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PNB Share Price Discussion

Punjab National Bank
NSE: PNB | BSE: 532461 | ISIN: INE160A01022 | Sector: Banks
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Reputation: 17,810 • May 11 12:26 PM
NCLT admits insolvency petition against textile company Sintex Industries
Sintex is the largest debtor taken to the NCLT since the one year moratorium on filing fresh cases ended in March. Lenders tried to complete a one time settlement with Mumbai based Welspun Group in order to avoid going to NCLT. However, the Welspun offer involved as much as a 74% haircut and a long pay back period which discouraged lenders from taking the offer, three people familiar with the negotiations said.
The Economic Times
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NSE:PNB price when posted: 35.2
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PNB has decided to raise Rs 6000 cr. via bonds to meet its growing business needs. The share is expected to slowly recoup its lost ground.

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The National Asset Reconstruction Company (NARCL) will have maximum impact on loan books of #BANKINDIA , #UNIONBANK and #PNB , which will sell over 1% of their loans to the bad bank. According to rating agency Crisil, the bad bank, or NARCL, will lower the NPA level of banks by ...
BANKINDIA - 4730204
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Reputation: 17,810 • Sep 17 10:06 AM
IIFL Home Finance signs pact with PNB for co-lending
This is the fourth agreement signed by IIFL Home Finance with banks. Earlier this year, it signed agreements with ICICI Bank, Central Bank of India and Standard Chartered Bank.
The Economic Times
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Sold #PNB options - PNB21SEP42CE at 0.00
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Type
Buy
Instrument
PNB SEP21 40 CE
Entry Price
₹1.3
Price@Trade
₹1.3
Target Price
₹2.3
Stop Price
₹1
Valid Till
Sep 30, 2021 3:20 AM
Margin
₹20,800 approx for 16000 Qty
Status
Active
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