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Punjab National Bank informs about company updates

30 Mar 2017 Evaluate

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Punjab National Bank has informed that the Bank raised Rs 250 Crore on 29.03.2017 through Unsecured, Subordinated, fully paid-up, non-convertible, Basel III compliant, perpetual debt instruments (series X) in the nature of debentures for inclusion in additional tier I capital of face value of Rs 10.00 lakhs each (bonds) at a coupon rate of 9.21% payable annually.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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