Punjab National Bank disclosed the outcome of its Board of Directors meeting held on July 29, 2026. The meeting commenced at 1:00 PM and concluded at 7:00 PM.

The Board approved the raising of foreign currency funds through the establishment of a Medium-Term Note (MTN) Programme with a maximum limit of USD 1.5 billion. The issuance of bonds under this programme will be executed through PNB IFSC Banking Unit located at GIFT City.

This disclosure was made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The document was signed by Bikramjit Shorn, Company Secretary of Punjab National Bank, from the Bank's Head Office at Plot No. 4, Sector-10, Dwarka, New Delhi-110075.