18 Jan 2024, 02:24:29 PM ISTPunjab National Bank share price Today :Punjab National Bank trading at ₹98.34, up 1.13% from yesterday’s ₹97.24 The current stock price of Punjab National Bank is ₹98.34. There has been a percent change of 1.13, indicating a slight increase in the stock price. The net change is 1.1, suggesting that the stock price has increased by ₹1.1.
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Category: Punjab National Bank
Bank News: Personal Loans Become More Expensive Due To Marginal Rates Increase – Jagran TV
Bank News: Personal Loans Become More Expensive Due To Marginal Rates Increase Jagran TV
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Punjab National Bank share price Today Live Updates : Punjab National Bank
Punjab National Bank Stock Price TodayPunjab National Bank Share Price Today : On the last day, Punjab National Bank (PNB) opened at ₹95.26 and closed at ₹94.79. The stock had a high of ₹98.6 and a low of ₹94.7 during the day. PNB’s market capitalization is ₹107,599.64 crore. The 52-week high for the stock is ₹99.25 and the 52-week low is ₹44.41. On the BSE, there were 3,865,061 shares traded for PNB.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Fixed Deposits: Unity SFB, Equitas, SBM, PNB and others – complete list of 20 banks with highest FD rates
Certainly, fixed deposits (FDs) enjoy widespread popularity, largely due to their stability amid market volatility. In contrast to investments tied to market performance, subject to fluctuations, FDs provide a fixed interest rate determined at the onset of the investment. This assured predictability offers a sense of security, particularly appealing to individuals who prefer to avoid risks.
Issued by reputable institutions, usually banks or financial entities with robust credit ratings, these…
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Multibagger PSU Bank To Mull Fund Raising On Dec 28, Shares Fall 2.21% In 1-Week – Goodreturns
Multibagger PSU Bank To Mull Fund Raising On Dec 28, Shares Fall 2.21% In 1-Week Goodreturns
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Buy PNB Housing Finance; target of Rs 1025: Motilal Oswal
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Motilal Oswal’s research report on PNB Housing Finance
Over the past two years, PNBHF has successfully transformed its business model into retail (both prime and affordable verticals) and has reduced its corporate loan book to ~4% of the AUM mix. In Apr’23, PNBHF completed its rights issue of ~INR25b, which has brought in confidence capital and has strengthened its case for a credit rating upgrade from credit rating agencies (CRAs). India Ratings recently upgraded PNBHF to AA+. PNBHF has set up an affordable…
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RBI’s stricter HFCs norms to have minimal impact on PNB Hsg, LIC Hsg, Can Fin Homes, say analysts
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PNB Housing, LIC Housing Finance and Can Fin Homes will see limited to no impact of Reserve Bank of India’s proposed stricter norms for deposit-taking housing finance companies (HFCs), analysts said.
The central bank on January 15 proposed to reduce the ceiling for public deposits held by HFCs to 1.5x from 3x of net owned funds.
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Bunty Chawla, AVP-BFSI at IDBI Capital Markets & Securities explained that earlier HFCs could have deposits up to Rs 300 for Rs 100 of…
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Union Bank surpasses Rs. 1L crore valuation; joins SBI, PNB
Union Bank surpasses Rs. 1L crore valuation; joins SBI, PNB
Business
2 min read
A recent note from Motilal Oswal states that state-run banks are due for a re-rating
Source: https://www.newsbytesapp.com/news/business/union-bank-of-india-crosses-rs-1l-crore-valuation/story
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“India’s digital infra will help it take AI leap” PwC’s Bob Moritz on India’s digital transformation
PwC Global Chairperson Bob Moritz along with India Chairperson Sanjeev Krishan speak to Moneycontrol’s Chandra R Srikanth on PwC’s Global CEO Survey. On one hand the CEOs are optimistic heading into 2024, on the other, almost half of them are concerned about business viability amid acceleration of tech and climate pressure. Moritz and Krishan decode the PwC Global survey, also throwing light on how India Inc is placed.
Being bullish on India’s growth, Moritz highlights how India is…
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Source: https://www.moneycontrol.com/
ACEN guarantees $320-m loan of unit from PNB, RCBC
ACEN Corp. said Monday said it issued corporate guarantees to Philippine National Bank and Rizal Commercial Banking Corp. which lent $320 million to ACEN Cayman, one of its international units.
ACEN said in a disclosure to the Philippine Stock Exchange it issued corporate guarantees in support of ACEN Cayman to PNB for $140 million and RCBC for $180 million on Jan. 12, 2024.
“This loan obtained by ACEN Cayman shall be used to redeem the redeemable preferred shares held by AC Energy Finance International Limited [ACEFIL] in ACEN Cayman; the proceeds will in turn be used by ACEFIL to redeem its maturing green bonds,” the company said.
ACEN, the listed energy platform of the…
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Source: https://manilastandard.net/business/314407556/acen-guarantees-320-m-loan-of-unit-from-pnb-rcbc.html