Last Updated: Tuesday, September 1, 2015, 19:17
International ratings agency Fitch has downgraded viability rating of state-run Punjab National Bank by a notch while affirming ratings on nine banks, including SBI and ICICI Bank.
Last Updated: Tuesday, August 25, 2015, 23:24
Even as they sit on mountain of bad loans, public sector lender IDBI Bank Tuesday said it's not selling stressed loans to ARCs, while its larger peer PNB said it prefers innovative ways to tackle the situation.
Last Updated: Saturday, August 22, 2015, 22:33
Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.
Last Updated: Wednesday, August 5, 2015, 23:11
State-owned Punjab National Bank Wednesday reduced interest rate on fixed deposits on select maturities by up to 0.50 percent.
Last Updated: Tuesday, July 28, 2015, 18:47
Shares of PNB rose 5 percent Tuesday as the country's second largest public sector lender's asset quality improved on a quarter-on-quarter basis.
Last Updated: Tuesday, July 28, 2015, 12:52
Punjab National Bank (PNB)'s first quarter net profit of current fiscal Tuesday showed a 48.68 percent decline from Rs 1,405 crore reported the same quarter of 2014-15 fiscal.
Last Updated: Tuesday, June 23, 2015, 20:14
The bank has slashed the interest rate by 0.25 percent from 7.75 percent to 7.50 on term deposits with 180 days to one year tenure.
Last Updated: Wednesday, June 3, 2015, 22:08
Two leading banks Punjab National Bank (PNB) and Axis Bank Wednesday slashed interest rate on fixed deposits by 0.25 percent on select maturities, a move which could be seen as precursor to a cut in lending rates.
Last Updated: Monday, May 25, 2015, 21:49
Punjab National Bank (PNB) has launched monsoon bonanza offer in which the bank is offering full waiver of upfront or processing fees and documentation charges on all housing and car loans.
Last Updated: Friday, May 8, 2015, 13:26
State-run lender Punjab National Bank on Friday reported a whopping 62 percent decline in its standalone net profit to Rs 306.56 crore in the fourth quarter ended March 31.
Last Updated: Wednesday, May 6, 2015, 19:00
Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, Wednesday cut their base rates by 0.25 percent to 10 percent, which will lead to lower EMIs for its customers.
Last Updated: Thursday, April 16, 2015, 22:18
State-owned Punjab National Bank Thursday reduced interest rate on fixed deposit by 0.25 percent on select maturities, a moves which is seen as precursor to cut in the lending rate.
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