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PNB gets nod to divest entire stake in ISARC

01 Jan 2022 Evaluate

Punjab National Bank (PNB) has received approval from board of directors to divest entire stake in India SME Asset Reconstruction Company (ISARC). ISARC has been incorporated on April 11, 2008 as an Asset Reconstruction Company (ARC). 

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 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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