PSU banks wrote off Rs 34,000 cr loan in FY 2014: Sinha

Last Updated: Tuesday, December 2, 2014, 18:37

Public sector banks, including SBI, PNB and Central Bank of India, have written off about Rs 34,000 crore, including one-time settlement, during 2013-14, which constitutes 34 percent of the total non-performing assets.

PNB Q4 net profit down 42% at Rs 755.41 cr

Last Updated: Friday, January 31, 2014, 13:06

The Punjab National Bank Friday reported a 42.14 percent decline in net profit at Rs 755.41 crore for the quarter ended December 31, 2013.

PNB Metlife launches 3 life insurance products

Last Updated: Monday, December 23, 2013, 15:33

The other two products are endowment savings plan and money back plan, PNB Metlife said in a statement.

PNB official convicted in graft case

Last Updated: Wednesday, November 20, 2013, 16:32

A Special CBI Judge has convicted a former branch manager of Punjab National Bank in a graft case and sentenced him to undergo three years rigorous imprisonment with a total fine of Rs 40,000.

PNB shares down over 4% on disappointing Q2 nos

Last Updated: Friday, November 8, 2013, 20:44

At the NSE, the scrip settled at Rs 521, down 4.5 percent.

PNB Q2 profit plunges 53% on higher provisioning

Last Updated: Friday, November 8, 2013, 13:49

The country's second largest public sector bank by assets had reported a net profit of Rs 1,065.58 crore in the July- September quarter of 2012-13.

TRAI warns seven banks for sending pesky communications

Last Updated: Monday, September 23, 2013, 20:24

The errant banks which also include PNB, Citi, Axis and Kotak Mahindra are found to be marketing their products and services using unregistered telemarketers, Telecom Regulatory Authority of India (TRAI) said in a statement.

PNB launches prepaid ATM Debit card

Last Updated: Wednesday, September 4, 2013, 20:08

The release said that instead of carrying cash people can procure the prepaid ATM Debit Card with a minimum of Rs 500 and maximum of Rs 50,000 recharge.

PNB raises NRI deposits rates by 1%

Last Updated: Friday, August 16, 2013, 21:36

Punjab National Bank (PNB) on Friday raised interest rates on NRI deposits of over 3 years by 1 percent, days after the Reserve Bank deregulated interest rates on such deposits.