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Government to infuse Rs 1,732 crore in PNB

29 Sep 2015 Evaluate

Punjab National Bank (PNB) has received shareholders’ approval to issue 10.90 crore equity shares to the Government on a preferential basis. The public sector lender will issue these shares of a face value of Rs 2 at a premium of Rs 156.84 per share.

This preferential issue will lead to fund infusion of Rs 1,732 crore into the bank from the central government.

PNB Share Price

110.15 2.25 (2.09%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1095.60
PNB 110.15
Canara Bank 138.10
Bank Of Baroda 270.80
Union Bank Of India 168.70
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