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PNB plans to raise up to 50 bln rupees via QIP in Sep, says ED Kumar

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EXCLUSIVE

PNB plans to raise up to 50 bln rupees via QIP in Sep, says ED Kumar

This story was originally published at 17:06 IST on September 6, 2024  Back
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By Sachi Pandey, Kabir Sharma, and Sourabh Kumar

Punjab National Bank plans to raise up to 50 bln rupees through a qualified institutional placement this month, Binod Kumar, the bank's executive director, told Informist today on the sidelines of the FIBAC 2024 conference. The public sector bank plans to raise up to 50 bln rupees through the instrument, he said.

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