PNB jumps on the BSE
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Punjab National Bank is currently trading at Rs. 42.40, up by 0.95 points or 2.29% from its previous closing of Rs. 41.45 on the BSE.
The scrip opened at Rs. 41.70 and has touched a high and low of Rs. 42.55 and Rs. 41.70 respectively. So far 4021197 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 46.40 on 19-Feb-2021 and a 52 week low of Rs. 26.30 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 42.55 and Rs. 39.50 respectively. The current market cap of the company is Rs. 46686.71 crore.
The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 13.41% and 13.44% respectively.
Punjab National Bank (PNB) has slashed the interest rate on loans against gold jewellery and Sovereign Gold Bond by 145 basis points or 1.45 percentage points as part of its festive offer. PNB now offers loans against Sovereign Gold Bond (SGB) at 7.20 per cent and loans against gold jewellery at 7.30 per cent. Additionally, PNB has slashed the home loan rate which now starts from 6.60 per cent, while customers can avail car loans starting from 7.15 per cent and personal loans from 8.95 per cent, one of the lowest in the industry.
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.
