Punjab National Bank (PNB) has received capital funds to the tune of Rs 870 crore from Government of India (GoI) for issue and allotment of 4,42,07,317 equity shares of face value of Rs 2 each at a premium of Rs 194.80 i.e. at a price of Rs. 196.80 per equity share on preferential basis in accordance with Regulation 76(1) of SEBI ICDR Regulations.
Gross non-performing assets (NPAs) increased to 5.97% in the October- December quarter as against 4.96% in the same quarter previous year, while net NPAs stood at 3.82%.
