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PNB mobilises $419 million in FCNR(B) deposits, on track to meet $2.5 billion target: Executive Director
Punjab National Bank (PNB) has mobilised around USD 419 million in Foreign Currency Non-Resident Bank (FCNR(B)) deposits and remains on track to achieve its USD 2.5 billion target by September 30, despite higher global yields and ongoing negotiations over deposit rates, Executive Director Amit Kumar Srivastava told ANI.
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economictimes.indiatimes.com
PNB Q1 Results: Net profit surges 214% YoY to Rs 5,253 crore; NII up 2%
PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 crore reported in the preceding three months.
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theprint.in
PNB Q1 profit surges over three-fold to Rs 5,253 cr
New Delhi, Jul 18 (PTI) Punjab National Bank (PNB) on Saturday reported an over three-fold jump in standalone net profit at Rs 5,253 crore for the quarter ended June 30, 2026. The…
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PNB mobilises $419 million in FCNR(B) deposits, on track to meet $2.5 billion target: Executive Director
Punjab National Bank (PNB) has mobilised around USD 419 million in Foreign Currency Non-Resident Bank (FCNR(B)) deposits and remains on track to achieve its USD 2.5 billion target…
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Punjab National Bank scouting for partner to build its M&A financing portfolio: CEO
Punjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in special FCNR(B) deposits and has already…
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newsbytesapp.com
PNB raises $420M in overseas fundraising, targets $2.5B by September
Punjab National Bank (PNB) has secured $419 million in FCNR(B) deposits, aiming to achieve its ambitious $2.5 billion target by September 30 despite global yield challenges.
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thehindubusinessline.com
PNB hopeful of achieving net interest margin, FCNR (B) targets
Punjab National Bank aims for 7% net interest income growth and $2.5 billion FCNR(B) deposits by 2026.
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FCNR(B) mobilisation starts slow; banks remain optimistic on September-end targets
NRI participation in FCNR(B) deposits is cautious, but banks remain hopeful for increased inflows by September-end.
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Regional conflict-driven curbs weigh on flow: FCNR(B) inflows may miss initial estimates, says HDFC Bank CEO
Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tighter West Asian liquidity are impacting…
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timesofindia.indiatimes.com
PNB targets $2.5bn via FCNR(B)
NEW DELHI: State-run Punjab National bank, the second largest public sector lender, is targeting a mop up of $2.5 billion from Foreign Currency Non-Resident Bank deposits and has…
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PNB shares jump 6% as Q1 profit soars 214%, beats Street estimates. What next?
Punjab National Bank shares rose sharply on Monday after the PSU lender reported a 214% YoY jump in Q1FY27 net profit, beating Street estimates. Strong asset quality, lower…
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Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush - The Economic Times
Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from…
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Fresh FCNR (B) deposit inflows robust at $17.406 billion under RBI’s limited period swap facility
RBI reports strong $17.406 billion inflow in FCNR (B) deposits, highlighting robust NRI interest under the swap facility.
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PNB shares jump 7% in 2 days after Q1 earnings. Should you buy, sell or hold?
Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% year-on-year jump in Q1 FY27 net profit to Rs 5,253 crore, prompting bullish…