Punjab National Bank announced that India Ratings and Research has affirmed the credit rating at IND AAA; Stable/ IND A1+ for all debt instruments. Powered by Capital Market - Live News

Net profit of Punjab National Bank rose 136.87% to Rs 4714.14 crore in the quarter ended September 2024 as against Rs 1990.18 crore during the previous quarter ended September 2023. Total Operating Income rose 13.37% to Rs 30447.42 crore in the quarter ended September 2024 as against Rs 26857.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income30447.4226857.70 13 OPM %71.7861.80 - PBDT6728.642778.29 142 PBT6728.642778.29 142 NP4714.141990.18 137 Powered by Capital Market - Live News

Punjab National Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live News

Punjab National Bank has approved the allotment of 48, 19,27,710 Equity Shares to eligible Qualified Institutional Buyers at an Issue Price of Rs. 103.75 per Equity Share, aggregating to Rs.499.99 Crore. Pursuant to the allotment of equity shares in the QIP, the Paid - Up Equity Share capital of the Bank stands increased from Rs 2202.20 Crore comprising of 1101,10, 15,558 Equity Shares to Rs 2298.59 Crore comprising of 11,49,29,43,268 Equity Shares.Powered by Capital Market - Live News

Punjab National Bank has launched a QIP issue on 23 September 2024 with floor price of Rs 109.16 per share. Powered by Capital Market - Live News