Punjab National Bank

PNB Appoints New Compliance Officer and RTA; Details Submitted to SEBI

Punjab National Bank has updated SEBI with details of its Compliance Officer, Mr. Bikramjit Singh, appointed April 30, 2025, and its RTA, M/s Beetal Financial & Computer Services Pvt. Ltd., for equity, bonds, and CDs. The changes are effective until December 2025.

PNB Maintains MCLR and RLLR Unchanged Effective January 1, 2026

Punjab National Bank will maintain its Marginal Cost of Funds Based Lending Rates (MCLR) unchanged from January 1, 2026. Overnight MCLR is 7.95%, one-year MCLR is 8.75%, and three-year MCLR is 9.05%. The Repo Linked Lending Rate (RLLR) remains at 8.10% and Base Rate at 9.50%.

PNB Closes Trading Window from Jan 1, 2026, for Q3 FY26 Results

PNB will close its trading window from January 1, 2026. This closure is for designated persons and insiders and will last until 48 hours after the declaration of Q3 FY26 financial results. The board meeting date for reviewing these results will be announced later.

PNB Reports ₹1,240.94 Crore Borrowal Fraud Against SREI & SIFL Promoters

Punjab National Bank reported a borrowal fraud of ₹1,240.94 crore against the promoters of SREI Equipment Finance Ltd and SREI Infrastructure Finance Ltd. The bank has fully provisioned the outstanding amount. Both companies were resolved under CIRP by NCLT.

Brickwork Ratings Reaffirms PNB's Basel III AT1 Bonds Rating at BWR AA+/Stable

Brickwork Ratings reaffirmed Punjab National Bank's (PNB) Basel III Additional Tier 1 Bonds rating at BWR AA+/Stable for ₹3,000 Crore. The rating reflects PNB's improved asset quality, comfortable capitalization (Tier 1 ratio at 14.41%), strong liquidity, and government support. Gross NPAs reduced to 3.45% by September 30, 2025.

CRISIL Reaffirms PNB's Ratings: AA+ Stable for Tier I, AAA Stable for Tier II & Infra Bonds

CRISIL reaffirmed PNB's ratings: AA+/Stable for Basel III Tier I Bonds and AAA/Stable for Basel III Tier-II Bonds and Infrastructure Bonds. Ratings for Certificate of Deposits reaffirmed at A1+. Ratings on redeemed bonds totaling ₹5,294 crore were withdrawn. The ratings reflect strong government support, market position, and capital adequacy.

PNB Re-appoints 5 Statutory Central Auditors for FY 2025-26

Punjab National Bank (PNB) has secured approval from the Reserve Bank of India to re-appoint five Chartered Accountant firms as its Statutory Central Auditors for the Financial Year 2025-26. The appointed firms include M/s Ummed Jain & Co. and M/s N K Bhargava & Co., among others.

India Ratings Affirms PNB's Long-Term Issuer Rating at IND AAA/Stable

India Ratings has affirmed Punjab National Bank's Long-Term Issuer Rating at IND AAA/Stable. Ratings for Basel III AT1 Bonds, Tier 2 Bonds, Fixed Deposits, Senior Infrastructure Bonds, and Certificates of Deposit were also affirmed. The bank's systemic importance and government support were key factors.

CARE Ratings reaffirms and withdraws ratings of Punjab National Bank

CARE Ratings reaffirms ratings for PNB's debt instruments and withdraws ratings for redeemed bonds, citing comfortable capitalization, improved asset quality, and government support.

Penalty imposed on Punjab National Bank (PNB) by Appellate Tribunal under SAFEMA

PNB faces ₹15.37 crore penalty from SAFEMA Appellate Tribunal related to a 2019 FIU-IND order. PNB has taken corrective actions and is considering further legal options.

PNB Revises Repo Linked Lending Rate (RLLR)

Punjab National Bank revised its Repo Linked Lending Rate (RLLR) from 8.35% to 8.10%, effective 6 December 2025, following a decrease in the Repo rate by the RBI.

Penalty imposed on Punjab National Bank

PNB faces ₹15.37 crore penalty imposed by the Appellate Tribunal under SAFEMA due to non-compliances during the period 1 April 2016 to 30 November 2017. The bank has taken corrective measures.

ICRA Reaffirms and Withdraws Punjab National Bank's Ratings

ICRA reaffirms ratings for PNB's debt instruments, including AAA/Stable for fixed deposits and AA+/Stable for Basel III Tier I bonds. Ratings on some bonds withdrawn post-redemption. Asset quality improving.

ICRA reaffirms and withdraws Punjab National Bank's credit ratings.

ICRA reaffirms credit ratings for PNB's Basel III Tier I Bonds, Infrastructure Bonds, Certificate of Deposits, and Fixed Deposits; withdraws ratings for redeemed Infrastructure Bonds on 05 Dec 2025.

PNB Announces Senior Management Changes Effective December 1, 2025

Punjab National Bank announces changes in senior management, including the appointment of a new Group Chief Risk Officer and other key designations, effective December 1, 2025.

PNB Maintains Unchanged MCLR and RLLR Rates Effective December 1, 2025

Punjab National Bank announces that its Marginal Cost of Funds Based Lending Rates (MCLR) and Repo Linked Lending Rate (RLLR) will remain unchanged effective December 1, 2025.

PNB Announces Senior Management Change Effective 26 Nov 2025

Punjab National Bank announced a change in senior management, with Ms. General Manager, Zonal Office Hyderabad assigned as General Manager, Office, effective 26 Nov 2025.

Change in Senior Management of Punjab National Bank

Punjab National Bank announces changes in senior management, effective November 25, 2025, with appointments to key positions within the IT Division and Haryana Gramin Bank.

PNB Announces Senior Management Changes Effective 24 Nov 2025

Punjab National Bank announces changes in senior management, with Amresh Prasad and Sunil Kumar Chugh taking on new roles as Executive Directors at Union Bank of India and Canara Bank, respectively, effective November 24, 2025.

PNB Appoints Shri Amit Kumar Srivastava as Executive Director

PNB appoints Shri Amit Kumar Srivastava as Executive Director for a three-year term, effective from the date of assumption of charge on 24th November, 2025. He will no longer serve as Group Chief Risk Officer.

Moody's Upgrades Punjab National Bank's Ratings

Moody's has upgraded Punjab National Bank's Baseline Credit Assessment (BCA) and Adjusted Baseline Credit Assessment (BCA) by one notch, reflecting a revised rating methodology.

PNB: Notice to Shareholders Regarding Equity Share Transfer to IEPF

PNB informs shareholders about the publication of a notice on 14 Nov 2025 regarding the transfer of equity shares to the Investor Education & Protection Fund (IEPF).

Shri K.G. Ananthakrishnan ceases as PNB's Non-Executive Chairman upon tenure completion

Shri K.G. Ananthakrishnan's tenure as PNB's Part-Time Non-Official Director and Non-Executive Chairman ended on 6th November 2025.

Punjab National Bank announces changes in Senior Management assignments

Punjab National Bank announced changes in senior management, with Mousumi Majumdar promoted to Chief General Manager and N.V.S.P. Reddy reassigned as General Manager, Executive Secretary to MD & CEO, effective November 1, 2025.

Shri Suresh Kumar Rana, Chief General Manager, superannuates from Punjab National Bank

Shri Suresh Kumar Rana, Chief General Manager of PNB, superannuated from his position on October 31, 2025.

Punjab National Bank revises MCLR downwards effective November 1, 2025

PNB has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) across all tenors by 0.05% effective November 1, 2025, while Repo linked Lending Rate and Base Rate remain unchanged.

PNB Reports Strong Q2 FY26 Results with 14% Net Profit Growth and Improved Asset Quality

PNB reported a 14% Y-o-Y net profit growth to ₹4,904 crore for Q2 FY26, with significant improvements in asset quality and a positive outlook on NIM and ROA. Credit growth and digital initiatives are strong.

