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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.
Punjab National Bank has announced the appointment of Shri Divesh Sehara, an IAS officer and Joint Secretary at the Ministry of Finance, as a Government Nominee Director on its board.
Punjab National Bank has announced the appointment of Shri Divesh Sehara as a Director on its Board, representing the government with immediate effect, replacing Shri D. Anandan. The new board member currently serves as a Joint Secretary in the Ministry of Finance's Department of Financial Services. This leadership change brings...
Punjab National Bank has informed that bank unions have called for multiple strikes across upcoming dates. While the bank is taking steps to ensure normal branch operations, services may experience disruptions if the strikes materialize.
PNB updated its lending rates. The 3-month MCLR increases to 8.50% from 8.45%. Other MCLR tenors, Repo linked Lending Rate (RLLR), and Base Rate remain unchanged. This operational tweak impacts borrowing costs.
PNB has issued a notice to shareholders regarding a special window for transfer and dematerialization of physical shares. This aims to streamline holdings for investors.