Punjab & Sind Bank Shares float
What is the Shares float of Punjab & Sind Bank?
The Shares float of Punjab & Sind Bank is 119.545M 2.95%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Finance sector on NSE compared to Punjab & Sind Bank
What does Punjab & Sind Bank do?
Punjab & Sind Bank provides various banking and financial products and services in India. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers deposit products, including saving accounts, current accounts, recurring deposit accounts, and fixed deposits; and loans, such as home, auto, skill education, commercial vehicle, personal, doctor, mortgage, business, gold, and other loans, as well as sukhmoney scheme for senior citizens, and SB OD schemes. It also provides non fund based products, such as letter of credit, LC advising/confirming, bank guarantee, letter of comfort for availing the buyers credit, co-acceptance facility, solvency certificate, and credit report products and services, as well as debt restructuring services. In addition, the company offers locker facility, government schemes, and life and general insurance; digital banking services, including internet and mobile banking, SMS banking, Aadhaar seeding, point of sale, unified payment interface, real time gross settlement, NEFT, ATM/debit cards, and online payment; international banking services comprising NRI schemes, export/import services, forex treasury, and resident facility, as well as products for micro and small enterprises. It operates through 25 zonal offices comprising 1526 branches. Punjab & Sind Bank was incorporated in 1908 and is headquartered in New Delhi, India.
Companies with shares float similar to Punjab & Sind Bank
- BeMetals has Shares float of 119.493M 67.38%
- Beijing Kingsoft Office Software has Shares float of 119.496M Inf%
- ACADIA Pharmaceuticals has Shares float of 119.505M
- FT AlphaDEX Canadian Dividend ETF Comm has Shares float of 119.514M 97.16%
- Salazar Resources has Shares float of 119.517M 80.83%
- Salazar Resources has Shares float of 119.517M 80.83%
- Punjab & Sind Bank has Shares float of 119.545M 2.95%
- Yew Grove REIT PLC has Shares float of 119.566M 95.71%
- Yew Grove REIT plc has Shares float of 119.566M 159.42%
- Ebang International has Shares float of 119.707M 85.99%
- Openpay Ltd has Shares float of 119.738M 51.42%
- Roadman Investments has Shares float of 119.844M 107.38%
- Betsson AB has Shares float of 119.853M