EGM to be held on March 19, 2015 - Deferment of Election of Shareholder Directors
Punjab National Bank has informed BSE regarding "Extraordinary General Meeting (EGM) of the Bank to be held on March 19, 2015 - Deferment of Election of Shareholder Directors". Cessation of Director
Punjab National Bank has informed BSE that Dr. Sunil Gupta, Shareholder director ceases to be Director on the Board of the Bank on resigning from this position vide his letter dated February 28, 2015. EGM on March 19, 2015
Punjab National Bank has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on March 19, 2015. Infusion of Capital by Govt. of India (EGM on March 19, 2015)
Punjab National Bank has informed BSE that consequent upon the decision of the Government of India (GoI) to infuse capital funds to the tune of Rs. 870 crore in the Bank during 2014-15, up to 4,42,07,317 equity shares of face value of Rs. 2/- each at a premium of Rs. 194.80 i.e. at a price of Rs. 196.80 per equity share on preferential basis in accordance with Regulation 76(1) of SEBI ICDR Regulations shall be issued subject to regulatory approvals... Raising of Rs. 1500 Crore through Basel III compliant Perpetual Debt Instruments
Punjab National Bank has informed BSE that the Bank has raised Rs. 1500 crore through Basel III compliant Perpetual Debt instruments in the nature of Debentures for inclusion in Additional Tier I Capital at an annual coupon of 9.15% p.a. with call option at the end of 10 years through Private placement and issue stands closed. Raising of Rs. 1000 crores long term Bonds
Punjab National Bank has informed BSE that the Bank has raised Rs. 1000 crores Long term Bonds at an annual coupon of 8.23% on Private Placement basis on February 09, 2015 through five arrangers. Change in Directorate
Punjab National Bank has informed BSE that Shri Gauri Shankar, Executive Director, is entrusted with the additional charge of the Managing Director &CEO; of the Bank for a period for 3 months with effect from the date he assumes charge of the post or till the date of appointment of regular incumbent or till further orders, whichever is the earliest in compliance of the Government of India, Ministry of Finance, Appointments Committee of Cabinet's order dated February 09, 2015.... Infusion of Capital by Govt. of India
Punjab National Bank has informed BSE that the Govt. of India has decided to infuse capital funds to the tune of Rs. 870 crore (Eight hundred and seventy crore) in the Bank by way of preferential allotment of equity in favour of the Government of India by way of re-capitalisation for the year 2014-15.The bank has initiated all the necessary steps for approvals in this regard. Limited Review for Dec 31, 2014
Punjab National Bank has submitted to BSE a Copy of the Limited Review Report for the period ended December 31, 2014. Announces Q3 results
Punjab National Bank has announced the following results for the quarter ended December 31, 2014:The Unaudited results for the Quarter ended December 31, 2014The Bank has posted a net profit of Rs. 7745.60 million for the quarter ended December 31, 2014 as compared to Rs. 7554.10 million for the quarter ended December 31, 2013. Total Income has increased from Rs. 119223.00 million for the quarter ended December 31, 2013 to Rs. 129048.50...