New Delhi: State-owned Punjab & Sind Bank on Wednesday raised Rs 3,000 crore from the issuance of maiden infrastructure bonds aimed at expanding infra lending. 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 …
New Delhi, Dec 12 State-owned Punjab & Sind Bank plans to raise ₹3,000 crore from maiden infrastructure bonds this month as part of exercise to raise resources to expand loan book. As against that, the bank proposes to raise ₹3,000 crore in the first tranche," Punjab & Sind Bank Managing Director and CEO Swarup Kumar Saha said. For the second …