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Punjab National Bank gets nod to sell partial stake in PNB Housing

03 Nov 2017 Evaluate

Punjab National Bank (PNB) has received its board’s approval to sell partial stake in PNB Housing Finance and approved to offload entire stake in Principal PNB Asset Management Company and Principal Trustee Company. The Bank has received board’s approval for the same at its meeting held on November 2, 2017.

PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.


Peers
Company Name CMP
State Bank Of India 937.60
PNB 115.65
Bank Of Baroda 234.35
Canara Bank 117.40
Union Bank Of India 171.80
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