Updates
Pursuant to Regulation 57 (1) of SEBI (LODR) Regulations, 2015 it is certified that the annual interest on the Tier II Bond Series XV bonds has been paid on 29.03.2017 by way of credit to the bank account of Beneficiaries, as per the Benpos of relevant Record Dates. Updates
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the exchange is hereby informed that the Bank raised Rs. 500 Crore on 24.03.2017 through Unsecured, Subordinated, fully paid-up, non-convertible, Basel III compliant, perpetual debt instruments (series IX) in the nature of debentures for inclusion in additional tier I capital of face value of Rs. 10.00 lakhs each ('bonds') at a coupon rate of @ 9.21% payable annually. New office bearers of AIBOC
Dilip K Saha, General Secretary, Punjab National Bank has been elected President, All India Bank Officers' Confederation and D Thomas Franco Rajendra Dev, President, All India State Bank Officers'... Change in Directorate
Shri Sunil Mehta has been appointed as Part Time Non-official Director as well as Non-Executive Chairman of the Bank by the Central Government vide Govt. of India, Ministry of Finance, Department of Financial Services Notification F.No.4/7/2016-BO.1 dated 16.02.2017, for a period of three years. He has joined PNB on 16.03.2017 Punjab National Bank puts up for sale bad loans worth Rs 295 cr
Bank has identified assets worth Rs 1,800 cr that will be sold by month-end to recover bad loans Updates
Pursuant to Regulation 57 (1) of SEBI (LODR) Regulations, 2015 it is certified that the annual interest on the Tier II Bond Series XIV bonds has been paid on 27.02.2017 by way of credit to the bank account of Beneficiaries, as per the Benpos of relevant Record Dates. 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 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. Updates
Consent of Trustee for issuance of PNB Additional Tier I Bonds of INR 1500 Crores 