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Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...
Indian banks activate BCPs, shift West Asia staff to India amid Iran-US conflictIndian banks are taking steps to ensure the safety of their staff in West Asia. Some banks have already moved operations to India to manage...
PNB Q4 Results: Cons net profit jumps 14% YoY to Rs 5,225 crore, but NII down 4%Punjab National Bank announced a robust 14% year-on-year net profit surge to Rs 5,225 crore for Q4 FY26, despite a slight dip in net intere...
HDFC, Yes Bank, SBI, AU Small Finance Bank shares jump up to 4%. Key Nifty Bank levels to watch out forIndian bank stocks experienced a significant jump on Tuesday. AU Small Finance Bank, HDFC Bank, SBI, and Yes Bank saw notable increases. Th...
Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
PNB Housing Finance to raise up to Rs 2,000 cr via bondsThe board of directors held a meeting on June 14, 2022 and approved issuance of non-convertible debentures aggregating up to Rs 2,000 crore...
PNB board okays Rs 500 crore infusion in PNB Housing FinanceThe public sector bank board has approved the bank's participation in the proposed rights issue for an amount up to 500 crore in order to r...
No capital infusion by Punjab National Bank in housing finance subsidiaryAs of December 31, 2020, Punjab National Bank held 32.65 per cent stake in PNB Housing. PNB --as a promoter-- has to remain invested in the...
RBI seeks details of Punjab National Bank's capital raising plansPNB’s chief executive SS Mallikarjuna Rao is expecting a positive note from RBI soon. “It’s not that the issue is stalled or there is no co...
CEO says PNB Housing has capital for six monthsPNB Housing said its capital is good enough for the next six months and it would think of an alternative plan if its promoter Punjab Nation...
CCI approves General Atlantic's 6.5% stake buy in PNB Housing FinanceState-owned Punjab National Bank (PNB) in March had said that it will sell 6.5 per cent of its stake in PNB Housing Finance to global priva...
PNB Housing Finance shareholders okays foreign investment limit to 74%Punjab National Bank (PNB) and Carlyle Group planning to initiate the process to sell at least 51 per cent stake in the mortgage lender PNB...
Punjab National Bank approves 1:5 share splitState-owned Punjab National Bank has approved sub-division of one equity share into five with the aim to increase liquidity of scrip.
PNB gets regulatory approvals for acquiring 30% stake in Metlife India Insurance, company to be re-brandedPunjab National Bank today said it has received all regulatory approvals for acquiring 30 per cent stake in Metlife India Insurance.
- IRDA approves PNB-MetLife Insurance deal
Insurance Regulator IRDA has approved the 30 per cent stake purchase by Punjab National Bank (PNB) in MetLife India Insurance Company.
- PNB shareholders approve preferential issue to Govt, LIC
The shareholders at the general meeting yesterday approved issuance of 1.28 cr shares to the govt on preferential basis, PNB said.
- Punjab National Bank waiting for IRDA nod on Metlife deal
If the proposed deal goes through, Punjab National Bank would become the largest shareholder in the insurance company.
- PNB to pick up partners' 58% stake in life venture
Punjab National Bank will buy out the 58% stake held by two of its partners in a proposed life insurance joint venture, which is still awai...
- PNB picks up stake in life venture
Punjab National Bank will buy out the 58 per cent stake held by two of its partners in a proposed life insurance joint venture, which is st...
- PNB seeks FSA nod for opening UK subsidiary
Punjab National Bank has filed application with regulator FSA for opening a banking subsidiary in the UK.