PNB gains on entering into MoU with Assam Rifles
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Punjab National Bank is currently trading at Rs. 31.65, up by 0.05 points or 0.16% from its previous closing of Rs. 31.60 on the BSE.
The scrip opened at Rs. 31.80 and has touched a high and low of Rs. 31.95 and Rs. 31.55 respectively. So far 756518 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 47.60 on 26-Oct-2021 and a 52 week low of Rs. 28.05 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 31.95 and Rs. 30.05 respectively. The current market cap of the company is Rs. 34849.86 crore.
The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 12.44% and 14.41% respectively.
Punjab National Bank (PNB) has entered a memorandum of understanding (MoU) with Assam Rifles to deliver specially designed banking products to security personnel. The MoU was inked to provide benefits such as personal accident insurance, air accident insurance under the ‘PNB Rakshak Plus’ scheme. The bank would also provide preferential services at concessional rates to the paramilitary personnel.
PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.
