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Punjab & Sind Bank shows green signal to Rs 800cr capital infusion by Govt

State-owned Punjab & Sind Bank on Tuesday said the board has approved capital infusion of up to Rs 800 crore by the government. 

By Newsd
Updated on :
Punjab & Sind Bank net profit rises 27 pc to Rs 278 crore in July-September

State-owned Punjab & Sind Bank on Tuesday said the board has approved capital infusion of up to Rs 800 crore by the government.

In a regulatory filing, the authorities said, “The board of directors of the bank has approved the capital infusion up to Rs 800 crore by government by way of preferential issue of equity shares.”

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