Punjab National Bank undertakes Rs 500 crore fund raising

Through private placement of Tier-II Basel III compliant Bonds

Punjab National Bank announced that the Bank is raising Rs. 500 crore Tier-II Basel III compliant Bonds at an annual coupon of 9.35% on Private placement basis from 04 September 2014 to 09 September 2014 through five arrangers.

Powered by Capital Market - Live News