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PNB QIP
PNB board approves fund raising of Rs 7,500 crore via share sale in FY'25State-owned Punjab National Bank (PNB) on Monday said the board of the bank has given green signal for raising Rs 7,500 crore through Quali...29 Jan, 2024, 09.07 PM IST- PNB raises Rs 1,800 crore via QIP; offers shares at 33.75 per unitEligible Qualified Institutional Buyers (QIBs) were given the share at an issue price of Rs 33.75 per unit aggregating to Rs 1,799.99 crore...15 May, 2021, 10.02 PM IST
- Punjab National Bank's Rs 1,800 crore QIP opens; shares tankBanks are looking to shore up their capital to absorb the fresh slippages amid the raging second wave of the coronavirus pandemic.11 May, 2021, 04.13 PM IST
- Second COVID-19 wave may delay PSBs equity raising plansPublic sector banks in need of raising equity have begun preparations for share sales but the second wave of the coronavirus may delay thei...13 Apr, 2021, 10.29 PM IST
- PNB Housing to go for QIP as parent’s infusion stalledThe size of the QIP could be in the range of Rs 1000 crore so that PNB’s shareholding is maintained around 27%. PNB had earlier announced t...28 Jan, 2021, 07.40 AM IST
- PNB QIP issue falls short of target by 46%PNB had planned to raise up to Rs 7,000 crore through qualified institutional placement (QIP) that had opened on Tuesday (December 15).18 Dec, 2020, 09.35 PM IST
- PNB plunges 8% after setting floor price for Rs 7,000 crore QIPThe stock fell as the QIP price was set at a 7.9 discount to Tuesday's closing price of Rs 40.55.16 Dec, 2020, 01.22 PM IST
- PNB sets floor price for QIP at Rs 37.35 per shareThe Capital Raising Committee of the bank at a meeting held on Tuesday authorised the opening of the QIP issue and approved the floor price...16 Dec, 2020, 09.34 AM IST
- PNB looking to raise up to Rs 7000 cr via QIP this weekCapital adequacy to improve by 100 bps if bank manages to raise entire amount16 Dec, 2020, 09.21 AM IST
- PNB gains as bank kicks off roadshow for Rs 7000 crore QIPThe bank has already taken approval from the board for raising Rs 14,000 crore by way of Tier II, Additional Tier 1 (AT-1) bonds and QIP (Q...07 Dec, 2020, 10.09 AM IST
- PNB plans to raise Rs 7,000 crore from QIP in DecemberIndia’s second largest bank saw credit growth picking up marginally through the second half of this fiscal while it expected the figure to ...03 Nov, 2020, 08.35 PM IST
- SBI, PNB, BoB may go for share sale this fiscalQualified Institutional Placement (QIP) would be the most preferred way and public sector banks are likely to take a call on taking this ro...23 Aug, 2020, 05.00 PM IST
- PNB Housing drops share sale plan to new investors, looks to raise capital via rights issuePNB had earlier decided against subscribing to the preferential allotment of shares.15 Jun, 2020, 06.44 PM IST
- Varde continues to hold 2.33% in PNB Housing FinanceThe mortgage lender is in process of raising up to Rs 1700 crore.23 Apr, 2020, 08.52 PM IST
- PSBs’ fund-raising plans may take a hitAt least 3 PSB's are looking to raise money from institutional investors in the near future.16 Feb, 2018, 09.11 AM IST
- 12 PSU banks including PNB and Bank of India plans to raise funds from marketsAbout 6-7 lenders expect to close their capital raising plan by the end of the current fiscal.06 Aug, 2017, 03.14 PM IST
- Breakout seen in Yes Bank: IIFL WealthAnu Jain, VP, IIFL Wealth in an interview to ET Now said I would prefer a PNB or a BoB which has not really moved but if I want to really p...22 Apr, 2010, 11.10 AM IST
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