PNB-8.40%-PERPETUAL-PVTPNB-8.40%-PERPETUAL-PVTPNB-8.40%-PERPETUAL-PVT

PNB-8.40%-PERPETUAL-PVT

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Key facts


Issue date
Dec 9, 2021
Outstanding amount
‪20.00 B‬INR
Face value
10,000,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
8.40% (Fixed)
Punjab National Bank operates as a commercial bank. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes the entire investment portfolio and trading in foreign exchange and derivative contracts. The Corporate/Wholesale Banking segment is comprised of the lending activities of borrowers having exposure of 7.50 Crores and above. The Retail Banking segment encompasses borrower accounts having exposure of less than 7.50 Crores. Its products include personal, corporate, international, and capital services. The company was founded by Punjab Keshari Lala Lajpat Rai on April 12, 1895 and is headquartered in New Delhi, India.
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