Punjab National Bank (PNB) is looking to further monetise its stake in UTI Mutual Fund as part of its non-core asset sale plan to shore up its capital base. The bank has categorised non-core assets into two heads -- real estate and investment assets.
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.