Punjab National Bank raises Rs.1800 crores long term Bonds

Punjab National Bank has raised Rs. 1800 crores Long term bonds for Infrastructure (Project) Finance and Affordable Housing in the nature of debentures at an annual coupon of 8.35% on private placement basis on March 24, 2015 and same will mature on March 24, 2025.

Shares of PUNJAB NATIONAL BANK was last trading in BSE at Rs.147.05 as compared to the previous close of Rs. 148.85. The total number of shares traded during the day was 1000075 in over 17236 trades.

The stock hit an intraday high of Rs. 151 and intraday low of 142.5. The net turnover during the day was Rs. 146153486.

Source : Equity Bulls

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