PNB Gilts raises Rs 200 crore through Commercial Paper
27th Nov 2021

PNB Gilts has raised Rs 200 crore through Commercial Paper on November 26, 2021. The date of maturity will be December 28, 2021 with tenure of instrument is 32 days. The aggregate amount of commercial paper (including this issue) outstanding as on date is Rs 200 crore.

PNB Gilts a renowned and preferred name in the Indian debt market was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company is also a subsidiary of one of the largest Indian commercial banks, Punjab National Bank.