Punjab National Bank to sell stake in housing finance firm, other units

The Sensex and Nifty, maintained their firm. Housing Finance Ltd (PNBHFL) fell as much as 5.5 per cent to Rs 716.95, their worst intra-day percent loss since April 30. Promoter Punjab National Bank.

Cyber criminals tried to steal passwords of corporate and individual customers of Punjab national bank (pnb) last week, global cyber security firm Websense said. California-based Websense, which provides protection against cyber attacks and data theft, said it was able to block the intrusion, which involved a.

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State Bank of India (SBI), Punjab National. With regard to other non-core asset sale, Mehta said, “whatever we committed, we have done better than that. We have walked the talk. We have already.

The earnings season for the banks drew to a close this week, with state-run lender Punjab National Bank (PNB. requirements this financial year. The bank will also try to sell its stake in its.

Punjab National Bank has raised over Rs 1,315 crore through sale of shares in subsidiary firm PNB Housing Finance through the offer for sale (OFS) route. “The bank successfully sold 98,15,860.

 · A year ago, for example, state-run punjab national bank sold its stake in its shared reserve joint dare to accomplice Principal Financial Group Inc. In December, Dewan housing finance corp chose to sell its stake in the shared store business to its US accomplice Pramerica Financial, Inc.

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New Delhi: State-run Punjab National Bank (PNB) on Friday said it will sell its partial stake in PNB Housing Finance to global private equity firm General Atlantic Group and alternative investment.

At present, the bank holds 39% of the total share with the Housing Finance while other firms including General Atlantic Singapore Fund Fii Pte, a private equity firm, and Government of singapore holds 6.9% and 1.07% shares, respectively, with the mortgage lender. Although, the bank has decided to sell off its stake to the firms, the amount or.

Jammu and Kashmir Bank on Sunday said it proposes to sell its. Inc, Punjab National Bank, Jammu and Kashmir Bank, M Pallonji and Company Pvt Ltd and other private investors. The state-run Punjab.

New Delhi, Feb 5 () Reversing a three-quarter losing streak, state-owned Punjab National Bank. of selling its 32.8 per cent stake in subsidiary PNB Housing Finance to US-based Carlyle Group, he.

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