Punjab National Bank (PNB) is planning for raising funds through issuance of Basel-III compliant Tier-II Bonds amounting up to Rs 1,000 crore in one or more tranches. The Board of Directors of the Bank at its meeting to be held on February 03, 2020 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.
