Business Description
PNB Gilts Ltd. is a New Delhi-based subsidiary of Punjab National Bank, established in 1996 to buy and sell government bonds and other fixed income products on behalf of a wide range of clients across India. The company helps organizations such as provident funds, rural banks, cooperatives, corporations, and private individuals access debt markets by offering trading, underwriting, and custody services. It also assists clients in raising money through bond issuances and provides access to short-term lending instruments like commercial paper and certificates of deposit.
