Punjab & Sind Bank - 533295 - Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0220 Name of the Signatory :- Saket MehrotraDesignation :- Company Secretary and Compliance Officer Punjab & Sind Bank - 533295 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
We wish to inform you that the Reserve Bank of India (RBI) vide its order dated July 6, 2021, (received by us on July 7, 2021) has imposed a monetary penalty of Rs.1 crore (Rupees One crore only) on Punjab & Sind Bank. As per the said order, the penalty has been imposed in exercise of the powers conferred under section 47A (1) (c) read with sections 46 (4) (i) and 51 (1) of the Banking Regulation Act, 1949 on account of the failure of the bank to comply with certain provisions of the directions issued by the RBI in its Circular IECD.No.29/08.12.01/98-99 dated May 25, 1999 on 'Lending to Non-Banking Financial Companies (NBFCs)' and Master Circular DBR.BP.BC.No.5/21.04.172/2015-16 dated July 01, 2015 on 'Bank Finance to Non-Banking Financial Companies (NBFCs)'. We request you to take note of the above in terms of Regulation 30 of SEBI (LODR) Regulations, 2015. Punjab & Sind Bank - 533295 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
We wish to inform you that the Reserve Bank of India (RBI) vide its order dated July 2, 2021 has imposed a monetary penalty of Rs.25 lakh (Rupees Twenty Five Lakh only) on Punjab & Sind Bank. As per the said order, the penalty has been imposed in exercise of the powers conferred under section 47A (1) (c) read with sections 46 (4) (i) and 51 (1) of the Banking Regulation Act, 1949 on account of the failure of the bank to comply with certain provisions of the directions issued by the RBI in its Circular titled ''Cyber Security Framework in Banks'' dated June 2, 2016. We request you to take note of the above pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. PUNJAB & SIND BANK - 533295 - Closure of Trading Window
Reg: Trading Window Disclosure-Prohibition of Insider Trading In terms of Punjab & Sind Bank Code of Conduct to Regulate, Monitor and Reporting Trading by Insiders, framed as per SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window shall remain closed, for all designated/connected persons, from 01.07.2021 till 48 hours after the date of the Board meeting held to take on record the financial results for the Quarter / Three Month period ended 30.06.2021 i.e. Quarter 1 FY 2021-22. PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Newspaper Publication
This is in continuation to our letter dated 28.06.2021 wherein stock exchanges were forwarded a copy of Notice for Eleventh Annual General Meeting scheduled to be held on Tuesday, 20th July 2021 at 11.00 AM. We are forwarding a copy of notice of Eleventh Annual General Meeting published in Business Standard (English and Hindi newspapers) on 29.06.2021. You are requested to take a note of the same. Punjab & Sind Bank - 533295 - Reg. 34 (1) Annual Report
Further to our letter dated 28.06.2021 regarding Eleventh Annual General Meeting of Shareholders of Punjab & Sind Bank, please find enclosed the Annual Report 2020-21 including Notice for Eleventh Annual General Meeting scheduled to be held on 20.07.2021 at 11:00 a.m. through VC / OAVM. Punjab & Sind Bank - 533295 - Notice For Eleventh Annual General Meeting Of The Bank On 20.07.2021
We are forwarding a copy of Notice for Eleventh Annual General Meeting of Shareholders of Punjab & Sind Bank to be held through Video Conferencing (VC) / or Other Audio Visual Means (OAVM) on Tuesday, the 20th July, 2021 at 11.00 a.m. You are requested to take a note of the same. Punjab & Sind Bank - 533295 - 11Th Annual General Meeting - Update
It is now informed that the Board, at its meeting held on 22.06.2021 has approved to set off the Bank''s accumulated losses of Rs.3577.55 crore as at 31.03.2021 by utilizing an equivalent amount standing to the credit of Share Premium Account of Bank as on the date of set off and take the same into account during current Financial year 2021-22, subject to necessary approval from shareholders and prior permission from the Reserve Bank of India and Government of India. Accordingly, the agenda items are proposed to be considered in the 11th Annual General Meeting: 1. To discuss, approve and adopt the Financial Results 2. Appropriation of accumulated losses of Rs.3577,54,66,746.23 as at 31st March 2021 from Share Premium Account of the Bank during the current financial year 2021-22
Punjab & Sind Bank Sheds 2% After Declaring Lanco Infratech As Fraud Account
Punjab & Sind Bank Share Price: On Thursday, Punjab & Sind Bank opened on the BSE at Rs 19.90, inching to an intra day high of Rs 20.10, and an intra day low of Rs 19.55, so far PUNJAB & SIND BANK - 533295 - Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR) Regulations, 2015: Reporting Of Borrowal Fraud Of Bank''s Exposure In M/S Lanco Infratech Limited Involving A Total Amount Of Rs.215.17 Crore
Pursuant to the applicable provisions of SEBI (LODR) Regulations and the materiality policy of the Bank we inform as under: In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and having regard to the Bank''s policy on determination and disclosures of material events, it is informed that an NPA Account, viz. M/s Lanco Infratech Limited with outstanding dues of Rs.215.17 crore has been declared as fraud and reported to RBI today as per regulatory requirement. Further, the account has been fully provided for as per existing RBI norms. We request you to take note of the above.