PNB Q2 results: Punjab National Bank reported a 13.94% increase in net profit for Q2 FY26, reaching ₹4,903.7 crore, up from ₹4,303.4 crore in the same period last year.
2 min read18 Oct 2025Mehul Choksi's extradition appeal was rejected by a Belgian court, marking a significant step for India in securing his return. Choksi, accused of a ₹13,000 crore bank fraud, remains in custody and can appeal the decision within 15 days.
3 min read18 Oct 2025PNB, in a filing earlier today, October 13, said that its board will meet this weekend to announce its financial performance for the three months ended September 30, 2025.
2 min read13 Oct 2025Canara Bank is offloading stakes in Canara Robeco and Canara HSBC Life Insurance IPOs, expecting massive returns of over 13,000% and 960%, respectively.
2 min read9 Oct 2025Punjab National Bank signed an MoU with Rajasthan's government to invest ₹21,000 crore in the state under the 'Rising Rajasthan' initiative. This agreement aims to finance eligible projects, supporting the state's socio-economic development.
1 min read7 Sep 2025PNB aims to sell over 100 accounts with an outstanding book of ₹4,000-5,000 crore, expecting a recovery of 40-50%, according to MD & CEO Ashok Chandra. The bank targets ₹30 lakh crore in total business this financial year, with a focus on corporate lending and MSME growth.
3 min read10 Aug 2025MTNL was set up in 1986 and provides fixed-line telecommunication services in New Delhi and Mumbai. Its public-sector peer BSNL provides services in the rest of the country. MTNL owes ₹474.66 crore to Punjab National Bank. The telco first defaulted on loans on 30 June 2024.
5 min read1 Aug 2025Punjab National Bank reported a net profit of ₹1,675 crore for Q1FY26, a 49% decline from last year, primarily due to increased tax expenses of ₹5,083 crore. Total income rose 15.7% YoY to ₹37,231 crore while net interest income increased by 1%.
1 min read30 Jul 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared