Tuesday, February 9, 2021

RBI seeks details of Punjab National Bank's capital raising plans

PNB’s chief executive SS Mallikarjuna Rao is expecting a positive note from RBI soon. “It’s not that the issue is stalled or there is no communication. The regulator was seeking details on the bank’s capital position and capital raising plans,” he said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-seeks-details-of-punjab-national-banks-capital-raising-plans/articleshow/80771168.cms

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