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Punjab National Bank News

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The bank said that the KYC update is applicable only for those customers whose accounts have become due for KYC updation as of 30 June 2025.
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PNB waiver of penal charges for non-maintenance of Minimum Average Balance in savings account is effective from July 1, 2025.
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Which bank is offering lowest interest in June 2025? Here's a comparative interest rate analysis of 5 banks --SBI Vs HDFC Bank Vs Canara  Bank Vs BoB Vs PNB.
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Check out new Punjab National Bank EBLR and MCLR rates effective from March 1, 2025
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Owners of PNB accounts might be confused as to why the bank deducted the money without their knowledge. There is a solution if you have encountered a similar problem. 
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Mehul Choksi, a once-prominent Indian diamantaire and owner of the Gitanjali Group, allegedly played a central role in defrauding PNB of over Rs 12,000 crore alongside his nephew, Nirav Modi. 
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PNB is changing the requirement for maintaining an average balance from a quarterly to a monthly basis.
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The circular added that the action was taken in response to the alleged fraud in the bank branches.
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The order also specifies that no further deposits should be made into SBI or PNB. 
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Ahead Of the Raksha Bandhan, many people look for ways to fund their celebrations and big purchases. So, there could be an increase in demand for personal loans. India's leading banks are offering personal loans at discounted interest to borrowers with a good credit score and waive off processing charges. Consumers who are applying for personal loans for travelling and shop during the festive season can look at the leading banks of India.  Here are the banks offering the lowest interest rates on a Rs 5-lakh personal loan, helping you find the most cost-effective borrowing options during this special time of year.  
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PNB customers can update their KYC details online without having to visit a branch.
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The PNB MCLR rates, effective from 1st August 2024, have been hiked by 5 basis points.
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Check the latest FD rates being offered by leading banks such SBI, HDFC, ICICI, PNB.
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Top banks in India have revised their Fixed Deposit Interest Rates in the month of June and July --Here's checking a list of 9 Indian Banks and their latest FD rates.
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The Statutory Inspection for Supervisory Evaluation (ISE 2022) of the bank was conducted by RBI with reference to its financial position as on March 31, 2022. 
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Customers having inoperative bank accounts for more than three years must submit their KYC to the branch of Punjab National Bank on or before 30 June 2024.
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The ministry stated that the Indian Mission informed the secretary that starting from January 25 of this year, the Rupee/Kyat Settlement Mechanism has been put into operation.
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The agreement paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects, it added.
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The bank's interest income rose to Rs 27,289 crore compared to Rs 22,384 crore in the third quarter of the previous fiscal.
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Recently a host of banks including ICICI, SBI, Bank of India, Bank of Baroda revised their FD rates after the announcement of RBI monetary policy.






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