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Is SBI or PNB better?
PNB allows part payment on Personal Loan after Zero months at Nil charges, while SBI does not offer a part payment facility. This makes PNB a better option for instant loan requirements. PNB with an average customer rating of 3.6 is equally comparable to SBI with an average customer rating of 3.6.
Is Punjab National Bank good stock?
“PNB’s asset quality remained largely stable despite elevated slippages, supported by higher recoveries and upgrades. Emkay Global has retained its sell call on the stock due to slower growth, ongoing concerns around asset quality and subpar return ratios when compared with other public sector banks.
Why PNB stocks are falling?
Stock score of Punjab National Bank moved down by 1 in a month on a 10-point scale. Motilal Oswal Securities noted that the bank’s domestic margins also fell 36 basis points sequentially to 2.45 per cent due to an interest reversal of Rs 620 crore and few corporate loans being repriced at lower rates.
PNB is trading in the lower range of yearly prices. PNB is trading in the lower range of the quarterly prices….
| Upside intraday target | 37.86 |
|---|---|
| Upside intraday target | 38.52 |
| Upside short term target | 39.51 |
| Upside mid term target | 39.68 |
| Upside long term target | 39.37 |
Will PNB bank shut down?
PNB to shut down 200 to 300 loss-making branches in next 12 months. As a part of its consolidation plan, the country’s largest public sector lender Punjab National Bank (PNB) has planned to close down, merge or relocate about 200-300 of its loss-making branches over the next 12 months.
Is PNB going to merge?
PNB swallowed Oriental Bank of Commerce and United Bank of India and the merger took effect on 1 April 2021. The bank has rationalized more than 500 branches post the merger and may further merge branches to reduce operating expenses.
Which Po is best?
The biggest advantage of IBPS PO is that it acts as the selection process for most of the Indian banks, whereas, SBI PO is considered only for the State Bank of India. However, candidates who crack the SBI PO exam are offered a better starting salary.
If you value your money, you should stay away from investing in Punjab National bank shares and for that matter all other PSU banks. In fact, you should even be wary of keeping fixed deposits in these banks. If the banks themselves are not bothered about their safety of loans or protecting the deposit holders]
Is SBI a good stock to invest in long term?
Yes, Yes, SBI is good stock for long term. Lets Understand it with Fairly Detailed View. Lets Do a Short Comparison of SBI With its competitors like Indian Overseas Bank, Punjab National Bank and Bank Of Baroda. As we Can see in the Below Image Titan Is Overall 1st in the list.
SBI stock has taken a significant beating after attaining a 52 week high of Rs 373.70. The 52-week low for SBi stocks was Rs 173.60 few months back. SBI stick is considered to be a slow mover. (Do remember that slow and steady wins the race). Ideal levels for buying SBI shares is between Rs 185 – Rs 190 for a better risk-to-reward outcome.
The reason for the low is the reported fraud. It is not a fraud reported by media but one reported by the management. The issue is serious. This indicates failure of the checks and balances in the working of the bank. Market does not ignore such things and the stock price is likely to be pushed down further. We are talking about long term.