Raising of Rs. 1500 Crore Capital by Bank through Tier-II, Basel III compliant bonds

| Updated on February 05, 2016 Published on February 05, 2016

Punjab National Bank has informed BSE that in terms of Board and regulatory approvals, the Bank has raised Rs. 1500 Crore Tier-2 (Basel III compliant) Capital Bonds at annual coupon of 8.65% on private placement basis.

Source : BSE - >www.bseindia.com

Published on February 05, 2016
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