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Source: Live Mint Punjab National Bank declared a dividend of ₹2.90 per equity share, representing 145% of the face value of ₹2, coinciding with its March quarter results that met market expectations. Read Full Article
Source: Live Mint Punjab National Bank (PNB) has rolled out PNB Nirmaan 2025 scheme which gives 100 percent waiver on processing and documentation charges, the bank announced on Thursday. Launched on April 21, the state lender’s scheme will come to an end on June 20, 2025. The other charges such as NEC/legal/valuation charges are borne…
Source: Live Mint As we are aware that the Reserve Bank of India (RBI) cut the repo rate by 50 basis points. This may continue further in the near future as the rate cut was seen as the onset of rate cut cycle by the banking regulator. Following this, one private bank has already slashed its savings…
Source: Live Mint PNB Q3 Results: Punjab National Bank (PNB) on Friday, January 31 posted strong results for the quarter ended December 2024 (Q3FY25). It reported a standalone net profit of ₹4,508.21 crore in the quarter ended December 2024, recording a substantial growth of 103 percent from ₹2,222.8 crore, in the year-ago quarter. Sequentially, it…
Source: Live Mint Stocks to buy under ₹100: Domestic equity benchmarks Sensex and Nifty 50 snapped their two-day losing streak and settled within the positive territory in the previous session after the Reserve Bank of India (RBI) decided to inject ₹1.5 lakh crore into the financial system. The 30-share Sensex climbed 535.24 points or 0.71…
Source: Live Mint Punjab National Bank (PNB) has revised its interest rates starting Jan 1, 2025. The latest rates now offer interest up to 8.05 per cent per annum. The interest rates range between 6.85 percent to 7.3 for regular citizens. Senior citizens are offered an extra 50 basis points and super senior citizens are…
Source: Live Mint Punjab National Bank (PNB) has revised its fixed deposit (FD) rates and added two new tenures for deposits of less than ₹3 crore. The revised rates and new tenures became effective on January 1, 2025. PNB has added a 303-day tenure with an interest rate of 7 per cent and a 506-day…
Source: Live Mint Stocks to buy under ₹100: The domestic benchmark indices saw the Sensex increase by 226 points, while the Nifty 50 closed above the 23,800 level on Friday, driven by gains in the auto and banking sectors, despite investors exercising caution due to foreign institutional investor (FII) outflows and a historic drop in…
Source: Live Mint To guarantee prompt payment of principal and interest, Punjab National Bank (PNB) asks all investors in Sovereign Gold Bonds (SGB) and RBI Bonds, particularly those holding mature or soon-to-mature bonds, to confirm their bank account information as soon as possible. Delays could occur if your account is closed or inaccurate. To prevent…
Source: Live Mint Stock Market today: The domestic benchmark indices, Sensex and Nifty 50, opened slightly higher on Wednesday following a three-day winning streak. Traders are anticipating gradual market movements ahead of the domestic central bank’s interest rate decision later this week. Sensex climbed 190.47 points to 81,036.22 in early trade; Nifty 50 was up…
