ICICI Direct is bullish on Punjab National Bank has recommended buy rating on the stock with a target price of Rs 160 in its research report dated February 09, 2017. Buy Punjab National Bank ; ... Rs 35722 crore QoQ. Restructured assets (RA) of the bank.
Other corrective action that can be imposed on banks include special audits, restructuring operations and activation of recovery plan. Banks’ promoters can be asked to bring in new management ... Bank (on account of a better performance) and Punjab.
Gaurang Shah of Geojit Financial Services told CNBC-TV18, "We have a reduce recommendation on Punjab National Bank (PNB) and that is primarily because the exposure of loan book as far as the vulnerable sectors are concerned, especially the metal .
Despite all odds, Punjab National Bank (PNB) continues to occupy the 4th position in BW Real 500 rankings — same as the last few years. ... The events helped the bank in increased sales, and led to a substantial recovery during the year. The bank also .
The RBI has undertaken measures to enable banks to identify asset quality, timely restructuring of viable assets and recovery of unviable assets ... were merged with other banks. New Bank of India and Punjab National Bank, both PSBs, were merged in.
2:00 pm PNB cuts rate: Punjab National Bank has cut marginal cost based lending rates by up to 0.25 per cent for select maturities, effective tomorrow. The state-owned lender has also slashed its base rate by 0.20 per cent to 9.15 per .... "Quality.
in the name of ‘Punjab National Bank, HO, New Delhi’. Virtual debit cards were made available on mobile app PNB Kitty. L. Business Diversi cation Mutual Fund: During FY’17, the Bank mobilized total amount of Rs 4545 crore, Asset under Management (AUM.
Bank of India had made rapid strides to replace Punjab National Bank ... managing director of the Mumbai-based bank last month. Iyer, who started her banking career with Union Bank of India in 1975, has rich experience in both branch banking and.
Punjab National Bank , Shree Cement and Tata Steel are on the radar of analysts on Wednesday. Buy, Sell, Hold: Here are 3 stocks that ... A speedy recovery of NPLs and smooth management transition will be the key. It has lowered earnings estimates for.
PNB's absolute GNPAs declined by 2% QoQ in Q3FY17 as fresh slippages reduced to Rs 48bn from Rs 51bn in Q2. The pace of fresh slippages has been slowing for the bank , but still remains elevated. PNB's GNPA ratio, however, increased by 7bps QoQ to .
At Mint's 10th Annual Banking Conclave on 23 January, India's top bankers got together to discuss issues confronting the sector such as competition, growth and asset quality. SBI chairman Arundhati Bhattacharya, ICICI managing director (MD) and chief.
We, from our part, all the banks, including Punjab National Bank have been extensively using camp mode and the micro ATMs to get into a lot of places. So that the crowds can be managed, people can be served at the door step. For example, we have a lot.
Five public sector banks (PSBs) namely SBI, Punjab National Bank , Bank of India, IDBI Bank and Bank of Baroda (BoB) bagged the top five spots in highest NPA. Together they accounted a share of 47.4% totalling up to Rs 3,93,154 crore. 11 of the top 12 .
Mumbai: Analysts are still cautious about shares of Punjab National ... The bank’s NPA recovery momentum should have continued after the last quarter where the management had stressed on going after defaulters. The asset quality overall is still not.
However, the transition from thick dog-eared “ledger” book dominated PSBs to digital financial companies, like the branch in Noida, hasn’t been without pain. The management ... Bank of Commerce. In 1993, New Bank of India was merged with Punjab.