Company Profile

PNB Gilts Limited was established as a wholly-owned subsidiary of Punjab National Bank. A renowned and preferred name in the Indian debt market, it was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company has played a pivotal role in the strengthening of the domestic fixed income markets and is a dominant player, marking its presence with a significantly high market share in the overall trading turnover. The company's primary activities entail supporting government borrowing program via underwriting of government securities issuances and trade in a gamut of fixed income instruments such as Government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments such as certificates of deposits, commercial papers, etc.

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