punjab national bank


PSU bank stocks in demand; gain up to 5%

May 21 2018

The scrip of Bank of India soared 5.31 per cent, Punjab National Bank 4.62 per cent, Union Bank of India 4.38 per cent and Bank of Maharashtra 3.03 per cent.

CBI likely to approach Interpol for notice against Nirav Modi

May 20 2018

CBI likely to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi

Wilful defaults by PNB's big borrowers slip further to Rs 15,200cr

May 20 2018

PNB saw wilful defaults by big borrowers slipping further to Rs 15,199.57 crore in April this year over the previous month.

HC quashes PNB scam accused's arrest for breach of sunset rule

May 18 2018

Bombay High Court declared the arrest of Kavita Mankikar, an accused in the Punjab National Bank scam, as illegal, as she was taken into custody after sunset.

PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout

May 16 2018

Shares of PNB slumped around 14 per cent, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18.

PNB shares tank over 6% on disappointing Q4 show

May 15 2018

Shares of PNB today fell by 6% after the company posted largest ever quarterly loss of Rs 13,416.91 cr. The stock went down by 3.80 per cent to end at Rs 86 on BSE.

CBI files charge sheet in Nirav Modi case, names PNB ex chief

May 14 2018

CBI filed its first charge sheet in PNB case, detailing the alleged role of the bank's former chief Usha Ananthasubramanian, officials said.

PNB scam: ED's no to share Nirav, Mehul's seized assets' details

May 06 2018

ED has refused to disclose under the RTI Act the assets of Nirav Modi and Mehul Choksi seized during its probe into the over $2 billion scam in PNB.

PNB fraud: CBI court issues non-bailable warrant against Choksi

Apr 11 2018

A special CBI court issued a non-bailable warrant today against Mehul Choksi, one of the key accused in the multi-crore PNB loan fraud.

Fitch downgrades Punjab National Bank's viability rating to BB-

Apr 10 2018

Fitch Ratings has downgraded the Viability Rating of Punjab National Bank (PNB) to 'bb-' from 'bb' and has maintained the rating on RWN.

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