PNB shares down 4% as former AGM receives 5-year jail sentence in loan scam

Punjab National Bank's shares fell during Wednesday’s trade after a former assistant general manager was sentenced to five years in prison for his involvement in a loan scam that caused a loss of Rs. 53.82 crore to the bank.

No PSU bank stock rose in 2023 so far after a stellar 2022; should you buy or stay away?

In 2023, the Nifty PSU Bank index has fallen over 13 percent with all its constituents in the red. Meanwhile, in the last 1 year, the index has given over 40 percent returns to its investors. What should you do?

Bank of Baroda vs Punjab National Bank: Which is a better long-term investment?

On the back of strong earnings but a fall in stock prices, PSU banks have been in focus. But from a long-term perspective, let's find out which is a better PSU bank between Bank of Baroda (BoB) and Punjab National Bank (PNB).

HDFC, Punjab National Bank hike lending rates; details here

<ul><li>Mortgage lender HDFC has increased its retail prime lending rate by 25 basis points to a minimum of 9.20 per cent. The second-biggest public sector lender, Punjab National Bank (PNB), increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points across all tenure.</li></ul>

PNB Q3 net profit slips 44% to ₹629 crore; asset quality improves

<ul><li>Total income during October-December 2022 increased to ₹25,722 crore as against ₹22,026 crore in the year-ago period, PNB said in a regulatory filing.</li></ul>

Moody's affirms deposit rating of SBI, upgrades for PNB, BoB, Canara Bank

<ul><li>The outlooks on long-term ratings of all the four banks remain stable, Moody's Investors Service said in a statement.</li></ul>

PNB up 59% this year but will the momentum continue? Here's what brokerages say

The stock has been on a gaining streak after the September quarter earnings announcement.

JP Morgan upgrades PNB to 'overweight', sees over 25% upside; here's why

<ul><li>The Q2FY23 disclosures of the public sector bank revealed that its net slippages have entered the negative territory, recovery momentum is outpacing the creation of new non-performing loans (NPLs), and there is little stress in corporate loans.</li></ul>

Stocks To Watch: Lupin, PNB, SBI, Allcargo Logistics

India's NSE stock futures listed on the Singapore exchange were down 0.29% at 18,615.50 as of 0148 GMT.

Stocks To Watch In Trade Today: Reliance, Sadbhav Engineering, NDTV, Lupin, JK Paper, PNB, Axis Bank; Here's why

India's NSE stock futures listed on the Singapore exchange were up 0.21% at 18,243 as of 0200 GMT. The spike in COVID cases in China weighed on sentiment, while the MSCI Asia ex Japan index remained little changed.

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PNB shares down 4% as former AGM receives 5-year jail sentence in loan scam

markets

No PSU bank stock rose in 2023 so far after a stellar 2022; should you buy or stay away?

markets

Bank of Baroda vs Punjab National Bank: Which is a better long-term investment?

markets

HDFC, Punjab National Bank hike lending rates; details here