PNB bank Share Price Target 2022, 2023, 2024, 2025, 2030

PNB bank Share Price Target 2022, 2023, 2024, 2025, 2030

PNB bank Share price target 2022 is a bank that has been nationalised in India. It is owned by the Ministry of Finance, govt of India, and is headquartered in New Delhi, India. The bank was created in May 1894 and is India’s biggest government-owned bank in terms of both business volume and network. The bank has more than 180 million clients, 12,248 locations, and more than 13,000 ATMs.

PNB bank share price Punjab National Bank PNB has a banks affiliate in the United Kingdom (PNB International Bank), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul. It has operations in Almaty, Kazakhstan, Dubai, United Arab Emirates, Shanghai, China, Oslo, Norway, and Sydney (Australia). It owns 51% of Druk PNB Bank, which has five branches in Bhutan. PNB holds 20% of Nepal’s Everest Bank, which has 50 branches. PNB additionally owns 41.64 percent of Kazakhstan’s JSC (SB) PNB Bank, which has four branches.

PNB bank Share Price Target 2022, 2023, 2024, 2025, 2030

PNB bank share price Punjab National Bank is a government-owned enterprise governed by the Reserve Bank of India Act of 1934 and the Banking Regulation Act of 1949. It was established on May 19, 1894, under the Indian Companies Act, with its headquarters in Anarkali Bazaar, Lahore, in pre-independence India (present-day Pakistan). The original board was recruited from all sections of India, representing many faiths and backgrounds, with the unifying goal of forming a truly national bank which would serve the country’s economic interests.

Target price for PNB bank in 2022 Prediction

PNB bank The Reserve Bank of India Act of 1934 and the Banking Regulation Act of 1949 oversee Punjab National Bank, a treasury corporation. It was founded on May 19, 1894, under the Indian Companies Act, with its headquarters in or before India’s Anarkali Bazaar, Lahore (present-day Pakistan). The initial board of directors was drawn from all parts of India, representing a wide range of faiths and origins, with the overarching purpose of establishing a truly national bank that would serve the country’s economic interests.

PNB bank Share Price Target 2022

Target 1 – 38rs , 40rs , 41rs – 41.50 1year
Target 2 – 42rs, 43rs, 43.50rs – 2year
Target 3 – 47rs, 49rs, 51rs – 3 year
Target 4 – 59rs, 66rs, 72rs 4 year
Target 5 – 79rs , 85rs , 100rs 5 year

PNB bank share price NSE BSE:- A penny stock, in my opinion, has no price target. If you have made a profit, book it.

Price Target for PNB bank in 2023, 2024, 2025, 2030

In February 2018, PNB announced that it has discovered fraud cases of up to $1.77 billion at only one of its branches. PNB bank share price NSE BSE In July 2019, the bank discovered another fraud by Bhushan Power & Steel Ltd totaling 3,805.15 crore (US$505 million) (BPSL)

PNB bank Share Price Target 2022

4th UP TARGET 431st DOWN TARGET 39.20
3rd UP TARGET 42.502nd DOWN TARGET 38.10
2nd UP TARGET 42.303rd DOWN TARGET 37.50
1st UP TARGET 41.504th DOWN TARGET 36.20
PNB bank Share price target 202
(in Cr.)Sep-21Jun-21FY20-21
Revenue17,980.3718,920.9280,749.77
Net Profit1,105.151,023.462,021.62
EPS1.000.952.08
CAR %0.000.000.00
NPM %6.155.412.50

Future of PNB bank Share

(Future of PNB bank) On August 30, 2019, Finance Minister Nirmala Sitharaman announced the merger of the Oriental Bank of Commerce and the United Bank of India with the Punjab National Bank. With assets of 17.95 lakh crore (US$240 billion) and 11,437 branches, the planned merger would become Punjab National Bank the nation’s second largest public sector bank. On March 4, 2020, the Union Cabinet authorised the merger.

PNB bank share price today The next day, PNB stated that its board of directors had accepted the merging percentages. Investors of Oriental Bank of Commerce and United Bank will get 1,150 shares of PNB and 1,150 shares of Oriental Bank of Commerce, correspondingly, for every common shares they own. The merger went into effect on April 1, 2020. Following the merger, all clients of the other two merged banks are now considered as PNB clients.

Future of PNB bank Share The bank employed 70,810 people as of March 31, 2019. It also has 1722 workers with impairments as of March 31, 2019. (2.43 percent ). On the same day, the average age of bank workers was 39 years. During the fiscal year 2012–13, the bank recorded revenue of 11.65 crores per employee and a net profit of 8.06 lakhs per employee. During the same fiscal year, the corporation spent 5,751 crores on employee benefits. on Thursday announced a two-fold increase in standalone net profit for the third quarter ended December at Rs 1,126.78 crore.
In the previous fiscal year, the state-owned bank achieved a net profit of Rs 506.03 crore.
However, overall income from October to December 2021 fell to Rs 22,026.02 crore, compared to Rs 22,026.02 crore in the previous year.

But, overall income from October to December 2021 fell to Rs 22,026.02 crore from Rs 23,298.53 crore the previous year, according to a regulatory filing by PNB.

Future of PNB bank Share

Yes, you can buy this stock because it has government control.

We can buy PNB bank shares now?

Yes, you can buy it on 41 target 44. try to buy at 39.50

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