Punjab National Bank (PNB) has raised Rs 658 crore through allotment of 658 Basel III Compliant Additional Tier-I Bonds at a coupon of 8.30% p.a. on private placement basis. Issue opened on September 19, 2022.
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.
