signed for the deployment of various IT-related solutions today between the bank and Intel. -ICICI Bank and Punjab National Bank have signed a memorandum of understanding (MoU) for ATM network sharing, giving customers an access to over 2,200 ATMs in India - PNB accomplishes RTGS installation - PNB implements Loans and Advances Data Desk for Evaluations and Reports, (LADDER) system for rationalisation of returns, asset classification and provisioning, credit monitoring and NPA management - LP Agrwal, Ranjan Dhawan, I D Singh, P K Mitra, K S Bajwa, V P Chowdhary and B P Chopra appointed as General Managers on June 9, 2004 - PNB mandates TCS to deploy HR Solutions -Tata Consultancy Services (TCS) has joined hands with PeopleSoft to handle a Rs 5-10 crore worth project mandated by Punjab National Bank (PNB) to implement human capital management and payroll solution. -Punjab National Bank has informed that the Bank has entered into money transfer arrangement with Western Union Through their agent M/s Weizmann Forex Ltd -Punjab National Bank has informed that the Bank branch at Kabul, Afghanistan has commenced soft opening on July 26, 2004 -PNB in ally with NMCE launches new loan scheme -PNB JV with Principal Financial Group of USA -Tractor manufacturer Escorts tied up with Punjab National Bank for sponsorship of a farmer training centre in Haryana -Launches corporate internet banking facility on November 18, 2004. 2005 -Government of India, Ministry of Finance (Banking Division), New Delhi vide its Notification dated April 30, 2005, appoints Shri S C Gupta as Chairman & Managing Director (CMD) of the Bank. -PNB unveils ATM at Edappal 2006 -Punjab National Bank today tied up with MasterCard International to launch a signature-based debit card. -PNB opens branch in Uttaranchal -Punjab National Bank (PNB) has tied up with Indian Airlines for online booking of air tickets. -Punjab National Bank has informed that Shri Rakesh Singh, Joint Secretary (IF), Ministry of Finance has been appointed Government nominee Director on the Board of the Bank w.e.f. October 20, 2006 under Clause 9(3)(b) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. -PNB ties up with IDBI Capital -Punjab National Bank has informed that Sh. A S Agarwal, Government nominee Director on the Board of the Bank w.e.f. November 25, 2003, has demitted the office on November 24, 2006 on completion of his tenure of 3 years. 2007 -Punjab National Bank has appointed Shri Ramesh Kumar Kochar as Company Secretary of the Bank. - Punjab National Bank has informed that the Government of India, Ministry of Finance, Department of Economic Affairs (Banking Division), New Delhi vide Notification dated June 06, 2007 has appointed Shri. Jag Mohan Garg as a Whole-time-Director (designated as Executive Director) on the Board of Punjab National Bank from the date of his taking over charge of his post or until further orders or till the date of his superannuation i.e. upto July 31, 2010 whichever is earlier. -Punjab National Bank is entering into an MoU with India Infrastructure Finance Co. (IIFC) on October 17, 2007 with an aim to extend its cooperation and support to IIFC in areas of creating a deal flow of infrastructure projects. 2008 - Punjab National Bank entered into a memorandum of understanding (MoU) with IL&FS Cluster Development Initiative Ltd in order to provide impetus to financing of industrial infrastructure projects. -Punjab National Bank (PNB), has tied up with Networth Stock Broking Ltd (NSBL) for an Internet trading alliance. - Punjab National Bank cut its prime lending rate by 50 bps. - Punjab National Bank has opened its 69th branch at Khammam. - Punjab National Bank has announced the opening of its 133rd branch in Kerala at Sana Towers, Medical College Junction, Kozhikode. All 133 branches in the State are networked under the core banking solution including this branch. - Punjab National Bank has informed that Government of India has nominated Shri Vinod Kumar Mishra as part-time non-official Director on the Board of the Bank for a period of three years from the date of Notification of his appointment or until further orders, whichever is earlier. 