PNB Metlife Waiting For Right Conditions To Kick Its IPO
Metlife of the US has infused new life into PNB Metlife, which has been in the midst of some confusion about its future as an...
Tag : PNB
Union Bank, PNB, BoI Shares Fell over 5 Percent while merger concerns
Shares of Union Bank, BoI, and Punjab National Bank declined over 5 per cent session each in Tuesday’s sessions. Shares of Union Bank of India,...
PNB to Sell Part Of Stake in Housing Finance For Rs. 1,852 Crore
Private equity (PE) firms, Varde Partners and General Atlantic look forward to putting in Rs. 925 crore each to acquire 13 percent stake in mortgage...
PNB Says Jet Airways' Lenders Considering Interim Funding
Punjab National Bank Managing Director Sunil Mehta said that a consortium of banks, which is led by SBI, is considering an interim funding of Rs...
PNB Says Jet Airways’ Lenders Considering Interim Funding
Punjab National Bank Managing Director Sunil Mehta said that a consortium of banks, which is led by SBI, is considering an interim funding of Rs...
PNB Posts Profit In Q3 FY19 After 3 Straight Losses
The state-owned Punjab National Bank Ltd. after registering losses for three straight previous quarters reported a profit in the December ending quarter. Punjab National Bank...
PNB Housing Finance Raised Rs 1865 Crores Through ECBs
PNB Housing Finance, the home loan arm of Punjab National Bank, in the last week of December has raised US$ 265 million (approximate Rs. 1,865...
Punjab National Bank Set To Raise Rs. 539 Crores
Punjab National Bank (PNB) has announced yesterday that the bank is planning to raise Rs 539.50 crores by issuing 10 crore equity shares to its...
PNB Post Loss For Straight 3rd Quarter At Rs. 4532 Crores
Punjab National Bank registered a loss of Rs 4,532.4 crore for the July-September quarter of FY 19 as provisions expanded four-fold compared to the preceding...
PNB Planning To Sell-off Its Assets In Order To Raise Rs. 8600 Crores
Punjab National Bank (PNB), the second largest public sector lender in the country has marked multiple assets, including its housing finance arm, for sale in...