Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

After PNB HF-Carlyle deal fiasco, regulator proposes new pricing formula

SEBI seeks to ease preferential issue norms

CARE Ratings has factored in majority ownership, support from the government, position in the banking sector as the second-largest PSB.

CARE revises ratings of PNB’s debt instruments from ‘AA/Stable’ to ‘AA+/Stable’

The credit rating agency also revises Basel III AT1 Bonds of the company from ‘CARE AA-/Stable’ to ‘CARE AA/Stable’.

CARE revises Punjab National Bank’s Basel II Upper Tier II Bonds from to ‘CARE AA+/Stable’

After disbursal of the loan proceeds, the borrowers/guarantors allegedly violated the terms & conditions of the sanction and they neither procured the machineries nor deposited the installments in time and the account turned Non-Performing Assets(NPA).

Rs 73 cr fraud at PNB, Indian Bank: CBI lodges case against seven

The new interest rates on PNB Savings account will be effective from December 1, 2021.

Punjab National Bank Savings A/c interest rates to be slashed from next week-- Check new rates here

The agency has also affirmed PNB’s Viability Rating (VR) at ‘b’.

Fitch affirms Punjab National Bank’s long‐term issuer default rating at ‘BBB‐/Negative’

Includes Canara Bank, Indian Bank, Punjab National Bank and Union Bank of India

CARE Ratings revises ratings of AT I Bonds of 4 public banks

BLS International Services rose 3.55% to Rs 218.90 after the company said its subsidiary Starfin India is empanelled as corporate business correspondent of Punjab National Bank and Central Bank of India.

BLS Intl jumps after subsidiary appointed as corporate BC of 2 banks

Starfin has become the official Corporate Business Correspondent (BC) to deliver last-mile banking services in rural/ semi-urban/ urban/ metro areas across India.

BLS International stock ends at 5% upper circuit after Starfin gets empanelled by PNB, Central Bank of India for last mile banking services

The firm also stated that Punjab National Bank is trying to downplay the impact of the vulnerability discovered by CyberX9.

‘False and misleading’: CyberX9 responds to PNB’s clarification on data breach

Fitch’s says there’s a high probability of extraordinary government support for PNB, if required, because of the bank’s high systemic importance

PNB stock gains over 2% after Fitch affirms ‘BBB‐’ rating

Punjab National Bank (PNB or the Bank) is a public sector bank, providing various banking services, such as digital banking, personal banking, social banking, micro, small and medium enterprises banking, agricultural banking, corporate banking etc

Punjab National Bank

Punjab National Bank

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

SEBI seeks to ease preferential issue norms

CARE revises ratings of PNB’s debt instruments from ‘AA/Stable’ to ‘AA+/Stable’

CARE revises Punjab National Bank’s Basel II Upper Tier II Bonds from to ‘CARE AA+/Stable’

Rs 73 cr fraud at PNB, Indian Bank: CBI lodges case against seven

Punjab National Bank Savings A/c interest rates to be slashed from next week-- Check new rates here

Fitch affirms Punjab National Bank’s long‐term issuer default rating at ‘BBB‐/Negative’

CARE Ratings revises ratings of AT I Bonds of 4 public banks

BLS Intl jumps after subsidiary appointed as corporate BC of 2 banks

BLS International stock ends at 5% upper circuit after Starfin gets empanelled by PNB, Central Bank of India for last mile banking services

‘False and misleading’: CyberX9 responds to PNB’s clarification on data breach

Punjab National Bank

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

SEBI seeks to ease preferential issue norms

CARE revises ratings of PNB’s debt instruments from ‘AA/Stable’ to ‘AA+/Stable’

CARE revises Punjab National Bank’s Basel II Upper Tier II Bonds from to ‘CARE AA+/Stable’

Rs 73 cr fraud at PNB, Indian Bank: CBI lodges case against seven

Punjab National Bank Savings A/c interest rates to be slashed from next week-- Check new rates here

Fitch affirms Punjab National Bank’s long‐term issuer default rating at ‘BBB‐/Negative’

CARE Ratings revises ratings of AT I Bonds of 4 public banks

BLS Intl jumps after subsidiary appointed as corporate BC of 2 banks

BLS International stock ends at 5% upper circuit after Starfin gets empanelled by PNB, Central Bank of India for last mile banking services

‘False and misleading’: CyberX9 responds to PNB’s clarification on data breach

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock