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India

Punjab National Bank (PNBK.BO)

PNBK.BO on Bombay Stock Exchange

87.20INR
23 Apr 2019
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Latest Key Developments (Source: Significant Developments)

PNB CEO & MD Mehta Says SBI Working On Emergency Funding For Jet Airways
Tuesday, 16 Apr 2019 

April 16 (Reuters) - PNB CEO And MD Sunil Mehta::PNB CEO AND MD SUNIL MEHTA SAYS SBI WORKING ON EMERGENCY FUNDING FOR JET AIRWAYS; EVERYTHING IS UNDER DISCUSSION, NOTHING FINALISED.PNB CEO AND MD SUNIL MEHTA SAYS LENDERS COMMITTED TO REVIVAL PLAN OF JET AIRWAYS; SBI AND SBI CAPS WORKING ON JET PACKAGE.  Full Article

Punjab National Bank Says Brickwork Upgraded Outlook To Stable On Certain Debt Instruments
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Punjab National Bank ::BRICKWORK UPGRADED OUTLOOK TO STABLE FROM NEGATIVE ON CERTAIN OF CO'S DEBT INSTRUMENTS.  Full Article

Punjab National Bank Says Sold Entire Stake In Experian Credit Information Co
Friday, 29 Mar 2019 

March 29 (Reuters) - Punjab National Bank ::SOLD ENTIRE STAKE OF 4.2 MILLION UNLISTED EQUITY SHARES IN EXPERIAN CREDIT INFORMATION COMPANY OF INDIA PVT. LTD. ON MARCH 28.  Full Article

PNB Says Agreement For Sale Of 10.9 Mln PNB Housing Finance Shares To General Atlantic Group
Friday, 29 Mar 2019 

March 29 (Reuters) - Punjab National Bank ::PUNJAB NATIONAL BANK - ENTERED INTO AGREEMENT FOR SALE OF 10.9 MILLION SHARES HELD IN PNB HOUSING FINANCE TO GENERAL ATLANTIC GROUP FOR 9.26 BILLION RUPEES.PUNJAB NATIONAL BANK - ENTERS AGREEMENT FOR SALE OF 10.9 MLN SHARES OF PNBHF TO VARDEPARTNERS FOR 9.26 BLN RUPEES.  Full Article

Punjab National Bank Expects To Bring Down Gross NPA By At Least 200 BPS In Current Qtr - CEO
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Punjab National Bank CEO Sunil Mehta::CEO SAYS AS A STRATEGY, BANK TO FOCUS ON DOMESTIC BUSINESS, SHUN OVERSEAS BUSINESS.CEO SAYS BANK TO RECRUIT ABOUT 4000 TO 5000 EMPLOYEES.CEO SAYS BANK HAS MADE A PROVISION OF 3.31 BILLION RUPEES FOR SLIPPAGE IN IL&FS ACCOUNT.CEO SAYS CURRENT NPA IN MUDRA LOANS IS ABOUT 12 PERCENT, IN SMALL BUSINESS LOANS AROUND 14 PERCENT.CEO SAYS EXTENT OF SHARE SALE IN PNB HOUSING FINANCE TO DEPEND ON BID VALUE;LAST DATE FOR BIDS IS FEB 8.CEO SAYS EXPECT 10 PERCENT LOAN GROWTH IN NEXT FINANCIAL YEAR.CEO SAYS CO EXPECTS AT LEAST 25 PERCENT RECOVERY ON AVERAGE IN INSOLVENCY CASES.EXEC SAYS CO EXPECTS TO BRING DOWN GROSS NPA BY AT LEAST 200 BASIS POINTS IN CURRENT QUARTER.  Full Article

Punjab National Bank Exec Says Total Recovery Of Stressed Loans In First 3 Qtrs At 166.08 Bln Rupees
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Punjab National Bank Exec::EXEC SAYS TOTAL RECOVERY OF STRESSED LOANS IN FIRST THREE QUARTERS TOUCHED 166.08 BILLION RUPEES .EXEC SAYS CO'S GROSS OVERSEAS BUSINESS DOWN 39.8 PERCENT Y-O-Y IN FIRST 9 MONTHS TO DEC QUARTER TO 585.73 BILLION RUPEES.EXEC SAYS WRITTEN OFF LOANS AMOUNTING TO 30.82 BILLION RUPEES IN Q3 VERSUS 35.43 BILLION RUPEES IN Q2.  Full Article

Punjab National Bank Says Finmin Notified Amalgamation Of Madhya Bihar Gramin Bank And Bihar Gramin Bank
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Punjab National Bank ::FINMIN NOTIFIED AMALGAMATION OF MADHYA BIHAR GRAMIN BANK AND BIHAR GRAMIN BANK INTO A SINGLE REGIONAL RURAL BANK.FINMIN ALSO ISSUES NOTIFICATION FOR AMALGAMATION OF PUNJAB GRAMIN BANK, MALWA GRAMIN BANK , SUTLEJ GRAMIN BANK IN PUNJAB.  Full Article

Punjab National Bank Says Crisil Upgrades Rating On Certain Bonds Of Co
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Punjab National Bank ::SAYS CRISIL UPGRADES RATING ON CERTAIN BONDS OF CO.  Full Article

India's PNB Says Independent Stake Sale In PNB Housing Under Process
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Punjab National Bank ::CLARIFIES ON NEWS ITEM ON CARLYLE EYEING CO'S STAKE IN PNB HOUSING FINANCE.THE INDEPENDENT STAKE SALE IN PNB HOUSING BY PUNJAB NATIONAL BANK IS UNDER PROCESS.  Full Article

Punjab National Bank Says Carlyle Group Withdraws From Joint Stake Sale Process
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Punjab National Bank ::SAYS CARLYLE GROUP HAS WITHDRAWN FROM JOINT STAKE SALE PROCESS AND JOINT STAKE SALE PROCESS HAS BEEN TERMINATED.SAYS PNB WILL CONTINUE TO PURSUE AND PROCEED WITH AN INDEPENDENT SALE OF ITS SHAREHOLDING IN PNBHFL.  Full Article

TABLE-India Certificates of Deposit deals on F-TRAC-Apr 9

Apr 9 Following are the details of deals in Indian Certificates of Deposit reported on Clearcorp F-TRAC Platform. ISIN DESCRIPTION MATURITY WTG AVG WTG AVG NO OF TRADED LAST TRADED DATE PRICE YLD% TRADES VALUE* PRICE YIELD ============ ============ ======== ======= ======= ====== ===== =============== INE238A162J5 AXIS BK 10-Apr-19 99.9825 6.3886 2 20 99.