PNB raises ₹5,000 crore via QIP to strengthen capital base
WEB2 days ago — 2 Min Read. State-owned Punjab National Bank (PNB) on Friday (September 27) said it has successfully raised ₹5,000 crore through a qualified institutional placement (QIP) of approximately 48.19 crore equity shares. NSE. The shares were issued at a price of ₹103.75 per share, reflecting a 4.96% discount to the floor price of ₹109.16.
Punjab National Bank Raises Rs 5,000 Crore Via QIP; Citigroup, …
WEB2 days ago — Punjab National Bank has raised Rs 5,000 crore through a qualified institutional placement. The fundraise is lower as compared to the bank's initial aim to raise up to Rs 7,500 crore via the QIP route. The country's second-largest state-run lender said its capital raising committee has allotted 48.2 lakh shares to the eligible qualified …
PNB launches QIP to raise up to Rs 5,000 crore at Rs 103.75 per …
WEB6 days ago — The bank's board has set a floor price of Rs 109.16 per share for the sale. State-owned Punjab National Bank (PNB) on Monday launched a qualified institutional placement (QIP) to raise up to Rs 5,000 crore at an indicative price of Rs 103.75 per share. According to bankers, the base deal size is Rs 2,500 crore, with the potential to be …
Punjab National Bank raises Rs 5,000 crore via QIP - Moneycontrol
WEB2 days ago — PSU lender P unjab National Bank on September 27 said it raised Rs 5,000 crore through Qualified Institutions Placement (QIP). In a stock exchange filing, the bank said it allotted 48.2 crore ...
Punjab National Bank News - The Economic Times
WEBPunjab National Bank has launched a qualified institutional placement to raise up to Rs 5,000 crore at an indicative price of Rs 103.75 per share. The base deal size is Rs 2,500 crore, with the option to increase depending on demand.
Punjab National Bank Q3 Results: Net profit jumps three times, …
WEBJan 25, 2024 — Punjab National Bank. Public sector lender Punjab National Bank (PNB) on January 25 reported a net profit of Rs 2,222.8 crore for the December quarter of the financial year (FY) 2023-24, up...
PNB Q2 Results Live Updates: Net profit jumps 327% to - Mint
WEBOct 26, 2023 — Punjab National Bank (PNB), the state-run lender, reported a sharp jump of 327% in its net profit for the second quarter of FY24 led by lower provisions. PNB’s net profit in Q2FY24 surged to...
PNB Q4 Results: PAT grows multifold to Rs 1,159 crore; NII up 30
WEBMay 19, 2023 — State-owned lender Punjab National Bank (PNB) has reported multifold growth in standalone net profit at Rs 1,159 crore during the fourth quarter. The profit rose 477% from Rs 201 crore posted in the year-ago quarter.
PNB Q4 Results: Lender’s profit grows multi-fold to Rs 1158.61 crore
WEBMay 19, 2023 — Public sector lender Punjab National Bank (PNB) on Friday reported that its standalone net profit in the March quarter jumped multi-fold year-on-year (YoY) to Rs 1158.61 crore. The bank’s standalone profit jumped 474.7 per cent in Q4FY23, from Rs 2015.7 crore in the same period last year.
PNB Q1 net profit likely to jump to ₹1,850 crore; NII growth ... - Mint
WEBJul 26, 2023 — For Punjab National Bank, analysts expected the lender to report net profit of around ₹1,850 crore in the first quarter of FY24, registering a sharp growth from ₹308.4 crore in the...
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