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Article: Punjab National Bank to raise Rs.500 crore (Business Capsule)
- Article from:
- The Hindustan Times
- Article date:
- August 25, 2009
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Mumbai, Aug. 25 -- Public sector lender Punjab National Bank Tuesday said it would raise Rs.500 crore through the issue of bonds to meet its capital requirements.
"The bank will be raising Rs.500 crore through PNB Tier I perpetual bonds," it said in a regulatory statement.
The issue of bonds opens Tuesday and will close Aug 28, it added.
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Maruti Suzuki launches new Estilo
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The new model is equipped with a 998 cc, three-cylinder petrol engine. ...