India: Punjab National Bank raises funding via QIP route

India: Punjab National Bank raises funding via QIP route

Photo: Reuters

Punjab National Bank has raised 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale, the public sector bank said on Saturday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter