Punjab National Bank (PNB) has successfully sold 98,15,860 equity shares of PNB Housing Finance (PNBHFL) to different investors (Non Retail and retail) at above the floor price /cut off price, with gross sales consideration of Rs 1315.33 crore.
Punjab National Bank 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.