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Punjab National Bank raises Rs 1,500 cr tier-I capital via bonds

The bond holders will get yield of 8.95% per annum, payable semi-annually
03-03-2017
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Updates

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the exchange is hereby informed that the Bank raised Rs. 1500 Crore Additional Tier I (Basel III Compliant) Capital Bonds at a coupon rate of 8.95% p.a., payable semi annually on private placement basis on 03.03.2017.
03-03-2017
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Updates

Consent of Trustee for issuance of PNB Additional Tier I Bonds of INR 1500 Crores
03-03-2017
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Updates

Information Memorandum (IM) for PNB Additional Tier I Bonds of INR 1500 Crores
03-03-2017
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Credit Rating

Ratings of PNB INR1500 Crores for Additional Tier I Bonds by Brickwork & India Ratings
03-03-2017
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PNB Plans Sale Of Assets Worth Rs 1,800 Crore To Recover Bad Loans

"Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and these will be put on the block during the current fiscal," PNB Managing Director Usha Ananthasubramanian told PTI.
01-03-2017
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Updates on Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017

With referennce to the earlier disclosure dated February 20, 2017, Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017, Punjab National Bank has now informed BSE that if strike takes place, the normal functioning of the branches/ offices of the bank may get affected during the day.
24-02-2017
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Fully committed to growing insurance JV with PNB, says top MetLife official

PNB MetLife has AUM of 14,327 crore and has been profitable for the last 6 years
23-02-2017
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Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017

Punjab National Bank has informed BSE regarding "Notice of Stirke by United Forum of Bank Unions on Feb 28, 2017."
20-02-2017
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Sunil Mehta appointed non-executive Chairman of PNB

Punjab National Bank (PNB) has a new non-executive Chairman in Sunil Mehta. The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services (DFS)...
17-02-2017
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