June 4, 2024: Punjab National Bank (PNB), a public sector bank, and India Infrastructure Finance Company Ltd (IIFCL), a state-owned entity, on June 3, 2024, signed a Memorandum of Understanding (MoU) to provide long-term … READ FULL STORY
Punjab National Bank or PNB is one of the top public banks in India, offering banking services, including savings deposit accounts, loans, insurance, credit cards, etc. All these services and more are also offered … READ FULL STORY
May 19,2023: PNB Housing Finance (PNBHF) reported a consolidated net profit of Rs 279 crore in Q4 FY23, registering a growth of 65% YoY as compared to Q4 FY22. The company’s net-interest income for … READ FULL STORY
Which are the banks from where borrowing would make better sense for women home loan applicants? As the interest rates will always be the single-biggest influencer in driving the decision of a woman borrower, … READ FULL STORY
Punjab National Bank offers a unified application that gives you access to all information and services on your mobile device. All key banking operations can be performed from anywhere and without visiting the branch. … READ FULL STORY
Public lender Punjab National Bank (PNB) has increased its repo rate-linked home loan interest rate to 7.90% from the previous 7.40%, with effect from August 8, 2022. The announcement by the New-Delhi-based lender was … READ FULL STORY
The festive season in 2021 has provided a boost to the realty sector, with reports of a significant surge in demand during the period. One of reasons, has been the reduction in interest rates … READ FULL STORY
On February 7, 2019, the Reserve Bank of India (RBI) announced a cut in the repo rate by 25 basis points, during its bi-monthly monetary policy meet. With this, the repo rate now stands … READ FULL STORY
With the financial year entering the last quarter and the start of the new calendar year, the focus is back on the fiscal deficit, liquidity issue with financial institutions and NPA woes. In a … READ FULL STORY
While economic indicators were signalling an upward trend in the interest rates up to a few weeks ago, the Reserve Bank of India (RBI) chose to maintain a status quo on key policy rates, … READ FULL STORY
Home loan interest rates are gradually escalating across banks. In the last monetary policy meet, on October 5, 2018, the RBI had maintained a status quo on key rates but indicated that it might … READ FULL STORY
The Enforcement Directorate (ED), on October 17, 2018, seized assets worth over Rs 218 crores, including diamonds and flats abroad, in the nearly Rs 13,000-crore loan fraud case probe, the agency said. It said … READ FULL STORY
State-run Punjab National Bank (PNB) and Carlyle Group, which owns over 32 per cent in PNB Housing Finance, have announced that they have appointed merchant bankers, to sell at least 51 per cent stake … READ FULL STORY
