Punjab National Bank’s (NSE:PNB) dividend will be increasing from last year’s payment of the same period to ₹1.50 on 29th of July. The payment will take the dividend yield to 1.2%, which is in line with the average for the industry. View our latest analysis for Punjab National Bank Punjab National Bank’s Earnings Will Easily Cover The Distributions Unless the payments are sustainable, the dividend yield doesn’t mean too much. Punjab National Bank has established itself as a dividend paying company with over 10 years history of distributing earnings to shareholders. While past data isn’t a guarantee for the future, Punjab National Bank’s latest earnings report puts its…
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Category: Punjab National Bank
PNB Outlook for the Week (May 13, 2024 – May 17, 2024)
PNB staffer held for helping cons open a/c, park defrauded money – The Times of India
PNB staffer held for helping cons open a/c, park defrauded money The Times of IndiaGurugram Cyber Police busts stock market investment scam, arrest a Punjab National Bank employee The Times of India3 held in connection with Rs 44 lakh cyber fraud case in Gurugram ThePrintBank employee among three arrested for fraud The Tribune India11 cyber thugs held, over Rs 14-crore fraud busted: Gurugram police Deccan Herald
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Get Up to ₹5 Lakhs Loan in 15 Days! Apply Online with Punjab National Bank (PNB)
PNB is giving a great offer to its customers, in which you can get a loan ranging from ₹ 50,000 to ₹ 5 lakh. This loan is completely online, for which you do not need to visit the bank. Your loan application will be accepted within 15 days and the loan amount will be deposited directly into your account.
Do you want to get a loan easily while sitting…
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PNB’s data analytics to help recover loan
NEW DELHI: State-run Punjab National Bank (PNB) has deployed data analytics to study repayment behaviour of customers to ensure timely loan recovery, while using specially abled personnel to chase borrowers, who are prone to delaying payments.PNB managing director Atul Kumar Goel told TOI that the bank has developed data analytics to identify borrowers from the database who delay their payments.”We know exactly which customer needs to be reminded once after the due date or needs to be called a few times to ensure that EMI is made or may require a visit from bank staff,” he said. And, manning some of the seats in the call centres are 100-150 visually-impaired executives, who often chase…
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Good news for PNB customers! Opportunity to take loan up to Rs 5 lakh sitting at home
Are you a PNB customer?
If yes, then this news is for you!
PNB is giving a great offer to its customers, in which they can take a loan up to Rs 5 lakh sitting at home.
This loan is specially designed for middle class families who need money for big projects like
PNB initiates account closure protocol to mitigate risk- Republic World
Punjab National Bank | Image:Punjab National BankPNB initiates account closure: In a proactive measure to mitigate potential misuse and associated risks, Punjab National Bank (PNB) has announced the closure of dormant accounts. This strategic move comes as part of the bank’s ongoing efforts to streamline operations and uphold stringent security protocols.Accounts with no transactional activity over the past three years, coupled with a zero outstanding balance, face imminent closure within a month’s time, as per PNB’s directive. The bank clarified that the three-year timeline for account dormancy calculation extends until April 30th.It’s imperative to note that certain categories of…
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Punjab National Bank Q4 Results Review
Punjab National Bank Ltd. reported a Q4 FY24 profit after tax of Rs 30.1 billion (5% beat), led by controlled provisions and robust other income. Opex was elevated and led to a 10% miss on pre-provision operating profit. Net interest income grew 9% YoY to Rs 104 billion (in line), while net interest margin contracted 5 bp QoQ to 3.1% (3.25% domestic). Loan book grew 12% YoY (2% QoQ) to Rs 9.3 trillion, led by a healthy traction in retail loans (3.9% QoQ growth). The credit/deposit ratio remained low at 68%, thus generating a lever to accelerate advances, unlike other banks. The current account and savings account ratio moderated 103 bp QoQ to 41.4% during the quarter. Slippages increased…
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Q4 Result: SBI Net Profit Rises 18.18%, PNB Earning Jumps Nearly Three-Fold; Details – Jagran English
Q4 Result: SBI Net Profit Rises 18.18%, PNB Earning Jumps Nearly Three-Fold; Details Jagran English
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Punjab National Bank clocks 160 pc surge in Q4
New Delhi, May 9 (IANS) Punjab National Bank (PNB) on Thursday reported a 160 per cent surge in its net profit to Rs 3,010 crore in the Jan-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 1,159 crore same quarter last year. Advertising AdvertisingOn a sequential basis, the state-run lender’s net profit jumped by 35.4 per cent compared to the Oct-Dec quarterThe bank’s board of directors have recommended a dividend of Rs 1.50 per equity share (75 per cent) for the year ended March 31, 2024 subject to requisite approvals, according to a PNB statement.The bank’s gross non-performing assets (NPA) ratio declined to 5.73 per cent…
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Source: https://m.sakshipost.com/amp/news/punjab-national-bank-clocks-160-pc-surge-q4-296665