Shares of state-run lender Punjab National Bank (PNB) are expected to be in focus on Monday, December 29, following the bank’s disclosure of a significant borrowing fraud involving two companies—SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL). PNB reported the fraud amounting to Rs 2,434 crore to the Reserve Bank of India…
The shares of Punjab National Bank (PNB) may remain in focus on Wednesday, February 19, after the company informed that a borrowal fraud amounting to Rs 270.57 crore has been reported in one of its non-performing asset (NPA) accounts to the Reserve Bank of India (RBI). “Borrowal Fraud of Rs. 270.57 crore has been reported…
Shares of Punjab National Bank rose 0.69 per cent to Rs 115.4 at 11:00AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 428,892 shares with a turnover of Rs 4.93 crore…