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PNB shares in focus as board approves raising of Rs 7,500 crore capital in FY25

PNB: The PSU bank said it has issued and allotted Basel Ill Compliant Additional Tier-I Bonds at a coupon of 8.55 per cent per annum, aggregating to Rs 1,153 crore on private placement basis. ....

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PNB shares hit one-year high; lender becomes third PSU to enter Rs 1 lakh crore m-cap club

The PNB stock eventually settled 1.48 per cent higher at Rs 91.24. At this price, turnover on the counter came at Rs 38.61 crore, commanding a market capitalisation (m-cap) of Rs 1,00,464.51 crore. ....

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