Punjab National Bank Q2 Report; Shares Tumbles 4%
Shares of Punjab National Bank were trading 4% below its previous close on 5 October after the bank announced its quarterly report for the July-September...
Tag : Punjab National Bank
RBI to Set Up Portal to Search Unclaimed Deposits in Multiple Banks
On Thursday, the Reserve Bank of India (RBI) announced a centralised portal for accessing details of depositors’ or their beneficiaries’ unclaimed deposits across banks. As...
SBI Loans to be Costlier as Bank Hikes Key Lending Rate
State Bank of India (SBI) has announced a 10 basis point (bps) hike in the marginal cost of fund-based lending rate (MCLR) across the tenor....
Vodafone Idea Approaches Banks For Loans Cost Rs 7,000 Crore
Vodafone Idea (Vi) has allegedly advanced several banks to contract loans adding up to Rs 7,000 crore, per the media report. State Bank of India,...
NSE Removes 2 Stocks, Adds 1 to Friday’s F&O Ban List
The National Stock Exchange removed two stocks from the F&O ban list on September 23 but added one when the stock exceeded 95% of the...
Adani Enterprises to Replace Shree Cement in Nifty50 on NSE from Sep 30
From September 30, Adani Group‘s flagship entity, Adani Enterprises Ltd (AEL), will be included in the Nifty 50, the National Stock Exchange benchmark index, replacing...
Kotak Mahindra Bank Reports 5,278 Fraud Cases in Q1FY22-23, SBI 9 Only
According to the Reserve Bank of India (RBI) data, Leading private sector lender Kotak Mahindra Bank recorded as many as 5,278 fraud cases in Q1FY22-23...
IDBI Bank Hits Four-Month High on Privatisation Hopes
Shares of IDBI Bank Ltd surged more than 9% to a four-month high of Rs 43.85 on the BSE after Bloomberg reported that the government...
PNB Raises Asset Quality Guidance, Aims to Lower Net NPA to 3.5% by March
State-owned Punjab National Bank has raised its asset quality guidance, aiming to reduce net non-performing assets (NPA) to 3.5% by March 2023 from 4.28% as...
SBI Board Approves Rs 11,000 Crore Capital Raise Via AT1, Tier-II Bonds
The country’s largest lender, State Bank of India, plans to raise Rs 11,000 crore through additional tier-I and tier-II bonds to meet regulatory requirements and...