2009 - The Punjab National Bank has opened a new branch at Leicester in Britain. Leicester has a large section of people of Indian origin. The branch has been opened this week in the Belgrave Commercial Centre, in the heart of what is called the Golden Mile - the heart of Asians business and culture. It is also popularly known as 'Little India'. - Punjab National Bank has informed that Government of India, Ministry of Finance, Deptt. of Financial Services vide notification No. F. No. 9/22/2008-BO.I dated March 26, 2009 has appionted Shri Nagesh Pydah and Shri M. V. Tanksale as Executive Directors (Whole time Directors) on the Board of the Bank. The said Executive Directors will hold office from the date of taking charge up to the date of superannuation or until further orders, whichever is earlier. 1) Name : Shri Nagesh Pydah, Date of taking charge : March 26, 2009, Date of superannuation : February 29, 2012. 2) Name : Shri M.V. Tanksale, Date of taking charge : March 26, 2009, Date of superannuation : July 31, 2013. - Punjab National Bank (PNB) has set up its second branch in Hong Kong, which will focus on retail banking operations. 2009 - Punjab National Bank (PNB) has entered into a pact with Ashok Leyland to extend finance to the latter's commercial vehicle customers. - Sh. K R Kamath, has been appointed as Chairman and Managing Director (MD) of the Bank by Government of India, Ministry of Finance, Deptt. Of Economic Affairs (Banking Division) vide notification dated October 27, 2009 for a period of 5 years from the date of taking charge and / or until further orders, whichever is earlier. Accordingly, Shri. K R Kamath has taken charge of Chairman and Managing Director on October 28, 2009. 2010 - Punjab National Bank has appointed Shri Mohinder Paul Singh as Workmen Employees Director on the Board of the Bank w.e.f. January 28, 2010. - Punjab National Bank has forged an alliance with Oriental Insurance Company Limited, to offer a floater Health Insurance Policy covering the proposer and family under one sum insured . - Punjab National Bank has unveiled a festival bonanza offering home loan at 8.5 per cent, a teaser rate to attract new customer. The concessional rate of 8.5 per cent has been fixed for three years for housing loans up to Rs. 50 lakh. As per the existing rate-card, loans up to Rs. 30 lakh attract a lowest rate of 9.25 per cent with a repayment period of 5 years while loans above Rs. 30 lakh is available at 10 per cent for similar maturity. - Oriental Insurance Company (OICL) and Punjab National Bank launched 'PNB-oriental Royal Mediclaim Policy', exclusively for the bank customers - Punjab National Bank has completed the transaction for acquisition of 63.64% stake in JSC Dana Bank Kazakhstan. - Punjab National Bank - Reserve Bank of India has issued Certificate of Registration No. N-13.01980 in the name of INDIA FACTORING & FINANCE SOLUTIONS PVT. LTD. (Joint Venture Company) permitting to commence & carry on the business of Non-Banking Financial Institution. - Punjab National Bank signed a Memorandum of Agreement with Principal Financial Group of Mauritius and Vijaya Bank for restructuring of their existing joint ventures subject to statutory approvals. 