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PNB slips on suspecting fraud worth Rs 280.70 crore

06 Feb 2018 Evaluate

Punjab National Bank (PNB) is currently trading at Rs. 156.65, down by 6.75 points or 4.13% from its previous closing of Rs. 163.40 on the BSE.

The scrip opened at Rs. 152.35 and has touched a high and low of Rs. 159.55 and Rs. 151.00 respectively. So far 4,17,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 231.60 on 26-Oct-2017 and a 52 week low of Rs. 128.30 on 03-Oct-2017.

Last one week high and low of the scrip stood at Rs. 175.05 and Rs. 151.00 respectively. The current market cap of the company is Rs. 37984.70 crore.

The promoters holding in the company stood at 57.04%, while Institutions and Non-Institutions held 37.86% and 5.10% respectively.

Punjab National Bank (PNB) has come across a suspected fraud involving one branch wherein certain irregularities have been observed on account of people risk. The matter involving Rs 280.70 crore based on preliminary investigation report stands reported to appropriate Regulatory & Investigating Authorities, and the detailed investigation is on.

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.


PNB Share Price

114.50 1.00 (0.88%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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