PNB divests 10% stake in Canara HSBC Life Insurance for ₹10,070 crore

Punjab National Bank divested a 10% stake in Canara HSBC Life Insurance through an IPO OFS for ₹10,070 crore, reducing its holding from 23% to 13%. Agreement dated Oct 17, 2025, completion by Oct 28, 2025.

Disclosure of Related Party Transactions for Half Year Ended 30 Sep 2025

PNB disclosed related party transactions for the half year ended September 30, 2025, including transactions with directors, subsidiaries, and associate companies, all approved by the Audit Committee.

PNB Announces Earnings Call Recording for Quarter Ended Sep 30, 2025

Punjab National Bank (PNB) has released the audio/video recording of the earnings call with analysts/investors, discussing the financial results for the quarter/half-year ended September 30, 2025.

Punjab National Bank: Deviation/Variation Statement Not Applicable for Q3 FY25

PNB states that the deviation/variation statement under SEBI (LODR) Regulations for the quarter ended September 30, 2025, is not applicable.

Punjab National Bank Reports Strong Q2 FY26 Results with Healthy Profit and Robust Asset Quality

PNB reported strong Q2 FY26 standalone net profit of ₹490.37 Crore and consolidated net profit of ₹512.52 Crore. Asset quality remained robust with low net NPAs and high provisioning coverage, demonstrating prudent risk management.

PNB Reports 14% Net Profit Surge to ₹4,904 Crore in Q2 FY26, Improves Asset Quality

Punjab National Bank reported a 14.0% Y-o-Y net profit increase to ₹4,904 Crore in Q2 FY26. The bank also saw improved asset quality, business growth, and significant digital adoption, exceeding priority sector targets.

PNB Announces Q2 FY26 Results: Net Profit ₹4,904 Cr, Investor Presentation

PNB announces Q2 FY26 results with a net profit of ₹4,904 Cr, up 14% YoY. Key highlights include improved asset quality and growth in global business, deposits, and advances. An investor presentation has been released.

PNB Approves Unaudited Financial Results for Quarter Ended September 30, 2025

Punjab National Bank's board approves unaudited financial results for the quarter/half-year ended September 30, 2025, in its meeting held on October 18, 2025. The results will be available on the bank's website.

PNB Announces Earnings Call for Q2FY26 on October 18, 2025

PNB Announces Earnings Call for Q2FY26 on October 18, 2025 at 03:30 p.m. (I.S.T.). The call will be hosted by Elara Securities.

PNB RTA Compliance Certificate for Quarter Ended 30th September 2025

PNB received RTA confirmation certificate for quarter ended September 30, 2025, complying with SEBI regulations regarding dematerialization of securities.

PNB reports robust provisional business growth for Q2 FY26, Global Business up 10.4% YoY

PNB announced provisional business figures for Q2 FY26. Global business grew 10.4% YoY to ₹27,87,839 crore, with strong growth in deposits and advances.

Details of Compliance Officer and Registrar & Share Transfer Agent

PNB Reschedules Virtual Investor/Analyst Meet for Bharat Connect Conference

Punjab National Bank to Participate in BofA India Financials Forum and Bharat Connect Conference

PNB Executive Director M. Paramasivam's Term Extended Until March 2027

PNB Submits Cybersecurity and Cyber Resilience Framework Compliance Certificate to SEBI

Punjab National Bank announces reassignment of Senior Management, Suresh Kumar Rana

PNB Announces Senior Management Changes, Appoints New CFO

Punjab National Bank Revises Marginal Cost of Funds Based Lending Rates (MCLR) Effective September 1, 2025

PNB Announces Senior Management Change

PNB to participate in Investor/Analyst meets on 2 September 2025

PNB: Vandana Bhagavatula Elected as Shareholder Director; EGM Cancelled

PNB to hold EGM on September 4, 2025, to elect Shareholder Director