2011 - Acquistion Of 33% Stake In Metlife By Punjab National Bank - PNB - Agreement with Weizmann Forex Ltd & BFC Forex & Financial Services Ltd - PNB has launched two new deposit schemes- FCNR Premium Linked Deposit Scheme and NRE Rupee Flexible Deposit Scheme- which would provide special benefits to the NRIs. - PNB & Metlife partner for life insurance venture. - PNB's Mega Recovery Camps receives excellent response from small agricultural borrowerr in recovering the loan amount. - PNB Bagged Golden Peacock National Training Award 2011 - PNB bags Most Socially Responsive Bank Award 2011 2012 - In a move to bring cheers for the loan seekers, India's second largest public sector lender, Punjab National Bank (PNB) has reduced interest rates on housing and car loans by up to 50 basis point - PNB raised interest rates on domestic and NRE term deposits - PNB sold stake to LIC for Rs 1,590 cr - PNB Awarded Overall Best Corporate Social Responsibility Awards 2012 - PNB Awarded SKOCH Award on Financial Inclusion 2012 2013 India's second largest public sector lender Punjab National Bank (PNB) acquired 30 per cent stake in Metlife India Insurance Co. Ltd. -PNB launches online facility for payment of property tax. -Punjab National Bank has launched prepaid ATM debit cards ‘Suvidha and rsquo for the ease of customers. -PNB Wins Golden Peacock Business Excellence Awards for the year 2011-12. -Bank with Best Use of Business Intelligence (W inner). 2014 -PNB eclared Interim Dividend of Rs.10/- (Rupees ten) per equity share of Rs. 10/- each. -PNB launches festival bonanza-housing loan of up to Rs 2 crore will attract 10.25 per cent interest rate and also announced full waiver of processing fee and documentation charges on housing, car and two-wheeler loans. -PNB Wins MSME Banking Excellance Award 2014. -PNB Wins Annual Social Banking Excellence Award 2014 -Punjab National Bank has splits its face value from Rs 10/- to 2/- 2015 -Punjab National Bank has opened 121 ATMs across India, on day after which its ATM network has increased to 6,421 -The Indian Army and Punjab National Bank (PNB) have signed a Memorandum of Understanding (MoU) on the defence salary package -Punjab National Bank has launched e-PPF through Internet Banking System 2016 -Punjab National Bank receives Golden Peacock National Training Award 2016 2017 -Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches, reported PTI. -CIMSME- Banking Excellence Awards 2016 for Best MSME Bank (Large Bank) Winner. -Vigilance Excellence Award 2016-17 by Institute of Public Enterprises (IPE) Hyderabad. -BFSI Tech Maestro Awards 2016 in Application category for Four node cluster by Bitstream Mediaworks Pvt.Ltd. -National Payments Excellence Awards 2016 for Aadhaar Enabled Payments System (AEPS) 2018 -PNB, Carlyle Group to sell at least 51% stake in PNB Housing. -Best Public Sector Bank under Government Scheme participation -Pradhan Mantri Mudra Yojana (PMMY) -National Award for SHG- Bank Linkage for the Year 2016-17 2019 -The board of Punjab National Bank (PNB) has given in-principle approval for amalgamation of Oriental Bank of Commerce and United Bank of India with PNB. -BFSI Digital Innovation Award 2019 in the Enterprise Mobility Category -Best Bank for CSR -NSDL Star Performer Awards 2018 2022 - PNB Wins 2 Awards In Iba Banking Technology Awards 2022 2023 - PNB infuses capital of Rs 498.75 crore in the rights issue of PNB Housing Finance - PNB Wins Rajbhasha Kirti Award -Infosys Finacle Innovation Award -PNB has been awarded with achievement award for "Excellent Guarantee Coverage (number)" for FY 2022-23. The award was given by Union Minister MSME, -PNB wins Best MSME Bank (Runner UP) for 9th MSME Excellence Awards

