Punjab National Bank

Result Review: Punjab National Bank

Posted on January 21st, 2011 in Banking Sector, Company Results, India, India Shares, Punjab National Bank

Result Review: Punjab National Bank

Punjab National Bank has recorded a rise in net profits of Rs 1,089.77 crore for the third quarter ending on 31 December 2010, when compared to Rs 1,011.31 crore for the same quarter in the previous year.

Last year’s December quarter recorded a total income of Rs 6,236.55 crore which has gone up to Rs Rs 7,976.35 crore for the quarter ended December 31, 2010.

As far as net interest income is concerned it also shows a significant increase by 45% at Rs 3,230 crore for the December 2010 as compared to Rs 2,212 crore in the December quarter 2009.

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Interview with Anirban Roy , MD of SEED Financial Services

Posted on January 17th, 2011 in anirban roy, cnbc-tv18, financial inclusion projects, India Shares, Indian Banking Financial Inclusion, Microfinance Interviews, Punjab National Bank, SEED Banking Correspondent, seed financial inclusion, seed financial services, SEED India, smart card savings account, State Bank of Bikaner & Jaipur

seed financial inclusion servicesAnirban Roy, Managing Director, SEED Financial Services has been featured in the CNBC TV18 Young Turk’s programme. SEED is one of the largest Business Correspondents in India working on Financial Inclusion projects with major public and private sector banks across India.The interview follows below. Link to Video About SEED Financial Services SEED stands for Society [...]
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UIDAI and Punjab National Bank sign MoU

Posted on August 01st, 2010 in AADHAAR India, Financial Inclusion, India Shares, No Frill accounts, Punjab National Bank, Rural Banking, UIDAI, UIDAI News, Unique Identification Authority of India

aadhaar india logoPunjab National Bank has signed a Memorandum of Understanding with Unique Identification Authority of India (UIDAI) today in New Delhi to act as Registrar for ‘AADHAAR’ project.PNB thus becomes the sixth bank in the country to have entered into such MoU by which its shall provide AADHAAR (UID No.) to its existing 58 million customers [...]

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HDFC’s education loan arm Credila to grow 2.5 times in FY11

Posted on July 27th, 2010 in Banking for Poor, Business, Credila Education Loan, Education Loans India, HDFC Bank, HDFC Credila, India Shares, Management Course, Punjab National Bank, Science, Student Loan, Study Abroad, Study in United States

HDFC Bank education loan11HDFC Education Loan Unit, Credila Financial Services, hopes to grow its loan book 2.5 times in the current financial year. Credila, in which HDFC raised its stake to 51 per cent by acquiring an additional 10 per cent early this month, plans to leverage the distribution network and customer base of HDFC Bank to expand. [...]

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