PSBs get green flag to raise Rs 25,200 cr through equity dilution in FY25

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Of this, Punjab National Bank has raised Rs 5,000 crore with a 3.

The move will help PSBs fund their growth and meet the regulatory requirement of 25 per cent minimum public shareholding (MPS).

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Category: BusinessFinance

Markets: India

Topics: Indian markets Equity markets PSB Public sector banks Indian economy

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-11-27 @ 23:44:25 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 111 words

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