PNB associate bank, JSC Tengri Bank's License revoked

The Financial Regulator of Kazakhstan has revoked the license of JSC Tengri Bank, wherein Punjab National Bank has 41.64% stake, on account of failure to observe prudential standards and other mandatory norms and limits by the JSC Tengri Bank.

Shares of PUNJAB NATIONAL BANK was last trading in BSE at Rs.32.6 as compared to the previous close of Rs. 33.25. The total number of shares traded during the day was 1986539 in over 1860 trades.

The stock hit an intraday high of Rs. 33.45 and intraday low of 32.35. The net turnover during the day was Rs. 65612811.

Source : Equity Bulls

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