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Punjab & Sind Bank receives capital infusion of Rs 787 crore

30 Sep 2019 Evaluate

Punjab & Sind Bank has received an amount of Rs 787 crore from the Government of India in connection with the capital infusion.

Punjab & Sind Bank’s primary business is taking deposits, and making advances and investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services.

Peers
Company Name CMP
State Bank Of India 1004.50
PNB 116.85
Bank Of Baroda 238.00
Canara Bank 124.20
Union Bank Of India 180.80
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