📉 PNB Shares Under Watch After RLLR Cut
Punjab National Bank (PNB) is back in focus this Friday, April 11, after slashing its Repo Linked Lending Rate (RLLR) from 9.10% to 8.85%, effective April 10. The move includes a 20 basis points spread.
🔻 Stock Performance Snapshot:
- Down 27.73% over the past year
- Down 6.80% YTD
- Dropped 7.96% in 6 months, 6.39% in 3 months
- 📈 But up 5.04% in the past month, hinting at short-term recovery
Investors will be watching closely to see if this rate revision sparks a rebound.
