Punjab National Bank (PNB) is planning to hit capital markets in the fourth quarter this fiscal to raise funds to help meet growth needs and regulatory requirements. At the moment, the bank is sufficiently capitalised with the capital adequacy ratio of 14.14 per cent at the end of March 2020.
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.
