Punjab National Bank to raise Rs 3,200 crore from share sale in current quarter
The state-owned bank has raised Rs 3,788.04 crore from QIP in December after which the government s stake in it dropped from 85.59 per cent to 76.87 per cent
BusinessToday.In | February 6, 2021 | Updated 15:53 IST
PNB had taken permission to raise Rs 14,000 crore through a mix of debt and equity
Punjab National Bank (PNB) on Saturday, February 6, said it is planning to raise Rs 3,200 crore from share sale during the current quarter to widen its capital base.
The state-owned bank has raised Rs 3,788.04 crore from QIP (qualified institutional placement) in December after which the government s stake in it dropped from 85.59 per cent to 76.87 per cent.
Robinhood, the U.S. online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has held talks with banks about raising $1 billion in debt so it can continue to fulfill orders for heavily shorted stocks, according to people familiar.
The Paris Club of international creditors said on Monday it had accepted a request from Kenya for debt service suspension from January to the end of June.
Carlyle Commodities Corp.: Carlyle Reports Drill Results at the Mack Project, B.C., Debt Settlement & Property Transfers
CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: 1OZA) (OTC Pink: DLRYF) (
Carlyle or the
Company ) and its partner United Mineral Services Ltd. (
UMS ), a private company owned by Robert Dickinson, report the results of an initial three-hole core drilling program completed between September 14 and September 22, 2020 at their Mack copper-molybdenum-tungsten property (the
Mack Project ) located 23 km west of the village of Dease Lake, B.C., (
B.C. ). Amarc Resources Ltd., an affiliate of Hunter Dickinson Inc. (
HDI ), operated the drill program for Carlyle and UMS. Following the completion of the drill program, Carlyle and UMS will now form a 50:50 joint venture on the Mack Project.