SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

PNB gets nod for investment of up to Rs 500 crore in rights issue of PNB Housing Finance

08 Jun 2022 Evaluate

Punjab National Bank (PNB) has received an approval for Bank's participation in the proposed Rights Issue of PNB Housing Finance (PNBHFL) for an amount upto Rs 500 Crore, in order to retain Bank's shareholding at 30% or below but above 26%, and to retain its status as Promoter. The Board of Directors has approved the same.

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.

PNB Share Price

107.20 -1.95 (-1.79%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1019.55
PNB 107.20
Canara Bank 134.35
Bank Of Baroda 264.05
Union Bank Of India 166.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×