in5points
FinanceAsianet Newsable

PNB aims for $3 bn overseas fundraising, mobilises $419 mn so far

in5points
  1. PNB raised $419 million in FCNR(B) deposits.

  2. The bank targets $2.5 billion in FCNR(B) deposits by September 30.

  3. It plans to raise $500 million via overseas bonds.

  4. Total fundraising goal is $3 billion.

  5. Executive Director Amit Kumar Srivastava provided the updates.