PNB to raise Rs 500 cr via bonds

PNB to raise Rs 500 cr via bonds

BS Reporter / Mumbai December 22, 2008, 13:17 IST

Punjab National Bank (PNB) has informed Bombay Stock Exchange that the bank will be raising Rs 500 crore as PNB Upper Tier II Bonds Series VI through private placement.

The proposed date of opening is December 18, 2008 and proposed date of closing is December 22, 2008.