Home »
PNB News
PNB
Nifty PSU Bank – shares trading in red with 9 declines, 4 advances; SBI inches closer to target price of Rs 450; watch out for PNB, Canara Bank
Thu, Jul 15, 2021
Out of the 13 stocks in the index, 4 advanced while 9 were on the decline. The biggest gainer was J&K Bank while the biggest loser was Maharashtra Bank. Among the PSU Bank heavyweights, SBI was marginally up around this time from the last closing. Punjab National Bank (PNB), Canara Bank, and Bank of Baroda (BoB) were trading with negative bias
More >

Nifty PSU Bank stocks for making money! Strong movement! SBI, PNB, Canara Bank are top buys for BIG GAINS
Mon, Jul 12, 2021
Banking stocks were trading in the green on Monday. While the private Banks on Nifty Bank index were trading up, their state-run peers were also trading in a positive territory. At 12:25 pm, Nifty PSU Bank was trading at 2,489.15, up almost 0.8 per cent from the previous closing on Friday
More >

Punjab National Bank differs with PNB Housing Finance over proposed Carlyle deal
Thu, Jul 08, 2021
PNB Housing Finance and its parent Punjab National Bank are on different pages when it comes to the housing finance company's proposed preferential issue worth Rs 4,000 crore to entities led by The Carlyle Group Inc.
More >

Nifty PSU Bank stocks ALERT! SBI, PNB, Canara Bank are top stocks to buy, this analyst says; see buying levels, target price here
Tue, Jun 22, 2021
Banking stocks were trading in the green. While the private Banks on the Nifty Bank index were trading up, their state-run peers were also trading in positive territory. At 11:50 am, Nifty PSU Bank was trading at 2,517.35, up almost 1.6 per cent from the previous closing on Monday
More >
Online banking fraud: SBI, PNB customers Alert! Check TIPS by State Bank of India, Punjab National Bank to keep your money safe
Tue, Jun 15, 2021
Internet banking fraud is one such fraud or theft committed using online technology to illegally remove money from a bank account and/or transfer money to an account in a different bank.
More >

PNB share price: Punjab National Bank (PNB) is a BUY, details highlighted for INVESTORS
Mon, Jun 14, 2021
PNB Share price: PNB emerged stronger during the pandemic year FY21 compared to the previous financial year. The absolute GNPA declined 6% YoY to Rs 1 tn and absolute NNPA stood flat at Rs 385bn. Provision coverage for bad loans improved to 80.1%. Moreover, the NII/NIM drag down in 4QFY21 is insignificant due to the onetime impact of interest reversal from proform slippages
More >
How market performed? Nifty Realty, Nifty PSU Bank top gainers among sectoral indices as Sensex, Nifty end shy of all-time highs; PNB, SBI, DLF end higher
Thu, Jun 10, 2021
Nifty Realty and PSU Bank were the top gainers among sectoral indices on Thursday gaining by over 3.3% and 2.4% respectively. While Nifty Realty ended at 361, Nifty PSU Bank closed at 2,487.65
More >

Fixed Deposits Latest Interest Rates: SBI vs PNB vs HDFC vs ICICI: COMPARISON - Want to do 1 year FD? Which bank will offer more money? Know here
Thu, Jun 10, 2021
Fixed Deposit (FD) is a traditional and reliable investment option in India. Even today most people prefer investing money in Bank FD. One of the specialties of FD is that in this, customers get the option of deposits from 7 days to 10 years. This means you can park your money in a safe place for as long as you want and get a guaranteed return.
More >

PNB share price: Q4 result DETAILS highlighted for investors; check TARGET
Tue, Jun 08, 2021
Sharekhan says that Punjab National Bank posted weak results with operational performance coming below expectations and disappointing asset quality performance. The Net Interest Income (NII) came at Rs 6937 cr, was down 16.3% qoq and was below expectations. The PAT came in at Rs 586 cr, up 15.9% QOQ (there was a Loss in Q4 FY2020) but was still below expectations, mainly due to lower topline due to high slippages
More >

PNB reduces home loan interest rates - MCLR slashed | Implemented from June 1
Thu, Jun 03, 2021
PNB has reduced the 1-year Marginal Cost of Funds Based Lending Rate (MCLR) by 0.05 percent to 7.30 percent. The revised MCLR rates came into effect from June 1, 2021, PNB had said in a regulatory filing.
More >
Stock Markets Today: Closing Bell! Banks take a hit on Tuesday as Sensex, Nifty end flat; ICICI Bank, PNB among BIGGEST Losers; check how SBI shares performed
Tue, Jun 01, 2021
In the 30 share BSE Sensex, 13 stocks were trading in the green at the end of Tuesday’s trading session while the remaining 17 were trading in the red. The top five gainers on Thursday at close were ONGC, Bajaj Finance, SBI, HDFC and Bajaj Auto while the top 5 losers were ICICI Bank, Ultratech Cement Company, Asian Paints, ITC and Kotak Mahindra Bank
More >
PNB Housing, Metal Stocks to RIL- here are top Buzzing Stocks today
Mon, May 31, 2021
The domestic benchmarks were trading with gains of more than a half per cent in Monday’s noon deals. At 12:50 pm, S&P BSE Sensex was trading 463.83 points or 0.90% higher at 51,886.71. The Nifty 50 index was trading 128.90 points or 0.84% higher at a fresh lifetime high of 15,564.55. Meanwhile, certain stocks were in action in either direction based on reports linked to them
More >

PSU Bank Stocks ALERT! PNB, SBI, BOB top gainers, Canara Bank traded flat on Wednesday; Know what is working for these stocks - OUTLOOK
Wed, May 26, 2021
Nilesh Jain said that the SBI shares are doing well on the technical charts and reflect strong growth. As previously mentioned by this analyst this stock broke a 10-year-long consolidation recently to make a lifetime high of Rs 427.70 in February this year and later fizzled out. But the momentum is back now, and he sees a target of Rs 475 on the positional term basis
More >

SBI, PNB, Canara Bank are stocks to buy – READY for BULL run, this analyst says; Know target price and RIGHT levels to buy
Mon, May 24, 2021
Banking stocks will likely lead the bull run in the markets, Nilesh Jain, Assistant Vice President, Equity Research Technical and Derivatives at Centrum Broking said. The PSU banks will participate in the market rally and Nifty PSU Bank index heavyweight State Bank of India (SBI) will lead the rally among its state-run peers, this technical analyst said
More >

PNB Loan alert! Up to Rs 2 cr loan for these professionals - Know full details here
Wed, May 12, 2021
PNB Loan - If you are a medical practitioner and are willing to set up a clinic or hospital or are looking for expansion, renovation or any other work, here is your opportunity to do it. India’s second-largest public sector bank Punjab National Bank (PNB) is giving loans up to Rs 2 cr with repayment period up to 10 years. See if this scheme ticks all the boxes for you
More >

Nirav Modi moves to UK High Court seeking permission to appeal decision against extradition
Sat, May 01, 2021
The fugitive diamond dealer Nirav Modi, who is wanted in India for allegedly defrauding Punjab National Bank (PNB) out of an estimated $2 billion has filed a permission to appeal in the UK high court against his extradition to India.
More >
