PNB \u2014 Recent Activity

Punjab National Bank (BOM:532461) Q3 2026 Earnings Call Highlights: Strong Growth Amidst Margin ...

Punjab National Bank (BOM:532461) reports robust growth in global business and profits, despite challenges in net interest margins and credit costs.

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SBI success opens door for $1 billion of Tier II debt sales by India's state-run banks, bankers say

By Dharamraj Dhutia and Khushi Malhotra MUMBAI (Reuters) -Aggressive pricing on bonds issued by India's largest lender is spurring state-run peers to plan similar debt issuances worth around $1

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India’s PNB sells 10% stake in Canara HSBC Life Insurance

The divestment of the stake resulted in proceeds of approximately Rs10.07bn (around $114m).

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India's PNB expects $1 billion hit in transition to new credit rules, CEO says

By Ashwin Manikandan and Nishit Navin NEW DELHI/MUMBAI (Reuters) -India's Punjab National Bank (PNB) will face an estimated 90 billion-rupee ($1.03 billion) impact as the lender transitions to a

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India targets streamlined banking sector with planned PSB mergers– report

The discussions regarding the consolidation are projected to extend into FY 2027.

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Canara HSBC Life Insurance plans to raise $300m via IPO

Canara HSBC Life Insurance has started investor roadshows in anticipation of the IPO planned for early October.

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Punjab National Bank (BOM:532461) Q4 2025 Earnings Call Highlights: Record Profit Surge Amidst ...

Punjab National Bank (BOM:532461) reports a 101.7% increase in net profit, while addressing challenges in slippages and deposit costs.

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India's PNB targets record-low bad loan ratio on higher debt recoveries, CEO says

MUMBAI (Reuters) -Punjab National Bank (PNB), India's second-largest state-run lender by assets, aims to recover more soured loans this year, leading to a record-low gross bad loan ratio, a key asset quality metric, CEO Ashok Chandra said on Thursday. The New Delhi-based lender is targeting bad loan recoveries worth 160 billion rupees ($1.89 billion) this financial year, an eleven-fold increase over the 14.36 billion rupees recovered in 2024-25, Chandra told Reuters in an interview. That would

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Top Indian court scraps JSW Steel's bid to acquire Bhushan Power, case lawyers say

NEW DELHI (Reuters) -India's top court on Friday rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the takeover was completed, and ordered the liquidation of the debt-ridden firm, two lawyers involved in the case said. The insolvency administrator and the lenders panel, which ran the insolvency process, failed to discharge their duties in line with the law, one of the lawyers said, citing the Supreme Court's verbal order. On Friday, news channel CNBC-TV18

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