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PNB

116.55 1.45 (-1.23%)
Last 2 days · 15m candles26/8/2026, 04:25:45
Open: 117.99High: 118.00Low: 115.83Prev: 118.00
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News mentioning PNB

Sentiment: +50%← All news
VERIFIEDET Stocks·13d★ ON YOUR LIST
Nalco among 5 stocks flashing bullish signals, hinting at a possible uptrend
AI summary· POSITIVE
  • ·Nine Nifty500 stocks showed White Marubozu signals on August 12, indicating strong buying pressure.
  • ·Nalco was among the stocks that flashed bullish signals, leading gains at 8.25%.
  • ·Other stocks showing strong buying pressure included Supreme Petrochem, Force Motors, Punjab National Bank, and BHEL.
VERIFIEDET Finance·25d★ ON YOUR LIST
PNB raising $1 billion for FCNR on-lending
AI summary· NEUTRAL
  • ·Punjab National Bank is arranging a $1 billion five-year loan.
  • ·The loan will be eligible for the RBI's special swap facility.
  • ·The bank aims to enhance participation and tap into dollar funds for overseas client deposits.
VERIFIEDET Finance·30d★ ON YOUR LIST
PNB profit to cross Rs 20,000 cr mark in FY27: MD Ashok Chandra
AI summary· POSITIVE
  • ·Punjab National Bank anticipates its FY27 net profit to surpass ₹20,000 crore.
  • ·The bank has achieved over ₹5,000 crore in quarterly profit for four consecutive quarters.
  • ·PNB plans to commence acquisition financing from Q3, adhering to RBI's revised guidelines.
VERIFIEDET Finance·38d★ ON YOUR LIST
Punjab National Bank scouting for partner to build its M&A financing portfolio: CEO
AI summary· NEUTRAL
  • ·Punjab National Bank is seeking a partner for its merger and acquisition financing portfolio.
  • ·The bank aims to gather $2.5 billion in special FCNR(B) deposits and has already mobilized funds.
  • ·PNB's corporate loan book is projected to exceed four lakh crore rupees this fiscal year, with a focus on renewable energy and hydrogen capacity.
VERIFIEDET Finance·42d★ ON YOUR LIST
Insurance distribution boosts fee income at most public sector banks in FY26
AI summary· POSITIVE
  • ·Public sector banks saw an increase in insurance commissions in FY26, with most reporting growth.
  • ·State Bank of India reported the highest insurance commissions, boosted by its subsidiary.
  • ·Canara Bank and Bank of Baroda also experienced growth in insurance commissions, while Punjab National Bank and Union Bank of India saw declines in some areas.
VERIFIEDET Finance·44d★ ON YOUR LIST
The ATM story: Banks move to cash recyclers from just dispensers
AI summary· NEUTRAL
  • ·Over 15,000 ATM units are anticipated to be put up for request for proposals (RFPs) for cash recyclers.
  • ·Approximately 77% of these units are expected to be from Public Sector Banks (PSBs).
  • ·Punjab National Bank, Union Bank of India, and Bank of India are among the banks likely to issue recycler RFPs.
VERIFIEDET Stocks·70d★ ON YOUR LIST
Prudent ARC top bidder for Aban Offshore debt
AI summary· NEUTRAL
  • ·Prudent ARC emerged as the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore.
  • ·This is the first instance of Aban Offshore's debt being sold by a bank.
  • ·The sale allows PNB to achieve an excess recovery compared to the promoters' settlement offer and avoid legal recovery processes.
VERIFIEDET Finance·74d★ ON YOUR LIST
PNB, Ujjivan raise FCNR deposit rates
AI summary· NEUTRAL
  • ·Punjab National Bank and Ujjivan Small Finance Bank have increased interest rates on FCNR(B) USD deposits.
  • ·This action was taken after the RBI announced a foreign currency swap window.
  • ·Bank of Baroda has launched a new retail term deposit scheme for resident Indians.