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Carlyle to sell entire stake in PNB Housing Finance: Report

11 Jun 2018 Evaluate

Investment firm Carlyle is reportedly planning to sell its entire stake in PNB Housing Finance. The investment firm that initially bought 49% stake in the company in 2015 for Rs 1,600 crore, now owns 33% stake.

PNB Housing Finance is a registered housing finance company with National Housing Bank (NHB). They provide housing loans to individuals and corporate bodies for construction, purchase, repair and up-gradation of houses.

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