An extraordinary assembly of the financial institution’s shareholders is scheduled to happen on 25 March 2021.
The authorities had acquired approval from Parliament in September 2020 for further capital of Rs 20,000 crore to infuse further capital into public sector banks. Out of this, a capital of Rs 5,500 crore is to be poured into Punjab and Sindh Bank.
- Last Updated:February 23, 2021, 9:25 PM IS
New Delhi. Punjab And Sindh Bank (Punjab and Sindh financial institution) The subsequent Month Government To Bank in 5,500 Crore Rupees Of Finance Insert Of Change in Preference share Ongoing Will do. Tuesday Bank has Regulatory data in this Information Given is. Which states that Bank Of Shareholders Of One Extraordinary The assembly 25 March 2021 To To be is. This assembly in Government To 5,500 Crore Rupees until Of Equity Shares Of Preference base On Allotment To With concept did will go. Bank has mentioned is That this The assembly Video Conferencing And The similar sort Of different Mediums Of Via Will be
I do know that the federal government has Public Area Of Banks in Apart from Finance Insert Of For September in Parliament From Supplement Grant The calls for Of Under 20,000 Crore Rupees Of Finance Of For Clearance get Of was. in this From 5,500 Crore Rupees Of Finance Punjab And Sindh Bank in department Jani is. the rest Amount To Existing Quarter Of During Various Banks in Investment did Will go.
What is the choice share
Preference Share in english ‘Preference share Too Say is. Whom somebody firm Ours Select Investors And Promoters To Ongoing Does is Preference or Preference share Keep The ones Investors Equity share Holder From Excess Safe Occur Huh. his The cause is That If ever firm Bankrupt Having Of The ledge On Ho so this sort Of Shareholders To Normal Equity Shareholders Of Compared Finance Of cost in Preference Given Caste is. firm To If somebody Benefit Would is so That Benefit On Too from all first These Shareholders Of Right Be made is. These Dividend or Dividend To give Of later that The cash Survives is, that different class Of Shareholders in Distributed go is.