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Punjab National Bank
6 articles
Punjab National Bank is navigating a complex legal landscape while simultaneously bolstering its fundraising capabilities. The National Company Law Appellate Tribunal has adjourned appeals related to insolvency proceedings, and the bank faces a separate appeal concerning a delay in proceedings, highlighting ongoing challenges in debt recovery. However, PNB has secured a key leadership appointment with Vandana Bhagavatula elected as a shareholder director, bringing extensive experience to the board. To support future growth, the bank has established a USD 1.5 billion Euro Medium Term Note program, demonstrating a commitment to diversifying funding sources and maintaining financial flexibility amidst these legal and operational developments.
PNB H1 FY2027 Provisional Business Growth
Punjab National Bank reports provisional H1 FY2027 business figures showing 4.06% growth in global business.
Global deposits grew 3.03% to ₹17.77 lakh crore while global advances increased 5.46% to ₹1
PNB Wins Police Assistance for Asset Possession
High Court orders Bankura police to assist Punjab National Bank in taking possession of assets per 27 Nov 2024 order.
Court held that pending DR Tribunal application under SARFAESI Act Section 17(1) d
PNB Compliance Officer and RTA Details Disclosure
Punjab National Bank discloses Mr. Bikramjit Shom as qualified Compliance Officer effective April 2025.
Bank appoints Kfin Technologies as RTA for equity shares effective July 2026.
Alankit Assignment
Income Tax Commissioner vs PNB Notice Delay Order
Supreme Court hearing of SLP No. 75197/2025 between PR Commissioner of Income Tax‑7 and Punjab National Bank on 29‑Sep‑2026.
Court noted that petitioner’s counsel failed to provide spare copies, preve
Raman Gulati SLP Adjourned to Dec 2026
Supreme Court heard Petition for Special Leave to Appeal (C) No.22177/2024 filed by Raman Kumar Gulati against Punjab National Bank.
The matter was listed on 29‑09‑2026 before Justices Sanjay Kumar an
PNB Holds MCLR Unchanged at 8.00-9.10%
Punjab National Bank announces no change in its Marginal Cost of Funds Based Lending Rates (MCLR) across all tenors, effective October 1, 2026.
The bank's Repo Linked Lending Rate (RLLR) remains at 8.