PNB gains on rolling out pre-qualified credit card
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Punjab National Bank is currently trading at Rs. 32.50, up by 0.10 points or 0.31% from its previous closing of Rs. 32.40 on the BSE.
The scrip opened at Rs. 32.10 and has touched a high and low of Rs. 32.75 and Rs. 32.10 respectively. So far 937056 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. 34.75 and Rs. 32.10 respectively. The current market cap of the company is Rs. 35785.80 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 rolled out pre-qualified credit card with host of features, including insurance coverage. This facility will be available for salary account customers and they shall be able to apply through the mobile banking app PNB One, website or Internet Banking Service (IBS). The bank will be offering this service under two platforms -- RuPay and Visa.
The bank has also introduced new facility of overdraft against fixed deposit on PNB One in a few clicks and a single OTP. Customers can avail loan without visiting a bank branch, adding there is a concession of 0.25 per cent on the interest rate when applied through digital platforms like PNB One.
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.
