The Board of Punjab National Bank at its meeting held on 04 June 2024 has accorded its approval for initiating the process of diluting 10.00% stake of the Bank in M/s Canara HSBC Life Insurance Company, an associate company of the Bank, by listing the Company in Stock Exchanges (BSE/NSE) through Initial Public Offer (IPO). The same shall be subject to regulatory approvalsPowered by Capital Market - Live News

Punjab National Bank announced that the 23th Annual General Meeting(AGM) of the bank will be held on 29 June 2024.Powered by Capital Market - Live News

Punjab National Bank announced that the Board of Directors of the Company at its meeting held on 9 May 2024, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 75%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Punjab National Bank rose 79.27% to Rs 3342.20 crore in the quarter ended March 2024 as against Rs 1864.34 crore during the previous quarter ended March 2023. Total Operating Income rose 18.01% to Rs 28682.32 crore in the quarter ended March 2024 as against Rs 24305.34 crore during the previous quarter ended March 2023.For the full year,net profit rose 171.98% to Rs 9107.20 crore in the year ended March 2024 as against Rs 3348.45 crore during the previous year ended March 2023. Total Operating Income rose 25.58% to Rs 109064.58 crore in the year ended March 2024 as against Rs 86845.29 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income28682.3224305.34 18 109064.5886845.29 26 OPM %65.7355.51 -62.8451.17 - PBDT4939.872629.69 88 13331.714861.42 174 PBT4939.872629.69 88 13331.714861.42 174 NP3342.201864.34 79 9107.203348.45 172 Powered by Capital Market - Live News

Punjab National Bank will hold a meeting of the Board of Directors of the Company on 9 May 2024.Powered by Capital Market - Live News