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The Economic Times

Markets / The Economic Times

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Punjab & Sind, IOB plan Rs 7,000 crore share sale

Indian Overseas Bank and Punjab & Sind Bank are set to raise 4,000 crore and 3,000 crore respectively through qualified institutional placements this quarter. IOB has secured necessary approvals and is appointing merchant bankers, while Punjab & Sind Bank will hold an EGM on January 21 to consider its equity capital raise.

15 Jan 2026 6:29 am