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Punjab National Bank is India's first Swadeshi Bank. PNB is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. It is the Third largest PSU after IOB in India.
PNB has announced an Extraordinary General Meeting (EGM) to elect one director from its shareholders. This development focuses on corporate governance and board composition, which is key for investors.
Punjab National Bank has lowered its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across key tenors, including overnight, one-year, and three-year. This adjustment means a slight reduction in borrowing costs for customers. While the Repo linked Lending Rate and Base Rate are unchanged, this move...
Punjab National Bank has appointed Shri D. Anandan as a Government of India Nominee Director on its Board. An Indian Administrative Service (IAS) Officer, he currently serves as Additional Secretary, Department of Expenditure, Ministry of Finance. Shri Anandan brings extensive experience in policy-making and implementing government schemes, along with financial...