Punjab National Bank announced 8.60% Unsecured, Subordinated, Non-Convertible, Fully Paid-Up, Perpetual, Taxable Bonds, which will qualify as Basel III compliant Addtional Tier I Capital of INR 1 Million each. Issue Size INR 4950 Million. No. of Bonds 4950. Date of allotment is January 22, 2021. Issues opened and Closed on January 21, 2021.