Punjab & Sind Bank IPO
Mumbai: Punjab & Sind Bank is entering the capital market with an initial public offering. The bank has received government and Reserve Bank of India clearances for a proposed Rs 100-crore IPO. It will file its offer document with the Securities and Exchange Board of India shortly.

The bank’s chairman and managing director Surinder Singh Kohli said the bank may not raise the entire amount initially. It is yet to finalise the issue price.
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