Board of Punjab National Bank approves capital raising under Tier I & Tier II

At meeting held on 28 April 2017
The Board of Directors of Punjab National Bank at its meeting held on 28 April 2017 has granted permission to raise Basel III Compliant Debt instrument - Perpetual Additional Tier I Capital bonds to the extent of Rs. 3000 crore and Tier - II bonds up to Rs. 3000 cror, subject to availability of headroom in one or more tranches.Powered by Capital Market - Live News
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First Published: Apr 28 2017 | 7:49 PM IST
