Bigul

PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

This is to inform that Reserve Bank of India has approved the appointment of the following four audit firms as Statutory Central auditors of the Bank for the FY 2020-21:- 1. M/s. Suresh Chandra & Associates, New Delhi - Continuing Auditors 2. M/s. Raj Gupta & Co., Chandigarh - Continuing Auditors 3. M/s. Ghiya & Co., Jaipur - New Auditors 4. M/s. Shiv & Associates, New Delhi - New Auditors The information is furnished pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Brief profile of the newly appointed Statutory Central Auditors (SCAs) of the Bank is enclosed herewith.
04-01-2021
Bigul

PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Change in Directorate

This is to inform the Exchange that as per Notification no. F.No.6/1/2015-BO-I dated 27.12.2017, Shri Shailesh Ramji Ghedia and Shri. Madhu Sudan Dadu were appointed as Part-time Non-Official Director under Chartered Accountant category and Part-time Non-Official Director respectively on the Board of Punjab & Sind Bank for a period of three years from the date of notification of their appointment Shri Shailesh Ramji Ghedia and Shri. Madhu Sudan Dadu were retired from the Board of Punjab & Sind Bank on 26.12.2020 on completion of their tenure of three years. We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
02-01-2021
Bigul

Govt re-caps Punjab & Sind Bank via zero coupon bonds

The Centre has resorted to a novel recapitalisation exercise to provide 5,500-crore support to state-owned listed Punjab & Sind Bank to shore up
25-12-2020
Bigul

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 Sintex Industries Ltd Involving A Total Amount Of Rs. 294.49 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 a NPA Account, viz. M/s Sintex Industries Ltd with outstanding dues of Rs.294.49 crore having provisioning of Rs.147.25 crore has been declared as fraud and reported to RBI today as per regulatory requirement. We request you to take note of the above.
24-12-2020
Bigul

PUNJAB & SIND BANK - 533295 - Disclosure Of Divergence In The Asset Classification And Provisioning

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to SEBI Circular Number CIR/CFD/CMD1/120/2019 dated October 31, 2019, the divergence in the asset classification and provisioning as per the RBI's Risk Assessment Report is provided herewith.
15-12-2020
Bigul

PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Interest Rates Updates

We hereby inform that as per the Guidelines of Reserve Bank of India, our Bank has reviewed the Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors and the same will be effective from 16.12.2020 S.No. Tenor MCLR (%) w.e.f. 16.12.2020 1. Overnight MCLR 7.15 2. One month MCLR 7.30 3. Three month MCLR 7.45 4. Six month MCLR 7.55 5. One Year MCLR 7.65 We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
15-12-2020
Bigul

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 SEL Manufacturing Company Limited Involving A Total Amount Of Rs.77.82 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 SEL Manufacturing Company Limited with outstanding dues of Rs.77.82 crore has been declared as fraud and reported to RBI as per regulatory requirement. Further, Bank has already made 100% provisioning as per the prescribed prudential norms and account is technically written off. We request you to take note of the above.
14-12-2020
Bigul

PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Newspaper Publication

The amount of Interim Dividend unclaimed/ Unpaid on the Bank's Shares for the Financial Year 2013-14, is falling due for transfer to IEPF Account of Govt. of India. In this regard Bank has published a notice in the Financial Express (English) & Jansatta (Hindi) newspapers on 27.11.2020, for information of shareholders who have not claimed the said dividend. This is pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to take a note of the same.
27-11-2020
Bigul

PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

Reg: Strike by AIBEA, AIBOA, BEFI This is to inform that All India Bank Employees' Association (AIBEA), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI) have given a notice calling for All India Bank Strike on 26th November, 2020. If the strike materialises, a certain section of the Bank's employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected. The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Bank's branches / offices.
25-11-2020
Bigul

Punjab & Sind Bank to raise up to Rs 5,500 cr via pref issue

State-owned Punjab & Sind Bank on Saturday said its board has approved a proposal to raise up to Rs 5,500 crore by issuing shares on a preferenti
21-11-2020
Next Page
Close

Let's Open Free Demat Account