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PUNJAB NATIONAL BANK - 532461 - Board Meeting Intimation for Intimation Under Regulation 29 And 50 Of SEBI (LODR) Regulations, 2015.

PUNJAB NATIONAL BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/03/2023 ,inter alia, to consider and approve raising of capital for FY 2023-24 through issuance of Basel-Ill compliant Additional Tier-1 Bonds and Tier-II Bonds, in one or more tranches
23-03-2023
Bigul

PUNJAB NATIONAL BANK - 532461 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication- Loss of Share Certificate(s)
22-03-2023

$17-bn Credit Suisse horror unlikely to spook AT-1 bond investors in India

PNB likely to issue AT-1 bonds worth Rs 2,000 cr this week; yields not seen surging
21-03-2023

CBI seeks restoration of Red Notice against Mehul Choksi: Agency statement

The CBI has asked an Interpol body to restore the Red Notice against fugitive diamantaire Mehul Choksi terming its earlier decision to drop his name from the list had "serious shortcomings, procedural violations, overreach of mandate and mistakes". The Commission for Control of Interpol's Files (CCF) which had removed Choksi's name from the list of fugitives based on his appeal last year is a separate Interpol body which is "not under the control" of the Interpol Secretariat and is mainly staffed by elected lawyers from different countries where people can challenge decisions to declare them fugitives. Based on repeated appeals from Choksi, who is wanted in the Rs 13,000 crore bank fraud in Punjab National Bank and is holed in Antigua and Barbuda after fleeing from India in 2018, the CCF removed his name from the Red Notice list in November 2022, the CBI said in a statement. Red Notice is the highest level of alert by the 195-member strong International Police cooperation organisati
21-03-2023

WDRA, PNB ink MoU to for finance against negotiable warehouse receipt

Warehousing Development Regulatory Authority (WDRA) has signed an MoU with PNB to facilitate loans to farmers and traders against negotiable warehouse receipts. According to an official statement, the Memorandum of Understanding (MoU) was exchanged in the presence of T K Manoj Kumar, Chairperson, WDRA; Mukesh Kumar Jain, Member, WDRA; Atul Kumar Goel, MD & CEO, PNB; Sunil kumar Chug, CGM, PNB and other senior officers of WDRA and PNB. The MoU was signed to promote awareness about finance against e-NWRs (electronic Negotiable Warehouse Receipt) with features such as no additional collateral and attractive interest rates. The MoU is aimed at providing information to depositors of the benefits, besides doing further outreach activities to improve agricultural pledge finance in India. "It is envisaged that the product will have far reaching consequences with regard to acceptance of e-NWRs among small and marginal farmers," the statement said.
16-03-2023
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