Punjab National Bank has established a USD 1.50 billion Euro Medium Term Note Programme. The bank submitted the offering circular to India International Exchange (IFSC) Limited, marking a key step in its international funding strategy.

The intimation was issued under Regulation 30 of SEBI (LODR) Regulations, 2015. This follows an earlier disclosure dated July 29, 2026. The details are now publicly accessible via the exchange's platform.

Transaction Details

The offering circular is hosted on the India International Exchange website. Investors can access the full documentation there for further due diligence.

Corporate Governance

Bikramjit Shom, Company Secretary, certified the filing. The communication was directed to both the National Stock Exchange of India Limited and BSE Limited.

Punjab National Bank has submitted the detailed profile of Shri Divesh Sehara to stock exchanges. He was appointed as a Government of India Nominee Director on the Board effective September 10, 2026.

The filing was made in compliance with Regulation 30 and Regulation 51 of the SEBI (LODR) Regulations, 2015. It follows the bank’s earlier intimation regarding his nomination.

Director Profile

Shri Divesh Sehara is an Indian Administrative Service (IAS) Officer of the 2005 Batch belonging to the Bihar Cadre. He currently serves as Joint Secretary in the Government of India’s Ministry of Finance, Department of Financial Services.

His tenure as director continues until further orders. The appointment replaces Shri D. Anandan, who ceased to be a director upon this nomination. The Board made the appointment under Section 9(3)(b) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

The bank confirmed there is no inter se relationship between Shri Sehara and other directors. He is not debarred from holding office by any SEBI order or other authority.