Punjab & Sind Bank to raise Rs 2,000 cr via QIP this quarter: MD & CEO Swarup Kumar Saha

State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official of the bank said. The bank has already appointed merchant bankers and legal advisers for the proposed QIP, Punjab & Sind Bank managing…