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