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Board of Punjab National Bank approves raising equity capital up to Rs 5000 cr

Capital Market 

At meeting held on 25 July 2019

The Board of Punjab National Bank at its meeting held on 25 July 2019 has granted approval for raising Equity Capital amounting up to Rs.5000 crore in one or more tranches through Qualified Institutional Placements (QIP)/ Follow-on Public Offer (FPO)/Rights Issue.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 26 2019. 12:04 IST
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