YEAR EVENTS 1996 - A package was developed for corporate customers for fast remittance of funds from different up-country branches to the controlling office. - The concept of 'Chief Host' introduced by the bank for resolving customers' complaints in the minimum possible time, has resulted in substantial improvement in customer service. - The company also entered into new activity of arranging Mergers, Acquisitions and Takeovers which has been quite rewarding in terms of return. 2000 - The Credit Rating Information Services of India has suspended its rating for the fixed deposit programmes of Amruntanjan Finance. - The Bank has introduced a scheme for providing finance against mortgage of immovable property. - Punjab National Bank and Bank of Baroda will tie up to form a subsidiary for a foray into life insurance business, banking industry. - PNB has launched a gold import scheme. The gold will be imported through an arrangement with Commerzbank. - ICRA has assigned an `LAAA' rating to Punjab National Bank's (PNB) Rs 240 crore long-term subordinated bond issue (Series V). - The Bank is the first amongst the public sector banks to come out with Voluntary Retirement Scheme. - Punjab National Bank has become the latest big player to enter the credit card market. The card will have two variants -- Gold and Classic. - An International Co-branded Credit Card of Punjab National Bank and Hongkong & Shanghai Banking Corporation has been launched in New Delhi. - Primary market dealers PNB Gilts Ltd is launching a retail scheme in the first week of January to rope in individuals as investors for govt. securities. It has recently tied up with Punjab National Bank and will be using the huge network of 2000 branches of the bank all over the country for distribution and receipt of forms for investment in govt. securities. - Mr. T S Narayansami has taken over as executive director of Punjab National Bank. 2002 - Punjab National Bank incorporated its branch in M.G. Road, Bangalore named as Mid-Corporate Branch (MCD) to provide its corporate clients with a credit limit of Rs 3.5 crore and above. - Punjab National Bank is in a joint venture with Infosys for the implementation of a Centralised Banking Solution for it. The bank plans to implement Centralised Banking Solutions establishing connectivity between its branches to cover 1,500 to 2,000 branches and all ATMs by 2004. - -Punjab National Bank has informed that the first AGM of the shareholders of the Bank was held on August 05, 2002. The Chairman declared the following candidates elected as Directors: Dr Pritam Singh , Sh Mohanjit Singh. - Punjab National Bank has informed that Ms. Malathi Mohan, Asstt. General Manager has been nominated as Company Secretary in place of Mr. Ramesh Kumar Kochar. - Punjab National Bank has launched a special loan scheme called 'Fin-Basket', a composite package of retail loans, for a minimum size of Rs 5 lakhs. - Punjab National Bank (PNB) has been presented with the `Best Bank Award' for excellence in banking technology. - Punjab National Bank (PNB) tied up with Cisco Systems for networking 3,870 branches as part of its Rs 150 crore plan. 2003 - Punjab National Bank (PNB) has taken over Kozhikode-based Nedungadi Bank Ltd (NBL) on Feb 1. All the 174 branches of the previous private bank are now working as PNB branches - Punjab National Bank (PNB) has entered into an alliance with New India Assurance for selling its general insurance products. - Punjab National Bank has informed that Shri V K Sibal, a director on the Board of the Bank has resigned from the Board. Ministry of Finance, Govt. of India, vide its letter dated May 09, 2003 has conveyed the acceptance of resignation w.e.f. May 07, 2003. - Punjab National Bank has informed the Exchange that the Bank has signed a Memorandum of Understanding (MOU) on June 24, 2003 with Principal Financial Services Inc. (USA) and Vijaya Bank for joint venture partnership in Life Insurance, Pensions and Asset Managements (MF) business. - Punjab National Bank (PNB) has formed a strategic alliance with Infrastructure Leasing and Financial Services Ltd (IL&FS) to set up a private equity fund for investing in domestic companies. - Punjab National Bank has informed that it is setting up its Representative Office at London. The office was scheduled to be inaugurated on August 21, 2003. Further, the Bank has been granted license to open Offshore Banking Unit at Seepz, Mumbai. - New Delhi: Punjab National Bank has entered an agreement with Oriental Bank of Commerce, Indian Bank, UTI Bank and Global Trust Bank for sharing ATMs spread across the country. -Inks pact with Principal Financial Group of USA to foray into insurance business and pension fund -Principal Financial Group (Mauritius) Limited