Punjab National Bank (PNB) has received an approval for capital infusion of Rs 5431 crore by Government of India (GoI) for preferential allotment of equity shares of Bank. The Board of Directors of the Bank at its meeting held on September 27, 2018, approved 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.
