Punjab & Sind Bank Submits Corporate Bond/Debenture Database Details
Punjab & Sind Bank has submitted comprehensive information for its corporate bonds/debentures to the SEBI Centralized Database, in compliance with Chapter XIV of the SEBI Operational Circular. The filing details four ISINs (INE608A08017, INE608A08033, INE608A08041, INE608A08058), including their listing dates, quantities, and record dates for interest/redemption. The bank provided current credit ratings, predominantly 'AA Stable' from agencies like CARE, CRISIL, Infomerics, and India Ratings, noting recent upgrades and reaffirmations. Additionally, the submission confirms that interest payments have been made for both Tier II and Infra Bonds, specifying the amounts and payment dates. The bank also reported no history of defaults or delays in servicing any other debt securities.
Key Highlights
- Bank submitted corporate bond/debenture data to SEBI's centralized database.
- Details provided for four ISINs, including listing and record dates.
- Current credit ratings are 'AA Stable' from multiple agencies, with recent upgrades/reaffirmations.
- Interest payments confirmed for Tier II and Infra Bonds, with specific amounts.
- No history of defaults or delays in servicing other debt securities reported.
Price Impact
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