Punjab National Bank (PNBK.BO)

PNBK.BO on Bombay Stock Exchange

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Tue, Nov 14 2017

BRIEF-Punjab National Bank seeks shareholders' nod for raising capital not exceeding 50 bln rupees

* Seeks shareholders' nod for raising equity capital for an amount not exceeding 50 billion rupees

Punjab National Bank, Union Bank bad loan growth slows but provisions weigh

NEW DELHI/MUMBAI Two of India's big state banks saw the pace of bad loan growth slow in the second-quarter, but steep provisions for defaulters in bankruptcy proceedings mean profits will stay under pressure until at least March.

UPDATE 2-India's PNB, Union Bank bad loan growth slows but provisions weigh

* Bankruptcy cases help push Union Bank to loss (Adds Union Bank and Uco Bank figures, details)

BRIEF-India's PNB says has $1 bln in loans to cos in second RBI list for potential bankruptcies

* Exec says have 110 billion Indian rupee ($1.70 billion) loan exposure to 9 cos in first RBI list for bankruptcies

India's Punjab National Bank Q2 profit rises, beats estimates

Nov 3 India's state-run Punjab National Bank , the country's fourth-biggest lender by assets, reported a 2 percent rise in second-quarter profit, beating forecasts.

BRIEF-India's Punjab National Bank Sept-qtr net profit up 2 pct

* Punjab National Bank consensus forecast for Sept quarter net profit was 4.33 billion rupees

BRIEF-Punjab National Bank maintains 1-year MCLR at 8.15 pct

* Says one-year MCLR at 8.15 percent w.e.f. Nov 1‍​ Source text - http://bit.ly/2zPSdvO Further company coverage:

MEDIA-India's Punjab National Bank planning QIP to raise $250 mln - $300 mln - Mint

- Note: Reuters has not verified this story and does not vouch for its accuracy

BRIEF-Punjab National Bank approaches board to raise basel III compliant bonds

* Approached board to raise basel III compliant debt instrument tier I bonds worth INR 30 billion and tier - II bonds up to INR 30 billion Source text - http://bit.ly/2fQBmAB Further company coverage:

BRIEF-Punjab National Bank to consider ‍raising capital worth up to 50 bln rupees

* Says to consider ‍raising common equity tier capital worth up to 50 billion rupees Source text: http://bit.ly/2hkTgz5 Further company coverage:

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