Open an Account
search icon
4
NOTIFICATIONS
Best Algo trading app in India
Bigul

Punjab & Sind Bank's board to consider plan for raising up to Rs 5,500 cr

 State-owned Punjab & Sind Bank on Wednesday said the board of bank will meet later this week to consider raising up to Rs 5,500 crore by issuing shares on a preferential basis. "A meeting of board of directors of Punjab & Sind Bank is scheduled to be held on Saturday, November 21, 2020, for considering to offer, issue, create and allot equity shares up to Rs 5,500 crore (including preferential issue of equity shares)," the bank said in a regulatory filing. Shares of Punjab & Sind Bank on Wednesday closed 0.88 per cent up at Rs 11.40 apiece on the BSE.
18-11-2020
Bigul

PUNJAB & SIND BANK - 533295 - Board Meeting Intimation for Punjab & Sind Bank - Prior Intimation Of Board Meeting Dated 21.11.2020: Reporting Pursuant To Regulation 29(1) (D) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 PUNJAB & SIND BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/11/2020 ,inter alia, to consider and approve We wish to inform that a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on Saturday, 21.11.2020 for considering the following agenda item. 1. To offer, issue, create and allot Equity Shares up to Rs.5500 crore (including share premium) to the Government of India by way of preferential issue of equity shares. You are requested to take a note of the above, pursuant to Regulation 29(1) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
18-11-2020
Bigul

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

 Reviewed Unaudited Financial Results of the Bank for the Quarter (Q2) / Half Year ended September 30, 2020 were taken on record / adopted by the Board of Directors of the Bank, in its meeting held on 12.11.2020 and this was informed to the Stock Exchanges. The results were published in Mint (English) and Hindustan (Hindi) on 13.11.2020. We are enclosing a copy of newspapers wherein the Reviewed Unaudited Financial Results of the Bank for the Six Months period / Quarter (Q2) ended September 30, 2020 were published.
13-11-2020
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 16.11.2020 S.No. Tenor MCLR (%) w.e.f. 16.11.2020 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.
13-11-2020
Bigul

Punjab & Sind Bank narrows net loss at Rs 401 cr in September quarter

 Punjab & Sind Bank on Thursday reported narrowing of its net loss at Rs 401.27 crore in the second quarter ended September 2020. The state-owned lender had posted a net loss of Rs 468.73 crore in the same period a year ago. The loss, however, widened sequentially from Rs 116.89 crore in the June quarter of FY2020-21. Total income of the bank fell to Rs 1,999.19 crore in July-September of 2020-21 from Rs 2,222.57 crore in the same period of 2019-20, Punjab & Sind Bank said in a regulatory filing. Bank's provisioning for bad loans and contingencies were down at Rs 863.82 crore for Q2FY21 from Rs 972.62 crore in Q2FY20. Of this, bad loans or NPAs provisioning were Rs 845 crore, as against Rs 949.36 crore a year earlier. Asset quality impaired with gross non-performing assets (NPAs) rising to 14.06 per cent by end of September 2020 from 13.64 per cent at end of September 2019. Value wise, the gross NPAs stood at Rs 8,673.16 crore, lower than Rs 9,218.22 crore. Net NPAs, however, .
12-11-2020
Bigul

PUNJAB & SIND BANK - 533295 - Punjab & Sind Bank - Board Meeting Dated 12.11.2020: Reporting Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 We wish to inform that the Board of Directors of Punjab & Sind Bank at its meeting held on 12.11.2020, resolved and approved the following: 1. Unaudited, Reviewed Financial Results for the Quarter (Q2) / Half Year ended September 30, 2020. 2. To offer, issue, create and allot Equity shares aggregating up to Rs.6000 crore (including premium) by way of Follow on Public Offer (FPO) / Right Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode or a combination(s) thereof in one or more tranches within a period of 12 months. This includes the previous approval to raise an amount of Rs.500 crore by way of QIP. 3. To increase the Authorized Equity Share Capital of the Bank from Rs.3000 crore to Rs.10000 crore. We are forwarding a copy of Reviewed Un-audited Financial Results, Segment Reporting and Limited Review by Auditors.
12-11-2020
Bigul

PUNJAB & SIND BANK - 533295 - Punjab & Sind Bank - Board Meeting Dated 12.11.2020: Reporting Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 We wish to inform that the Board of Directors of Punjab & Sind Bank at its meeting held on 12.11.2020, resolved and approved the following: 1. Unaudited, Reviewed Financial Results for the Quarter (Q2) / Half Year ended September 30, 2020. 2. To offer, issue, create and allot Equity shares aggregating up to Rs.6000 crore (including premium) by way of Follow on Public Offer (FPO) / Right Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode or a combination(s) thereof in one or more tranches within a period of 12 months. This includes the previous approval to raise an amount of Rs.500 crore by way of QIP. 3. To increase the Authorized Equity Share Capital of the Bank from Rs.3000 crore to Rs.10000 crore. We are forwarding a copy of Reviewed Un-audited Financial Results, Segment Reporting and Limited Review by Auditors.
12-11-2020
Bigul

PUNJAB & SIND BANK - 533295 - Punjab & Sind Bank - Capital Infusion By Government Of India

 Bank is in receipt of letter F.No.7/23/2019-BOA-I dated 10.11.2020 from Ministry of Finance, Department of Financial Services regarding the sanction of the President of India to infuse an amount of Rs.5500 crore in the Bank towards contribution of the Central Government in the Preferential Allotment of Equity Shares of the Bank during the Financial year 2020-21. You are requested to take a note of the above, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
10-11-2020
Bigul

PUNJAB & SIND BANK - 533295 - Update on board meeting

 PUNJAB & SIND BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2020 ,inter alia, to consider and approve : Meeting of Board of directors to be held on 12/11/2020 - Raising Capital: Reporting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform that a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on Thursday, 12/11/2020 for considering the following agenda items in addition to the Unaudited Reviewed Financial Results for the Quarter (Q2) / Half Year ended September 30, 2020. 1. To seek approval to offer, issue, create and allot Equity shares aggregating up to Rs.6000 crore (including premium) by way of Follow on Public Offer (FPO) / Right Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode or a combination(s) thereof in one or more tranches within a period of 12 months. This includes the previous approval to raise an amount of Rs.500 crore by way of QIP. 2. To increase the Authorized Equity Share Capital of the Bank from Rs.3000 crore to Rs.10000 crore.
09-11-2020
Bigul

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

 Clause: 47(1) (a): Publication of notice for Board Meeting to be held on 12.11.2020 to consider and take on record, Unaudited Reviewed Financial Results for the Quarter (Q2) / Half Year ended September 30, 2020. Notice for Board Meeting scheduled to be held on 12.11.2020 to consider and take on record, Unaudited Reviewed Financial Results for the Quarter (Q2) / Half Year ended September 30, 2020 was sent to stock exchanges vide our letter dated 05.11.2020. The notice has been published in Mint (English Newspaper) and Hindustan (Hindi newspaper) on 06.11.2020. We are enclosing copy of the newspaper cuttings.
06-11-2020
Next Page
Close

Let's Open Free Demat Account