Punjab National Bank taps ECM for Rp18bn

Jonathan Breen

May 17, 2021 09:00 AM

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Punjab National Bank has raised Rp18bn ($246.1m) after issuing a block of new shares. The deal drew strong demand from a handful of foreign and domestic financial institutions.

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Equity India Asia Follow-ons and Rights Issues Asia ICICI South Asia AXIS bank Asia Pacific Follow-ons and Rights issues Emerging Markets State Bank of India SBI

JB

Jonathan Breen

Equities editor GlobalCapital Asia