Punjab & Sind Bk raises ₹3,000 cr from maiden infrastructure bonds
The Free Press Journal - Indore|December 19, 2024
State-owned Punjab & Sind Bank on Wednesday raised Rs 3,000 crore from issuance of maiden infrastructure bonds aimed at expanding infra lending.
PTI

The bank received total bids of Rs 6,031 crore against the base issue size of Rs 500 crore, Punjab & Sind Bank said in a regulatory filing.

Further, it said, the bank has decided to accept bids of Rs 3,000 crore at a coupon rate of 7.74 per cent per annum.

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