PUNJAB & SIND BANK - 533295 - Closure of Trading Window
This is to inform that in terms of Punjab & Sind Bank Code of Conduct to Regulate, Monitor and Reporting Trading by Insiders, the Trading Window, which was closed from the end of the quarter ended 30.09.2020 i.e. from 01.10.2020, shall remain closed, for all designated/connected persons till 14.11.2020. PUNJAB & SIND BANK - 533295 - Board Meeting Intimation for Regulation 29(1)(A) SEBI (Listing Obligations And Disclosures Requirements) Regulations; Board Meeting To Consider And Take On Record, Unaudited Reviewed Financial Results For The Quarter (Q2) / Half Year Ended September 30, 2020
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 Pursuant to Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, notice is hereby given that a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on 12.11.2020 at New Delhi, inter alia, to consider and take on record, Unaudited Reviewed Financial Results, for the Quarter (Q2) / Half year ended 30.09.2020. Further, this is to inform that in terms of Punjab & Sind Bank Code of Conduct to Regulate, Monitor and Reporting Trading by Insiders, the Trading Window, which was closed from the end of the quarter ended 30.09.2020 i.e. from 01.10.2020, shall remain closed, for all designated/connected persons till 14.11.2020. 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 IL & FS Financial Services Limited (IFIN) Involving A Total Amount Of Rs.561.13 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 IL & FS Financial Services Limited (IFIN) with outstanding dues of Rs.561.13 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. 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 16.10.2020 S.No. Tenor MCLR (%) w.e.f. 16.10.2020 1. Overnight MCLR 7.05 2. One month MCLR 7.35 3. Three month MCLR 7.50 4. Six month MCLR 7.60 5. One Year MCLR 7.70 Further ALCO has decided to keep the existing Base rate and BPLR unchanged at 9.70% & 14.00% respectively. We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. PUNJAB & SIND BANK - 533295 - Shareholding for the Period Ended September 30, 2020
Punjab & Sind Bank has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2020. For more details, kindly Click here PUNJAB & SIND BANK - 533295 - Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR) Regulations, 2015: Reporting Of Borrowal Fraud
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 the following NPA Accounts have been declared as fraud today i.e, 13.10.2020 and reported to RBI as per regulatory requirement: 1. M/s Alpine Realtech Private Limited with balance outstanding of Rs.64.79 crore and Bank has already made 100 % provisioning as per the prescribed prudential norms. 2. M/s Sterling Motor Company with balance outstanding of Rs.36.00 crore and Bank has already made 100 % provisioning as per the prescribed prudential norms. 3. M/s Automobile Sterling Motor Co. with balance outstanding of Rs.32.67 crore and Bank has already made 100 % provisioning as per the prescribed prudential norms. We request you to take note of the above. PUNJAB & SIND BANK - 533295 - Regulation 40(9) Of SEBI (LODR) Regulations, 2015
We are forwarding half yearly compliance certificate from PCS obtained by RTA M/s. Linkintime India Pvt Ltd. for the Half Year ended September 2020, as per Regulation 40(9) of SEBI (LODR) Regulation, 2015. We request you to take a note of the above. PUNJAB & SIND BANK - 533295 - Regulation 7(3) Of SEBI (LODR) Regulations, 2015
We are forwarding compliance certificate for the half year ended September, 2020 certifying maintaining physical & electronic transfer facility as per SEBI (LODR) Regulation, 2015. We request you to take a note of the above. PUNJAB & SIND BANK - 533295 - Statement Of Investor Complaints For The Quarter Ended September 2020
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 - Announcement under Regulation 30 (LODR)-Credit Rating
We hereby inform that CARE has downgraded the rating of the Bonds issued by our Bank on 06.10.2020 as detailed in the annexure. Please refer the press release available on the website of CARE for details of the reasons for downward revision of the rating. We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.