PUNJAB & SIND BANK

Punjab National Bank | September 13, 2016

One of Prime Minister Narendra Modi’s scheme managed to get more attention than other simply by the agenda for which it stood. Launched in August 2014, Jan Dhan Yojana aims at financial inclusion in the country by providing banking services to those who hadn’t enrolled for it till now. Run by Department of Financial Services, Ministry of Finance, on the inauguration day, 1.5 Crore (15 million) bank accounts were opened under this scheme and by June 206, over 22 crore bank accounts were opened an...

Punjab National Bank | September 13, 2016

Financial closure has been achieved for the first part of the Rs 7,566 crore Delhi-Meerut Expressway project, the foundation for which was laid by Prime Minister Narendra Modi last year. The closure is for the 8.7-km stretch in Delhi, of the 96-km Expressway.“Financial closure has been achieved for first part of the Delhi-Meerut Expressway,” National Highways Authority of India (NHAI) Chairman Raghav Chadra said....

Punjab National Bank | September 04, 2016

Public sector Punjab National Bank (PNB) will impose a heavier fine from October on current account holders for not maintaining the quarterly average balance as per the revised tariff....

Punjab National Bank | September 01, 2016

Punjab National Bank declared its marginal cost of funds based lending rate (MCLR) for one year at 9.35 per cent.Besides the one-year tenor, PNB has declared MCLR for six other tenors - overnight (9.30 per cent), one month (9.15 per cent), three months (9.25 per cent), six months (9.30 per cent), three years (9.50 per cent), and five years (9.65 per cent)....