The bank has shareholders' approval for raising Rs 14,000 crore, comprising Rs 7,000 crore of the equity alone, from the market to meet COVID-related impact and finance growth, Punjab National Bank (PNB) Managing Director S S Mallikarjuna Rao said in a virtual interaction with reporters.source https://economictimes.indiatimes.com/industry/banking/finance/banking/no-need-to-approach-govt-for-capital-bank-to-raise-funds-from-market-pnb-md/articleshow/77720706.cms
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