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Punjab National Bank (PNBK.NS)

PNBK.NS on National Stock Exchange of India

158.25INR
21 Jul 2017
Change (% chg)

Rs1.50 (+0.96%)
Prev Close
Rs156.75
Open
Rs158.00
Day's High
Rs159.70
Day's Low
Rs155.95
Volume
6,926,819
Avg. Vol
10,437,076
52-wk High
Rs185.80
52-wk Low
Rs112.00

Latest Key Developments (Source: Significant Developments)

India's NSE bank index rises after RBI says identifies 12 large defaulters
Tuesday, 13 Jun 2017 11:44pm EDT 

June 14 (Reuters) - :India's BSE Bank index .NSEBANK 0.33 percent higher in pre-open trade after rbi says to start bankruptcy proceedings against 12 large loan defaulters.State Bank of India <<>> shares up 0.72 percent in pre-open trade, Punjab National Bank <<>> up 0.57 percent, Bank of Baroda <<>> up 1.21 percent.RBI on Tuesday said it has identified 12 of the largest loan defaulters and will order lenders to start bankruptcy proceedings against them nL3N1JB1TB.  Full Article

India's Punjab National Bank posts March-qtr profit
Tuesday, 16 May 2017 03:31am EDT 

May 16 (Reuters) - Punjab National Bank :March quarter net profit 2.62 billion rupees versus net loss of 53.67 billion rupees year ago.March quarter interest earned 118.9 billion rupees versus 108.24 billion rupees year ago.Consensus forecast for march quarter net profit was 4.40 billion rupees.March quarter provisions and contingencies 57.54 billion rupees versus 98.78 billion rupees year ago.March quarter gross NPA 12.53 percent versus 13.70 percent previous quarter.March quarter net NPA 7.81 percent versus 9.09 percent previous quarter.  Full Article

Punjab National Bank Dec-qtr profit rises four-fold
Tuesday, 7 Feb 2017 01:48am EST 

Punjab National Bank : Dec quarter net profit 2.07 billion rupees versus net profit of 510.1 million rupees year ago . Dec quarter interest earned 119.84 billion rupees versus 122.21 billion rupees year ago . Dec quarter provisions and contingencies 29.36 billion rupees versus 37.76 billion rupees year ago . Dec quarter gross NPA 13.70 percent versus 13.63 percent previous quarter . Dec quarter net NPA 9.09 percent versus 9.10 percent previous quarter . Consensus forecast for Dec quarter net profit was 6.29 billion rupees .Says provision coverage ratio as at Dec 31 works out to 54.96 percent.  Full Article

Punjab National Bank seeks members' nod to issue shares of up to 21.12 bln rupees to India govt
Wednesday, 3 Aug 2016 06:24am EDT 

Punjab National Bank : Seeks members' nod to issue equity shares of up to 21.12 billion rupees to India government .  Full Article

India's Punjab National Bank targetting 10-11 pct credit growth in FY17
Thursday, 28 Jul 2016 03:42am EDT 

India's Punjab National Bank : Exec says net interest margin likely between 2.5 to 2.8 percent for fiscal year 2016/17 . Exec says targeting 10-11 percent of credit growth in this financial year Further company coverage: [PNBK.NS] (Reporting By Sankalp Phartiyal) ((swati.bhat@thomsonreuters.com;)).  Full Article

Punjab National Bank approves seeking members' nod for 21.12 bln rupee share issue to India govt
Thursday, 28 Jul 2016 03:19am EDT 

Punjab National Bank : Approves seeking approval of shareholders for issuance and allotment of equity shares to GoI to the tune of 21.12 billion rupees .  Full Article

Punjab National Bank June-qtr profit down about 57.5 pct
Thursday, 28 Jul 2016 03:05am EDT 

Punjab National Bank : Punjab National Bank June-quarter net profit 3.06 billion rupees;interest earned 115.75 billion rupees; provisions 27.38 billion rupees . Says June-quarter gross NPA 13.75 percent versus 12.90 percent previous quarter; June-quarter net NPA 9.16 percent versus 8.61 percent previous quarter . Consensus forecast for June-quarter net profit was 1.18 billion rupees .  Full Article

Punjab National Bank says RBI has imposed penalty of 30 mln rupees on bank
Monday, 25 Jul 2016 08:31am EDT 

Punjab National Bank : RBI imposed penalty of INR 30 million on bank .  Full Article

India cenbank removes PNB from Foreign investment caution list
Friday, 8 Jul 2016 07:51am EDT 

Reserve Bank of India: Rbi - monitoring of foreign investment under pis in Indian companies - removal from caution list - Punjab National Bank . Rbi - restrictions placed on the purchase of shares of the above company vide press release dated may 22, 2009 are withdrawn with immediate effect .  Full Article

India's Punjab National Bank SMA-2 accounts worth about 110 bln rupees: exec
Wednesday, 18 May 2016 04:35am EDT 

India's Punjab National Bank : Exec says impaired assets 17.55 percent of gross advances in March quarter . Exec says sma2 accounts worth about 110 billion rupees Further company coverage: [PNBK.NS] (Reporting By Aditi Shah in NEW DELHI) ((swati.bhat@thomsonreuters.com;)).  Full Article

BRIEF-Punjab National Bank sets overnight MCLR at 8 pct with effect from July 1

* Sets overnight MCLR at 8 percent with effect from July 1 Source text: (http://bit.ly/2ttii3f) Further company coverage: