Fraud hit PNB board to consider ESOP scheme of up to 10 cr shares
A note is being placed to board in its ensuing meeting dated June 15, 2018 regarding ESPS with a proposal for issuance of up to 10 crore equity shares to its employees, the bank said in a regulatory filing.
The government in March 2017 had allowed public sector banks to offer stock options to their employees. Image source: Reuters