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PSB IPO
Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...- Punjab & Sind Bank gets shareholders nod for Rs 990 cr preferential issueThe shareholders at the general meeting approved issuance of shares to the government and LIC on preferential basis at Rs 85.46 apiece, PSB...
- LIC to pick up to 5% stake in Punjab & Sind BankAt the prevailing share price of PSB, LIC will have to pay about Rs 95 cr to the bank. Shares of the bank today closed at Rs 85.75 apiece, ...
- Punjab & Sind Bank to raise Rs 600 crore in 2011-12State-owned Punjab & Sind Bank (PSB) plans to raise Rs 600 crore during the current fiscal from bonds to fund business growth.
- Punjab & Sind Bank Q3 profit up 8.6 pc at Rs 135.3 crThe IPO proceeds will be utilised for business expansion, as well as the bank's credit growth requirement over the next two to three years.
- Punjab & Sind Bank IPO settles 6% up on debut dayPunjab & Sind Bank’s IPO — 2010’s last IPO to list on bourses — debuted at a 6% premium to the offer price on Thursday.
- Punjab & Sind Bank IPO subscription reaches 50.41 times on final dayPunjab & Sind Bank's IPO received an overwhelming response, getting over-subscribed 50.41 times on the final day, generating bids worth Rs ...
- Punjab & Sind Bank IPO subscription reaches 4.7 times on Day 2The IPO witnessed total demand worth Rs 2,256 crore on the second day of subscription.
- Punjab & Sind Bank IPO subscribed 1.58 times on Day 1State-run Punjab & Sind Bank's (PSB) initial public offer was subscribed by 1.58 times on the first day of issue on Monday.
- Punjab and Sind Bank IPO attractively priced: HDFC SecuritiesHDFC Securities is of the view that Punjab and Sind Bank IPO is attractively priced. However the bank will have to deal with challenges lik...
- 'Subscribe' to Punjab and Sind Bank IPO: IIFLIIFL has recommended investors to ‘Subscribe’ to initial public offering of Punjab and Sind Bank. The government owned bank has come out wi...
- Punjab and Sind Bank IPO attractively priced: Motilal OswalAccording to Motilal Oswal the initial public offering of Punjab and Sind Bank (PSB) is attractively priced. However, technology upgradatio...
- Punjab & Sind Bank to raise Rs 480 cr, to be listed by Dec-endPunjab & Sind Bank (PSB) would be listed on bourses by the end of this month and is likely to raise Rs 480 crore through its initial public...
- CARE assigns Grade 4 to the proposed IPO of Punjab & Sind BankCARE assigned 'IPO Grade 4' to the proposed public offer of Punjab & Sind Bank, the only unlisted nationalised bank.
- Punjab & Sind Bank IPO to hit market by early DecemberPunjab & Sind Bank, the only unlisted state-owned lender, is aiming to hit the capital market with an estimated Rs 600 crore IPO.
- CCEA to weigh P&SB capital recast on FridayThe Cabinet committee on economic affairs (CCEA) is likely to consider the equity restructuring proposal of Punjab & Sind Bank (P&S Bank).
- PSB Bank fracas stalls IPO planAll crucial decisions of the bank have been put on hold with the reconstitution of its board underway.
- Punjab and Sind net doubles to Rs 219 crState-owned Punjab and Sind Bank (PSB) on Friday reported a net profit that doubled to Rs 218.5 crore in 2006-07.
- Three PSU banks to float IPO in FY06-07The government will go ahead with its plan to divest 5-15 per cent equity in three public sector banks this fiscal, notwithstanding the dec...
- Govt to encourage more PSU banks to go for IPOsEnthused by the success of public offers of shares of public sector banks in recent times, the government on Friday said it will encourage ...
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