PNB raises Rs 500 cr via Tier I bonds

Punjab National Bank today announced raising Rs 500 crore through Tier I bonds to meet capital requirement.

MUMBAI: Punjab National Bank today announced raising Rs 500 crore through Tier I bonds to meet capital requirement.

Full subscription was received by July 13, Punjab National Bank said in a communique to the Bombay Stock Exchange.

The deemed date of allotment has been preponed to July 20 from August 3, it added. PTI DP SM 07161645 DEL NNNN
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