| Contact Details |
| Financial Products Marketing : | Punjab National Bank
Division 5
Sansad Marg
New Delhi, DH, 110001
Phone : +91-11-23311164
Send Enquiry |
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| News |
PNB gets lion’s share of recapitalisation
Posted on 31st August 2019 |
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Finance Minister Nirmala Sitharaman on Friday laid out the broad strokes for the recapitalisation plan for public sector banks, providing the approximate allocation breakup for about ₹55,000 crore of the ₹70,000 crore promised in the Budget. Ms. Sitharaman, while speaking at a press conference to announce the merger of 10 public sector banks into four entities, Read More |
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PNB lists property in e-auction without proper documents
Posted on 29th August 2019 |
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If you thought acquiring a residential or commercial property through an e-auction by a PSU bank is safe, you are probably wrong. A Pune-based businessman learnt this, thanks to his proactive approach in doing a due diligence on the property and not taking the PSU bank's disclosures on face value. Read More |
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Punjab National Bank, Allahabad Bank launch repo rate-linked retail loans
Posted on 28th August 2019 |
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NEW DELHI : Public sector banks Punjab National Bank (PNB) and Allahabad Bank on Tuesday launched retail loan products that are linked to the Reserve Bank of India’s (RBI) repo rate. Linking of loans with the repo rate will make them cheaper. Under the Punjab National Bank’s PNB Advantage scheme, effective from 27 August, the interest rate will be 0.25% less than the existing rates based on MCLR (marginal cost of funds-based lending rate). Read More |
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BoB, PNB, other lenders hold 2-day meeting to generate ideas for growth
Posted on 19th August 2019 |
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Public sector lenders, including PNB, BoB and Corporation Bank, have organised a two-day consultation process at branch level, seeking suggestions to make the sector future ready and be a catalyst in economic growth. The consultations were held over a period of two days from August 17-18 under the direction of Department of Financial Services, Ministry of Finance. Read More |
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PNB recovers Rs 278-cr minimum balance penalty from poor account holders
Posted on 8th August 2019 |
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Punjab National Bank (PNB) has recovered Rs 278.66 crore as penalty in the financial year 2018-19 from the poor account holders for not maintaining a minimum balance. This was revealed after an RTI activist in Madhya Pradesh's Neemuch district, Chandrashekhar Gaur sought information from the PNB on the amount recovered from the account holders in the last two financial years for not maintaining a minimum balance in savings and current account. Read More |
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