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PNB Gilts redeems Commercial Paper of Rs 100 crore

26 Sep 2020 Evaluate

PNB Gilts has redeemed Commercial Paper (CPs) of Rs 100 crore on September 25, 2020. The said CPs were allotted on July 23, 2020.

PNB Gilts a renowned and preferred name in the Indian debt market was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company is also a subsidiary of one of the largest Indian commercial banks, Punjab National Bank.

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