Punjab Sind Bank share price dips 10% on CARE downgrade
The share touched its 52-week high Rs 35 and 52-week low Rs 16 on 09 January, 2019 and 15 October, 2019, respectively.30-12-2019
30-12-2019
Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Credit Rating
We hereby inform that CARE Ratings has revised the rating outlook of our Bank from Stable to Negative as detailed in the attachment. We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.27-12-2019
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 is effective from 16.12.2019 S.No. Tenor MCLR (%) w.e.f. 16.12.2019 1. Overnight MCLR 8.10 2. One month MCLR 8.15 3. Three month MCLR 8.20 4. Six month MCLR 8.35 5. One Year MCLR 8.45 6. Three Year MCLR 8.90 We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.13-12-2019
Punjab & Sind Bank - 533295 - Outcome Of The Meeting Of Board Of Directors Held On 06.12.2019 For Raising Capital: Reporting Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2018
This is in continuation to our letters dated 03.12.2019 regarding intimation of meeting of Board of Directors to revalidate the approval for a further period of twelve months to issue of Equity Shares by way of QIP upto an amount of Rs. 500 crore.We wish to inform that the Board of Directors in its meeting dated 06th December 2019, resolved and approved the following: 1. Raising of equity capital up to an amount of Rs.500 crore through Qualified Institutional Placement(s) in one or more tranches within a period of 12 months i.e, upto 05.12.2020. You are requested to take a note of the above.06-12-2019
Punjab & Sindh Bank looks to raise 500 crore via QIP route
Punjab & Sind Bank on Wednesday reported a net loss of 468.73 crore for the second quarter ended September 30.The provisions and contingencies of Punjab & Sind Bank surged 63.81% to 972.62 crore as compared to 593.73 crore made in the same quarter a year-ago03-12-2019
PUNJAB & SIND BANK - 533295 - Board Meeting Intimation for To Revalidate The Approval For A Further Period Of Twelve Months To Issue Of Equity Shares By Way Of QIP Upto An Amount Of Rs. 500 Crore.
PUNJAB & SIND BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/12/2019 ,inter alia, to consider and approve Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform that a meeting of Board of Directors of Punjab & Sind Bank is scheduled to be held on December 06, 2019 at New Delhi, inter alia, to revalidate the approval for a further period of twelve months to issue of Equity Shares by way of QIP upto an amount of Rs. 500 crore.03-12-2019
Punjab & Sind Bank - 533295 - Announcement under Regulation 30 (LODR)-Allotment
This is to inform that Punjab & Sind Bank has allotted 9,89,93,710 Equity Shares of the face value of Rs. 10/- each at a issue price of Rs.79.50 per Equity Share (including premium of Rs.69.50 per Equity Share) determined in accordance with Regulation 165 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 on preferential basis to the President of India (Govt. of India) on 22.11.2019. The shares carry distinctive Number from 602059387 to 701053096 and shall stand paripassu with existing equity shares of the Bank listed on Stock Exchanges. You are requested to take a note of same.22-11-2019
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 is effective from 16.11.2019 S.No. Tenor MCLR (%) w.e.f. 16.11.2019 1. Overnight MCLR 8.10 2. One month MCLR 8.15 3. Three month MCLR 8.20 4. Six month MCLR 8.35 5. One Year MCLR 8.45 6. Three Year MCLR 8.80 We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.18-11-2019
Punjab & Sind Bank Q2 loss widens to Rs 469 crore on higher provision; asset quality declines
Punjab & Sind Bank Q2 results: The provisions and contingencies rose sharply by 63.81 per cent to Rs 972.62 crore in Q2FY20 as compared to Rs 593.73 crore in the year-ago quarter. The bank's provisions, stood at Rs 334.53 crore in June quarter13-11-2019
PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Reg: Punjab & Sind Bank - Press Release dated 11.11.2019 We are forwarding a copy of Press Release dated 11.11.2019 issued by the Bank on Financial Results of the Bank for the Half Year period / Quarter (Q2) ended 30.09.2019.The same can also be viewed on the website of the Bank i.e, www.psbindia.com13-11-2019