MoneyWorks4Me

PNB Gilts gets nod to raise up to Rs 500 crore through commercial papers

08 Nov 2017 Evaluate

PNB Gilts has received an approval for raising of funds through issue of commercial papers for an amount not exceeding up to Rs 500 crore, as and when required. The board of directors at their meeting held on November 8, 2017 has approved for the same.

PNB Gilts is a leading primary dealer in the Government Securities Market. The range of product and services offered by the company includes, Treasury Bills, Central Government Dated Securities, State Government Securities, PSU Bonds, Inter-Corporate Deposits, CSGL accounts, Money market instruments, Mutual Fund Distribution and Investment/ trading in Equity and Equity derivatives.

Peers