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Punjab National Bank

THE STOCKER TIME
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  • The lender announced the incorporation of PNB Cards & Services Ltd, a wholly owned unit to carry out the bank’s credit card related, non-financial support services, PNB said in a regulatory filing. The company’s authorised capital is ₹25 crore, divided into 250,00,000 shares of ₹10 each and the paid up capital is ₹15 crore.
  • PNB Has incorporated a new credit cards subsidiary called PNB Cards & Services Ltd. 
  • The subsidiary will provide non-financial support services for PNB's credit card business. 


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