State-owned Punjab & Sind Bank (PSB) today said it will issue shares up to 5 per cent of the paid-up capital on preferential basis to Life Insurance Corporation (LIC). "The
State-owned lender Punjab & Sind Bank (PSB) today reported 33 per cent dip in net profit at Rs 91. 63 crore for the third quarter ended December 31 2011
State-owned Punjab & Sind Bank has sought Rs 990 crore capital infusion from the government to fund its business growth.
"We have requested the government to infuse additional capital of
State-run Punjab and Sind Bank (PSB) had an impressive listing today, shooting nearly 22 per cent in first trades, even as the lender's management said a new round of capital
State-owned Punjab & Sind Bank (PSB) today said it has raised lending rate by up to 55 basis points making retail products, including housing and auto loans, expensive.
In view
Punjab & Sind Bank, which is going for initial public offer (IPO) in the first half of next month, has said that it is aiming at a net interest margin
Punjab & Sind Bank, the only unlisted state-owned lender, has got market regulator Sebi's approval for its estimated Rs 600-crore initial public offer (IPO) likely to hit markets by November-end.
State-owned Punjab & Sind Bank, which has filed papers for a Rs 600 crore initial public offering (IPO), plans to recruit 1,000 more people this year to meet growth objectives.
Stay informed on our latest news!
