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PNB ADVANCES GROWTH
PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...- Bank stocks gain on softer bond yieldsBanking stocks rallied on Monday, led by public sector lenders, as a dip in government bond yields improved sentiment. The Bank Nifty and N...
- Mayuresh Joshi's top picks: Chemicals the dark horse, underweight on ITIndian markets delivered strong earnings, but opportunities vary. Autos show stable demand with input cost risks. Chemicals are a potential...
- PNB hikes cybersecurity spend as AI models including Anthropic's Mythos raise risksPunjab National Bank is boosting its cybersecurity spending by over 50% this financial year. The bank is investing heavily in technology to...
- PNB Q4 net profit rises 14% YoY to ₹5,225 crore; targets ₹2 lakh crore digital book in FY27Punjab National Bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing ₹1 lakh crore in digital sancti...
- Game of cards: Top banking players opt for tight gambit, rivals up the anteSince the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No ...
- PNB Q4 updates: Global business rises 11% YoY to Rs 29.72 lakh crore; advances jump 13%Punjab National Bank reported an 11% year-on-year rise in global business to Rs 29.72 lakh crore in Q4, with advances growing 13%. Domestic...
- PNB Q3 updates: Global business grows 9.6% YoY to Rs 28.92 lakh crore, advances jump 11%PNB reported a steady Q3 update with global business rising 9.6% YoY to Rs 28.92 lakh crore and advances growing 11%. Deposits saw healthy ...
- PNB to focus on project financing to revive business loan growth, CEO saysPunjab National Bank aims to boost business loan growth by focusing on infrastructure, smart metering, and renewable energy projects, accor...
- Buy PNB Housing Finance, target Rs 1,700: Edelweiss BrokingBuy PNB Housing Finance Ltd. at a price target of Rs 1700.
- Punjab National Bank plans to sell non-core assets to shore up capitalThe bank may not sell stake in its life insurance arm PNB MetLife at this point. Last October, the bank had listed PNB Housing Finance.
- Bad loans weigh on PSU banks as growth faltersA comparatively higher rate of loans slipping into non-performing assets and restructuring of loans impacted the asset quality of the publi...
- No cut in lending rates till cost of deposits come down: PNBPNB today ruled out any reduction in lending rates for now in the wake of high inflation and increased cost of funds.
- PNB may hike interest rates; to hire 12,000 people: KamathHe added that the hike would depend on liquidity and overall market situation. Kamath said, the bank plans to recruit 12K people this year.
- PNB: Asset quality improves but payout cut disturbingPunjab National Bank posted a profit growth of 5.8% in the quarter to March 2011 quarter. What took the market by surprise was the Delhi-ba...
- Resilience to help Bank of Baroda stay a step ahead of peersBank of Baroda (BoB) ended the June 2010 quarter with a higher loan growth and a better asset quality than its closest public sector peers ...
- Bank stays ahead, more upside seenA 79-basis point improvement in net interest margin (NIM) and 21% growth in advances helped Punjab National Bank (PNB) post a 31% profit gr...
- PNB registers impressive growth in KeralaPunjab National Bank (PNB) has recorded an impressive growth of 24 per cent in its total business in Kerala during the previous fiscal endi...
- PNB pays Rs 72.90 crore dividend to GOIPunjab National Bank has paid 40% interim dividend amounting to Rs.72.90 crore for the financial year 2006-07, to Govt. of India.
- PNB on a positive notePunjab National Bank’s (PNB) flat profit notwithstanding, its June ’06 quarter results had some positive surprises.
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