Punjab National Bank Legal & Regulatory
Punjab National Bank was fined Rs. 3.78 Lakh (0.04 Crore) by the RBI for non-compliance with operational guidelines regarding Currency Chests.
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- ₹0.04 Cr
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Punjab National Bank was fined Rs. 3.78 Lakh (0.04 Crore) by the RBI for non-compliance with operational guidelines regarding Currency Chests.
Punjab National Bank has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) remain unchanged across all tenors effective August 1, 2026.
Punjab National Bank's board approved establishing a Medium-Term Note (MTN) programme to raise up to USD 1.5 billion via foreign currency bond issuances.
Punjab National Bank scheduled a Board Meeting on July 29, 2026, to consider raising foreign currency funds through debt issuance.
PNB reported strong Q1 FY27 performance with a net profit of INR 5,253 crores and gross global business reaching INR 29.98 lakh crores, driven by improved asset quality and digital transformation.
Punjab National Bank released Q1 FY27 financial highlights, including a net profit of ₹5,253 Crore. This release summarizes key operational and financial performance metrics.
Punjab National Bank reported Q1 FY27 Net Profit of ₹5,253 Cr (+213.6% YoY) and Operating Profit of ₹7,519 Cr (+6.2% YoY). Strategy focuses on RAM segment expansion and asset quality improvement.
Punjab National Bank reported revenue from operations of ₹33,589 Cr (+3.1% YoY) and net profit of ₹5,339 Cr (+191.4% YoY) for Q1 FY27.
NSE withdrew a Rs. 0.0335 Crore penalty previously imposed on Punjab National Bank. The reversal follows a bank representation regarding VAPT vulnerability reporting.
Punjab National Bank has changed its Registrar and Share Transfer Agent to KFin Technologies Limited effective July 15, 2026. Electronic connectivity shifting from Beetal Financial is complete.
Punjab National Bank scheduled a board meeting on July 18, 2026. The board will consider unaudited financial results for the quarter ended June 30, 2026.
Punjab National Bank appointed Uttam Kumar as General Manager CISO Cyber and Info Security Division Head Office effective 08‑07‑2026. The change reflects senior management restructuring.
PNB confirmed timely payment of Rs.175 Crore interest on its Basel III bonds. This routine debt servicing maintains credit discipline for investors.
PNB filed routine compliance details for its Compliance Officer and RTAs. No material corporate action or financial impact is disclosed.
PNB released provisional Q1 FY27 business figures with growth metrics. Figures are subject to audit and include global/domestic deposits, advances, and CD ratio.
Executive Director Bibhu Prasad Mahapatra has ceased on 01-07-2026 following superannuation. The bank filed the regulator‑mandated notice under SEBI LODR regulations.
Punjab National Bank updated its MCLR rates effective July 1, 2026. The Repo Linked Lending Rate remains unchanged at 8.10%.
Punjab National Bank confirmed the payment of Rs.2.39 Crore interest on Basel III bonds. Payment was completed on June 30, 2026.
Punjab National Bank announced record dates for interest payments on its Basel III Tier II and Additional Tier I bonds. Payments are scheduled for June and July 2026.
Punjab National Bank announced that its MCLR rates across all tenors will remain unchanged effective June 1, 2026. Overnight MCLR stays at 7.95% and one-year at 8.75%.
PNB convened its 25th AGM to approve financial results and declare a Rs. 3 per share dividend. Shareholders will also vote on Rs. 17,100 Crore in material transactions.
Punjab National Bank released its FY 2025-26 annual report, reporting ₹16,904 Crore net profit. The document details strategic growth initiatives and the upcoming AGM schedule.
Punjab National Bank released its Annual Report for FY 2025-26, detailing a global business growth to ₹29.70 Lakh Crore. The bank recommended a ₹3 dividend per share.
Punjab National Bank scheduled its 25th AGM for June 20, 2026, via video conferencing. Shareholders will vote on dividends, director appointments, and material related party transactions.
Punjab National Bank reported regulatory non-compliances and associated penalties totaling ₹0.04 Crore for FY26. These related to board composition gaps and technical vulnerability assessment lapses.