MoneyWorks4Me

PNB to consider infusion of Rs 5,431 crore by GOI

27 Sep 2018 Evaluate

Punjab National Bank (PNB) is planning to consider infusion of Rs 5,431 crore by Government of India (GOI) by way of preferential issue of equity share. The meeting of Board of Directors of the Bank is scheduled to be held on September 27, 2018 to consider the same.

PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.

Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
View more..