NSE: PNB · 8 October 2026 · Pre-market update
- Punjab National Bank will be in focus this morning after revising its Repo Linked Lending Rate upward from 8.10% to 8.35% effective October 8, 2026. The 25 bps rate adjustment follows the Reserve Bank of India's repo rate hike, while the lender's MCLR and Base Rate remain unchanged. Investors will observe how the benchmark lending rate revision impacts sentiment following the stock's 2.39% gain in the previous trading day.
- Punjab National Bank informed exchanges that it has revised its Repo Linked Lending Rate (RLLR) from 8.10% to 8.35% (including a BSP of 0.35%) with effect from October 8, 2026. The revision was triggered by the Reserve Bank of India's increase in the policy repo rate on October 7, 2026. The bank stated that its Marginal Cost of Funds Based Lending Rate (MCLR) and Base Rate remain unchanged.
- Trading volume was 1.52 times the 20-day average daily volume.
Punjab National Bank Company News Before Market Open
Punjab National Bank will be in focus this morning after revising its Repo Linked Lending Rate upward from 8.10% to 8.35% effective October 8, 2026. The 25 bps rate adjustment follows the Reserve Bank of India's repo rate hike, while the lender's MCLR and Base Rate remain unchanged. Investors will observe how the benchmark lending rate revision impacts sentiment following the stock's 2.39% gain in the previous trading day.
External benchmark-linked loans (such as home and retail credit) will see an immediate 25 bps rate increase, supporting loan yields. Unchanged MCLR and Base Rate show that the lender is selectively passing on higher rates without immediately raising internal benchmark lending costs across the board. The adjustment allows PNB to preserve net interest margins amid rising policy rates without premature pressure on overall credit demand.
1.83 crore shares traded on 7 October 2026. This compares with a 20-day average daily volume of 1.20 crore shares (1.52 times). The five-day average daily volume was 94.65 lakh shares.
External benchmark-linked loans (such as home and retail credit) will see an immediate 25 bps rate increase, supporting loan yields. Unchanged MCLR and Base Rate show that the lender is selectively passing on higher rates without immediately raising internal benchmark lending costs across the board. The adjustment allows PNB to preserve net interest margins amid rising policy rates without premature pressure on overall credit demand.
Latest Company Developments
Punjab National Bank informed exchanges that it has revised its Repo Linked Lending Rate (RLLR) from 8.10% to 8.35% (including a BSP of 0.35%) with effect from October 8, 2026. The revision was triggered by the Reserve Bank of India's increase in the policy repo rate on October 7, 2026. The bank stated that its Marginal Cost of Funds Based Lending Rate (MCLR) and Base Rate remain unchanged.
The immediate transmission of the repo rate hike to external benchmark lending rates helps protect asset yields on floating-rate retail and MSME loans.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.51% on 30 June 2026. This compares with 6.23% on 31 March 2026, a change of +0.28 percentage points.
The filing reported 42 MF/UTI holders.
What to Watch Next
- Opening price action relative to the prior close of ₹114.59 and the previous day's high of ₹115.10.
- Market reaction to the prompt policy rate transmission compared to peers in the public sector banking space.
- Trading volume and participation near the 20-day moving average benchmark of ₹114.90.
Other Dated Coverage
- Punjab National Bank Share Price Today: Why PNB Is Rising 2.39% | 7 October 2026 — 7 October 2026
- Why PNB Shares Are Rising 2.54% Today: Price & Market Context | 5 October 2026 — 5 October 2026
- Why PNB Shares Fell 3.09% Today: Sector Weakness in Focus | 1 October 2026 — 1 October 2026
More Punjab National Bank news and dated analysis →
Frequently Asked Questions
What is the latest Punjab National Bank company news?
Punjab National Bank informed exchanges that it has revised its Repo Linked Lending Rate (RLLR) from 8.10% to 8.35% (including a BSP of 0.35%) with effect from October 8, 2026. The revision was triggered by the Reserve Bank of India's increase in the policy repo rate on October 7, 2026. The bank stated that its Marginal Cost of Funds Based Lending Rate (MCLR) and Base Rate remain unchanged.
How strong was Punjab National Bank’s trading volume?
1.83 crore shares traded, 1.52 times the 20-day average daily volume. The price and volume data are dated 7 October 2026.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.