October 18, 2021 22:26 (IST)
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Karnataka Congress calls PM Modi 'Angootha-chhaap', triggers controversy | Kerala rains: Toll climbs to 23 in two districts | 30 Punjab locations affected by 'Rail Roko' called by SKM against Lakhimpur incident | Assam Police issues high alert as Pakistan’s ISI 'plans' to carry out big terror strike in India | Yuvraj Singh arrested, later released on bail in casteist comment probe

PNB Q1FY22: Net profit jumps 232 pc to Rs 1,023 cr, NII zooms to Rs 7,227 cr

New Delhi/IBNS: Punjab National Bank reported a net profit of Rs 1,023 crore during Q1FY22, up 232.1 per cent from Rs 308 crore in Q1FY21.

PNB reports Rs 1,200 crore 'borrowing fraud' by Ahmedabad-based company

Mumbai/IBNS: Public sector lender Punjab National Bank has reported a fraud of Rs 1,203 crore by Ahmedabad-based Sintex Industries Pvt Ltd, which had run into trouble last year, said media reports.

Punjab National Bank cuts interest rates

New Delhi/IBNS: Punjab National Bank (PNB) has decided to pass on the full benefit of recent RBIs policy rate cut of 75 bps to its borrowers covered under External Benchmark linked product of Repo Linked Lending Rate (RLLR) in respect of Retail/ MSME portfolio w.e.f 01.04.2020.

PNB narrows loss to Rs 4,750 cr in Q4

New Delhi, May 28 (UNI) Public Sector lender Punjab National Bank reported a net loss of Rs 4,750 crore for the quarter 4 in Financial Year 2018-19 due to high provisioning, the bank announced on Tuesday.

PNB posts 7.12 pc YoY profit at Rs. 247 crore in Q 3

New Delhi, Feb 5 (IBNS) :  The state-run  Punjab National Bank (PNB), plagued by a whopping 2 billion dollar fraud, posted a surprise profit in October-December quarter, aided by lower provisioning for bad loans.

Limit collateral damage from bank frauds: ASSOCHAM

New Delhi, Mar 11 (IBNS): All out efforts must be made by banks, regulators, government and India Inc to limit the collateral damage from the alleged fraud in PNB, said the ASSOCHM on Sunday, cautioning over-reaction by the banks and the investigative agencies would hurt essential credit disbursement to the trade and industry and tamper the growth expectations.