Punjab and Sind Bank to raise INR 1,000 crore

Punjab and Sind Bank to raise INR 1,000 crore

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Punjab and Sind Bank stated that it has approved raising of equity capital aggregating up to Rs. 1000 crore through Public Issue (Follow on Public Offer) / Right Issue / Qualified Institutional Placement(s) / Preferential Issue or any other mode or a combination(s) thereof in one or more tranches up to 31.03.2019.