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The Latest Breaking News from Punjab National Bank

Banks hike lending rates, loans to get costlier

MUMBAI: Leading private sector and government-run lenders including Punjab National Bank, ICICI Bank and mortgage lender HDFC have hiked their lending rates that will make home, car and other loans costlier.

The Times of India

Explained | The case against Mehul Choksi

What happened to the charges brought against the diamantaire in Dominica? Does India have an extradition treaty with Antigua and Barbuda?

The Hindu

PNB shares tumble nearly 14% after Q4 earnings

NEW DELHI: Shares of Punjab National Bank (PNB) on Thursday tumbled nearly 14 per cent after the company reported over 60 per cent decline in standalone net profit for the quarter ended March 2022.

The Times of India

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PNB Q4 net drops 66% to Rs 202 crore

NEW DELHI: Public sector lender Punjab National Bank on Wednesday reported a 66 per cent decline in its standalone net profit at Rs 202 crore for the quarter ended March 2022 due to higher amount parked towards provisioning, even as bad loans declined.

The Times of India

PNB hikes lending rate by 40 bps

NEW DELHI: State-owned Punjab National Bank (PNB) on Friday said it has hiked its external benchmark linked lending rate by 0.40 per cent to 6.90 per cent with effect from June 1.

The Times of India

PNB launches cardless cash withdrawal facility

NEW DELHI: State-owned Punjab National Bank (PNB) on Tuesday launched cardless cash withdrawal facility for its customers as well as virtual debit card to mark its foundation day.

The Times of India

Nirav Modi's close aide Subhash Shankar Parab sent to 14-day CBI custody till April 26

NEW DELHI: The Central Bureau of Investigation (CBI) on Tuesday sent fugitive diamond merchant Nirav Modi's close aid Subhash Shankar Parab to 14-day custody, till April 26, in connection with the Punjab National Bank (PNB) loan fraud case.

The Times of India

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PNB, IDBI Bank get govt nominee directors on their boards

NEW DELHI: The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cessation of the terms of incumbent directors.

The Times of India

Future Enterprises defaults on Rs 19.16 crore loan repayment

NEW DELHI: Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 19.16 crore to Punjab National Bank, Canara Bank and Union Bank of India under the one-time restructuring plan.

The Times of India

PNB to clear cheques of Rs 10 lakh & above after customer confirmation from April 4

NEW DELHI: State-run Punjab National Bank (PNB) on Tuesday said high-value cheques of Rs 10 lakh and above will be cleared after reconfirmation with the issuer under the Positive Pay System (PPS) from April 4.

The Times of India

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