PNB receives capital infusion of Rs 1,247.99 crore from Govt

07 Mar 2013 Evaluate

Punjab National Bank (PNB) had received capital infusion of Rs 1,247.99 crore from the government on March 4 following the allotment of 1.42 crore equity shares of the face value of Rs 10 each at a premium of Rs 863.05 on preferential basis to the government.

This is part of the Rs 12,517 crore capital infusion plan announced by the government in January. Last year, PNB got capital infusion of Rs 1,285 crore. The government infused about Rs 20,117 crore in public sector banks during 2010-11, and Rs 12,000 crore in 2011-12.

PNB Share Price

98.25 -0.35 (-0.35%)
15-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
SBI 754.00
Bank Of Baroda 221.95
Canara Bank 94.70
PNB 98.25
Union Bank Of India 106.05
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.