Punjab & Sind Bank to raise Rs 2,000 crore via QIP this quarter: MD & CEO Swarup Kumar Saha
Sunday, 19 January 2025 () Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement this quarter, reducing government holding by 3-4%. The government currently holds a 98.25% stake. This fundraising will boost the capital adequacy ratio by March 2025. The bank's net profit surged to Rs 282 crore in Q3, 2024, as bad loans declined.
In a dramatic turn at the IPL 2025 Mega Auction, Kolkata Knight Riders (KKR) made headlines by re-signing their star all-rounder Venkatesh Iyer for a staggering ₹23.75 crore. Iyer, who had a standout..
The stage is set for the IPL 2025 Mega Auction, where franchises are strategizing to build their squads with a ₹120 crore purse each. Punjab Kings lead the pack with a massive ₹110.5 crore..
Sunday, 19 January 2025 ()
![KKR Break The Bank For Venkatesh Iyer, Buy Him Back For Rs 23.75 Crore At IPL Mega Auction [Video]](https://video.newsserve.net/300/v/20241124/1394300438-KKR-Break-The-Bank-For-Venkatesh-Iyer-Buy.jpg)
![IPL 2025 Auction | Punjab Kings Hold ₹110.5 Cr Edge, Royals Face Tight Purse | Franchises Juggle [Video]](https://video.newsserve.net/300/v/20241124/1394279098-IPL-2025-Auction-Punjab-Kings-Hold-₹110.jpg)
