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Latest Articles in punjab national bank
Positive Pay System Mandatory For Cheque Payments Of Rs 5 Lakh And Above: PNB
The cheques that are registered in the PPS will only be accepted under the dispute resolution mechanism.
Read MorePNB Q2 Net Profit Falls 63% To Rs 411 Crore
The bank had posted a net profit of Rs 1,105 crore in 2021
Read MorePNB Increases FD Rates For Senior Citizens By 80 Bps
PNB has increased the interest rate from 6.15 per cent to 6.45 per cent on FDs of 5 to 10 years for senior citizens
Read MorePunjab National Bank Starts 24×7 WhatsApp Banking Service
PNB has started WhatsApp Banking for the convenience of the customers
Read MorePNB Signs MoU With Assam Rifles To Deliver Specially Designed Banking Products
The agreement was signed on Monday between Colonel P S Singh, Col (A), Headquarters, Directorate General Assam Rifles, and Sunil Soni
Read MorePNB Goes Live With Account Aggregation Platform
Punjab National Bank is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and Financial Information Provider (FIP), the bank said on Thursday
Read MorePNB Introduces ‘Pre-Approved Personal Loan In 4 Clicks And Single OTP’ On Its App
‘Pre-Approved Personal Loan in 4 Clicks and Single OTP ’was launched by Atul Kumar Goel, MD & CEO of PNB
Read MorePNB Signs MoU With IAF To Provide Specially Designed Products
This scheme includes, inter alia, personal accidental insurance , air accidental insurance to serving, retired and trainees of the defence forces
Read MorePNB Hikes FD Interest Rates On FDs Less Than Rs 2 Cr
A new interest rate increase has been announced by Punjab National Bank (PNB) for fixed deposits (FDs) of less than Rs 2 crore
Read MoreMeja Urja Nigam Raises Rs 250 Cr Short-term Loan From Punjab National Bank
The amount will be utilised towards financing the existing loans, its Additional General Manager (AGM) Amit Rautela told PTI
Read MorePNB To Raise Repo-linked Lending Rate From Next Month
A number of banks have already raise the repo-linked lending rates for their customers after the RBI rate hike. Some have also increased their deposit rates
Read MorePNB Increases Interest Rates On Home Loans With Others
RLLR for new customers has been effective from May 7, 2022. At the same time, the Repo Linked Lending Rate (RLLR) for existing customers will be 6.90 per cent from June 1, 2022
Read MorePNB Acquires 6% Stake In ONDC
Open Network for Digital Commerce (ONDC) is an initiative of the Ministry of Commerce and Industry to promote open networks for all aspects of the exchange of goods and services over digital networks
Read MorePNB To Have Fraud Proofing System From April 4
The Delhi-headquartered lender introduced PPS for cheques of Rs 50,000 and above presented in CTS clearing from January 1, 2021, in accordance with the RBI guidelines
Read MoreBW Real 500 - Financial #4: Punjab National Bank's Robust Performance
Despite the Covid-19 scenario during most of FY21, PNB was able to contain gross NPA at the level of Rs 1,04,423 crore as on 31 March 2021. While the gross NPA ratio stood at 14.12 per cent, Net NPA ratio was at 5.73 per cent. Provision Coverage Ratio (PCR) remained at a level of 80.14 per cent
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