enters into a joint venture agreement with Punjab National Bank (PNB) and Vijaya Bank to sell long-term mutual funds and related financial services in India. The new company to be called Principal PNB Asset Management Company (in association with Vijaya Bank) -Receives approval from RBI for opening an Offshore Banking Unit (OBU) at SEZ, Noida (U.P) -Punjab National Bank (PNB) has decided to amalgamate its merchant banking arm 'PNB Caps' with itself. -PNB unveils a scheme to help SSIs to get ISO 9000. - Board of Directors approved investment of Rs 250 million in the units of 'Leverage India Fund' managed by IL&FS Investments Managers Ltd, and has entered into MoU with IL&FS and IL&FS Investment Managers to sponsor the Fund. -Shri K D Khera, Director representing Non Workmen Employees of the bank, ceases to be Director on the Board of the Bank wef October 31, 2003 on attaining age of superannuation. -The Ministry of Finance, Government of India, vide their notification dated November 25, 2003, Shri Anand Swarup Agarwal has been nominated as part-time non official Director of the bank for a period of 3 years from the date of notification. 2004 -Ministry of Finance, Government of India vide their notification dated January 9, 2004 has informed that Dr. K.V. Rajan, Chief General Manager, RBI, Kanpur has been nominated as RBI nominee director of the Bank in place of Sh. V.K. Sharma with immediate effect. -PNB acquires Hindustan Transmission Product Limited (HTPL) assets under Sarfaesi -IFCI merger with PNB's would help each other -Delhi based Punjab National Bank (PNB) and Bangalore-based Vijaya Bank enter into a four-way partnership with Principal Financial of the US and Berger Paints to set up an insurance broking company --Export Credit Guarantee Corporation of India Ltd (ECGC) and Punjab National Bank (PNB) sign a corporate agency agreement for marketing ECGC's export credit insurance products through the network of PNB branches -Punjab National Bank has informed that the bank has signed agreement with M/s NCR Corporation India Pvt Ltd for providing clearance of Intercity cheques within 48 hours after the cheque is presented, at selected centers using cheque truncation, where there is Image based Cheque Clearing System. -Punjab National Bank (PNB) has enlisted the services of computer industry giant Intel to evaulate its current and future technolgical requirements. An MoU was signed for the deployment of various IT-related solutions today between the bank and Intel. -ICICI Bank and Punjab National Bank have signed a memorandum of understanding (MoU) for ATM network sharing, giving customers an access to over 2,200 ATMs in India - PNB accomplishes RTGS installation - PNB implements Loans and Advances Data Desk for Evaluations and Reports, (LADDER) system for rationalisation of returns, asset classification and provisioning, credit monitoring and NPA management - LP Agrwal, Ranjan Dhawan, I D Singh, P K Mitra, K S Bajwa, V P Chowdhary and B P Chopra appointed as General Managers on June 9, 2004 - PNB mandates TCS to deploy HR Solutions -Tata Consultancy Services (TCS) has joined hands with PeopleSoft to handle a Rs 5-10 crore worth project mandated by Punjab National Bank (PNB) to implement human capital management and payroll solution. -Punjab National Bank has informed that the Bank has entered into money transfer arrangement with Western Union Through their agent M/s Weizmann Forex Ltd -Punjab National Bank has informed that the Bank branch at Kabul, Afghanistan has commenced soft opening on July 26, 2004 -PNB in ally with NMCE launches new loan scheme -PNB JV with Principal Financial Group of USA -Tractor manufacturer Escorts tied up with Punjab National Bank for sponsorship of a farmer training centre in Haryana -Launches corporate internet banking facility on November 18, 2004. 2005 -Government of India, Ministry of Finance (Banking Division), New Delhi vide its Notification dated April 30, 2005, appoints Shri S C Gupta as Chairman & Managing Director (CMD) of the Bank. -PNB unveils ATM at Edappal 2006 -Punjab National Bank today tied up with MasterCard International to launch a signature-based debit card. -PNB opens branch in Uttaranchal -Punjab National Bank (PNB) has tied up with Indian Airlines for online booking of air tickets. -Punjab National Bank has informed that Shri Rakesh Singh, Joint Secretary (IF), Ministry of Finance has been appointed Government nominee Director on the Board of the Bank w.e.f. October 20, 2006 under Clause 9(3)(b) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. -PNB ties up with IDBI Capital -Punjab National Bank has informed that Sh. A S Agarwal, Government nominee Director on the Board of the Bank w.e.f. November 25, 2003, has demitted the office on November 24, 2006 on completion of his tenure of 3 years. 