PNB seeks nod for raising funds

Punjab National Bank has approached Board for Permission to raise Basel III Compliant Debt instrument - Perpetual Additional Tier I Capital bonds to the extent of Rs. 3000 Crores and Tier - II bonds up to Rs. 3000 Crore in its meeting being held today, 27.09.2017.

Shares of PUNJAB NATIONAL BANK was last trading in BSE at Rs.132.8 as compared to the previous close of Rs. 136.95. The total number of shares traded during the day was 498224 in over 2512 trades.

The stock hit an intraday high of Rs. 138.15 and intraday low of 132.3. The net turnover during the day was Rs. 67062698.

Source : Equity Bulls

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