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PNB to raise Rs 500 cr through bond issue

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 11:39 PM IST

Public sector lender Punjab National Bank (PNB) today said it would raise Rs 500 crore through issuing bonds.     

The bank will be raising Rs 500 crore through the issue of bonds, PNB said in a statement to the Bombay Stock Exchange (BSE).     

The proposed date of opening of the issue is September 9 and it would close on the same day, it added.     

Shares of PNB were trading at Rs 683.90, up 0.37 per cent in afternoon trade on the BSE.

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