2007 -Punjab National Bank has appointed Shri Ramesh Kumar Kochar as Company Secretary of the Bank. - Punjab National Bank has informed that the Government of India, Ministry of Finance, Department of Economic Affairs (Banking Division), New Delhi vide Notification dated June 06, 2007 has appointed Shri. Jag Mohan Garg as a Whole-time-Director (designated as Executive Director) on the Board of Punjab National Bank from the date of his taking over charge of his post or until further orders or till the date of his superannuation i.e. upto July 31, 2010 whichever is earlier. -Punjab National Bank is entering into an MoU with India Infrastructure Finance Co. (IIFC) on October 17, 2007 with an aim to extend its cooperation and support to IIFC in areas of creating a deal flow of infrastructure projects. 2008 - Punjab National Bank entered into a memorandum of understanding (MoU) with IL&FS Cluster Development Initiative Ltd in order to provide impetus to financing of industrial infrastructure projects. -Punjab National Bank (PNB), has tied up with Networth Stock Broking Ltd (NSBL) for an Internet trading alliance. - Punjab National Bank cut its prime lending rate by 50 bps. - Punjab National Bank has opened its 69th branch at Khammam. - Punjab National Bank has announced the opening of its 133rd branch in Kerala at Sana Towers, Medical College Junction, Kozhikode. All 133 branches in the State are networked under the core banking solution including this branch. - Punjab National Bank has informed that Government of India has nominated Shri Vinod Kumar Mishra as part-time non-official Director on the Board of the Bank for a period of three years from the date of Notification of his appointment or until further orders, whichever is earlier. 2009 - The Punjab National Bank has opened a new branch at Leicester in Britain. Leicester has a large section of people of Indian origin. The branch has been opened this week in the Belgrave Commercial Centre, in the heart of what is called the Golden Mile - the heart of Asians business and culture. It is also popularly known as 'Little India'. - Punjab National Bank has informed that Government of India, Ministry of Finance, Deptt. of Financial Services vide notification No. F. No. 9/22/2008-BO.I dated March 26, 2009 has appionted Shri Nagesh Pydah and Shri M. V. Tanksale as Executive Directors (Whole time Directors) on the Board of the Bank. The said Executive Directors will hold office from the date of taking charge up to the date of superannuation or until further orders, whichever is earlier. 1) Name : Shri Nagesh Pydah, Date of taking charge : March 26, 2009, Date of superannuation : February 29, 2012. 2) Name : Shri M.V. Tanksale, Date of taking charge : March 26, 2009, Date of superannuation : July 31, 2013. - Punjab National Bank (PNB) has set up its second branch in Hong Kong, which will focus on retail banking operations. 2009 - Punjab National Bank (PNB) has entered into a pact with Ashok Leyland to extend finance to the latter's commercial vehicle customers. - Sh. K R Kamath, has been appointed as Chairman and Managing Director (MD) of the Bank by Government of India, Ministry of Finance, Deptt. Of Economic Affairs (Banking Division) vide notification dated October 27, 2009 for a period of 5 years from the date of taking charge and / or until further orders, whichever is earlier. Accordingly, Shri. K R Kamath has taken charge of Chairman and Managing Director on October 28, 2009. 2010 - Punjab National Bank has appointed Shri Mohinder Paul Singh as Workmen Employees Director on the Board of the Bank w.e.f. January 28, 2010. - Punjab National Bank has forged an alliance with Oriental Insurance Company Limited, to offer a floater Health Insurance Policy covering the proposer and family under one sum insured . - Punjab National Bank has unveiled a festival bonanza offering home loan at 8.5 per cent, a teaser rate to attract new customer. The concessional rate of 8.5 per cent has been fixed for three years for housing loans up to Rs. 50 lakh. As per the existing rate-card, loans up to Rs. 30 lakh attract a lowest rate of 9.25 per cent with a repayment period of 5 years while loans above Rs. 30 lakh is available at 10 per cent for similar maturity. - Oriental Insurance Company (OICL) and Punjab National Bank launched 'PNB-oriental Royal Mediclaim Policy', exclusively for the bank customers - Punjab National Bank has completed the transaction for acquisition of 63.64% stake in JSC Dana Bank Kazakhstan. - Punjab National Bank - Reserve Bank of India has issued Certificate of Registration No. N-13.01980 in the name of INDIA FACTORING & FINANCE SOLUTIONS PVT. LTD. (Joint Venture Company) permitting to commence & carry on the business of Non-Banking Financial Institution. - Punjab National Bank signed a Memorandum of Agreement with Principal Financial Group of Mauritius and Vijaya Bank for restructuring of their existing joint ventures subject to statutory approvals. 