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    Question

    Punjab National Bank (PNB) plans to raise upto _________

    in capital through additional tier I bonds (AT1 bonds) and tier II bonds in the next financial year (2023-24 or FY24).
    A Rs.12000 crore Correct Answer Incorrect Answer
    B Rs.14000 crore Correct Answer Incorrect Answer
    C Rs.17000 crore Correct Answer Incorrect Answer
    D Rs.19000 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      Punjab National Bank (PNB) plans to raise upto Rs 12,000 crore in capital through additional tier I bonds (AT1 bonds) and tier II bonds in the next financial year (2023-24 or FY24).     It would raise capital by issuing AT-1 bonds upto Rs 7,000 crore and tier- II Bonds up to Rs 5,000 crore, in one or more tranches.

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