Punjab National Bank

Naresh Goyal pledges his entire 51% stake in Jet to PNB

The Mumbai-based full service carrier has 113 planes in its fleet, of which 26 are owned by the carrier and the rest 87 are leased.

Jan 13, 2015, 22:56 PM IST

PNB revises interest rate on fixed deposits by up to 0.5%

State-owned Punjab National Bank (PNB) on Tuesday revised interest rate on fixed deposits by up to 0.5 percent on various maturities.

Jan 06, 2015, 19:21 PM IST

CVC refers cases of Winsome Group, Biotor to CBI: Jaitley

CBI has been asked to investigate Winsome Group of Companies for default of Rs 6,000 crore loan from lenders like Punjab National Bank.

Dec 09, 2014, 16:09 PM IST

We've right to be represented by lawyers: Kingfisher Airlines

Ailing Kingfisher Airlines, facing proceedings initiated by lending bank PNB to declare it and its guarantors Vijay Mallya and UBHL as wilful defaulters, Monday told the Delhi High Court that it has the right to be represented by lawyers before the bank's panel.

Oct 13, 2014, 22:22 PM IST

PNB revises interest rates on FDs by up to 2%

State-owned Punjab National Bank on Friday realigned interest rates on fixed deposits of Rs 1 crore-Rs 10 crore by up to 2 percent.

Oct 10, 2014, 19:30 PM IST

All NEFT transactions through PNB to be charged

Punjab National Bank (PNB) has decided to levy charges on all online transfer of funds, irrespective of the amount, to accounts in other banks made through National Electronic Fund Transfer (NEFT).

Oct 01, 2014, 14:32 PM IST

Punjab National Bank approves 1:5 share split

State-owned Punjab National Bank has approved sub-division of one equity share into five with the aim to increase liquidity of scrip.

Sep 22, 2014, 17:03 PM IST

PNB challenges HC order allowing Kingfisher to be represented by lawyers

According to PNB, the airline has wilfully defaulted in payment of outstanding dues of over Rs 774 crore.

Sep 05, 2014, 19:06 PM IST

Kingfisher Airlines should be given loan, other documents by PNB: HC

The Delhi High Court Wednesday said that Punjab National Bank, which has served a notice on Kingfisher Airlines alleging that it has willfully defaulted in payment of dues of over Rs 770 crore, should give to the carrier copies of documents relied upon by the bank.

Aug 27, 2014, 18:37 PM IST

PNB launches housing loans at 10.25%

To increase business in the festival season, Punjab National Bank (PNB) Tuesday said housing loan of up to Rs 2 crore will attract 10.25 percent interest rate and also announced full waiver of processing fee and documentation charges on housing, car and two-wheeler loans.

Aug 26, 2014, 23:32 PM IST

Lenders may tighten screws on Bhushan Steel, decision on Aug 18

With Rs 40,000 crore exposure to cash-strapped Bhushan Steel, PNB-led bank consortium will meet on August 18 to decide future course of action including setting up a team for day-to-day monitoring of financial affairs of the firm whose MD is embroiled in a bribery case.

Aug 14, 2014, 00:27 AM IST

PNB Q1 profit rises 10% to Rs 1,405 crore

State-owned Punjab National Bank on Friday posted a 10.2 percent growth in net profit at Rs 1,405 crore during the April-June quarter, helped by a rise in interest income.

Jul 25, 2014, 14:00 PM IST

PNB drops plan to enter Canadian market

State-run Punjab National Bank (PNB) has dropped plans of entering the Canadian market as regulatory clearances were taking a long time.

Jun 22, 2014, 19:32 PM IST