2011 - Acquistion Of 33% Stake In Metlife By Punjab National Bank - PNB - Agreement with Weizmann Forex Ltd & BFC Forex & Financial Services Ltd - PNB has launched two new deposit schemes- FCNR Premium Linked Deposit Scheme and NRE Rupee Flexible Deposit Scheme- which would provide special benefits to the NRIs. - PNB & Metlife partner for life insurance venture. - PNB's Mega Recovery Camps receives excellent response from small agricultural borrowerr in recovering the loan amount. - PNB Bagged Golden Peacock National Training Award 2011 - PNB bags Most Socially Responsive Bank Award 2011 2012 - In a move to bring cheers for the loan seekers, India's second largest public sector lender, Punjab National Bank (PNB) has reduced interest rates on housing and car loans by up to 50 basis point - PNB raised interest rates on domestic and NRE term deposits - PNB sold stake to LIC for Rs 1,590 cr - PNB Awarded Overall Best Corporate Social Responsibility Awards 2012 - PNB Awarded SKOCH Award on Financial Inclusion 2012 2013 India's second largest public sector lender Punjab National Bank (PNB) acquired 30 per cent stake in Metlife India Insurance Co. Ltd. -PNB launches online facility for payment of property tax. -Punjab National Bank has launched prepaid ATM debit cards ‘Suvidha and rsquo for the ease of customers. -PNB Wins Golden Peacock Business Excellence Awards for the year 2011-12. -Bank with Best Use of Business Intelligence (W inner). 2014 -PNB eclared Interim Dividend of Rs.10/- (Rupees ten) per equity share of Rs. 10/- each. -PNB launches festival bonanza-housing loan of up to Rs 2 crore will attract 10.25 per cent interest rate and also announced full waiver of processing fee and documentation charges on housing, car and two-wheeler loans. -PNB Wins MSME Banking Excellance Award 2014. -PNB Wins Annual Social Banking Excellence Award 2014 -Punjab National Bank has splits its face value from Rs 10/- to 2/- 2015 -Punjab National Bank has opened 121 ATMs across India, on day after which its ATM network has increased to 6,421 -The Indian Army and Punjab National Bank (PNB) have signed a Memorandum of Understanding (MoU) on the defence salary package -Punjab National Bank has launched e-PPF through Internet Banking System 2016 -Punjab National Bank receives Golden Peacock National Training Award 2016 2017 -Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches, reported PTI. -CIMSME- Banking Excellence Awards 2016 for Best MSME Bank (Large Bank) Winner. -Vigilance Excellence Award 2016-17 by Institute of Public Enterprises (IPE) Hyderabad. -BFSI Tech Maestro Awards 2016 in Application category for Four node cluster by Bitstream Mediaworks Pvt.Ltd. -National Payments Excellence Awards 2016 for Aadhaar Enabled Payments System (AEPS) 2018 -PNB, Carlyle Group to sell at least 51% stake in PNB Housing. -Best Public Sector Bank under Government Scheme participation -Pradhan Mantri Mudra Yojana (PMMY) -National Award for SHG- Bank Linkage for the Year 2016-17 2019 -The board of Punjab National Bank (PNB) has given in-principle approval for amalgamation of Oriental Bank of Commerce and United Bank of India with PNB. -BFSI Digital Innovation Award 2019 in the Enterprise Mobility Category -Best Bank for CSR -NSDL Star Performer Awards 2018 2022 - PNB Wins 2 Awards In Iba Banking Technology Awards 2022 2023 - PNB infuses capital of Rs 498.75 crore in the rights issue of PNB Housing Finance - PNB Wins Rajbhasha Kirti Award -Infosys Finacle Innovation Award -PNB has been awarded with achievement award for "Excellent Guarantee Coverage (number)" for FY 2022-23. The award was given by Union Minister MSME, -PNB wins Best MSME Bank (Runner UP) for 9th MSME Excellence Awards

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Parent Organisation

Punjab National Bank

Founded

19/07/1969

Managing Director

Mr.Atul Kumar Goel

NSE Symbol

PNBEQ

FAQ

The current price of Punjab National Bank is ₹ 101.67.

The 52-week high for Punjab National Bank is ₹ 103.12 and the 52-week low is ₹ 101.54.

The market capitalization of Punjab National Bank is currently ₹ 116848.75. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Punjab National Bank shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Punjab National Bank, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Punjab National Bank shares.

The CEO of Punjab National Bank is Mr.Atul Kumar Goel, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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