State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official of the bank said. The government of India ...

Punjab & Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement this quarter. The move is expected ...

New Delhi, Jan 19 (PTI) State-owned Punjab and Sind Bank plans to raise ₹2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official of the bank said.

Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement this quarter, reducing government holding by 3-4%. The government currently holds a 98.25% stake.

Punjab & Sind Bank (PSB) plans to, by this month end, roll out a digital MSME loan product upto ₹25 lakh that will be purely cash-flow based, Swarup Kumar Saha, Managing Director & CEO has said.

Last month, the bank secureS Rs 3,000 crore through its first infrastructure bonds designed to enhance infrastructure lending State-owned Punjab and Sind Bank intended to secure Rs 2,000 crore via ...

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State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ...

The Bank was incorporated as The Punjab and Sind Bank Limited on June 24, 1908, with its registered office situated at Hall Bazar, Amritsar, Punjab, India. The Bank is one of the six banks which ...

Punjab & Sind Bank reported a net profit of Rs 282 crore for the December 2024 quarter, marking a significant increase from the previous year, alongside a decline in bad loans. The bank's income also ...