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PNB plans to raise Rs 13,000 crore through stake sale
Beeps By www.gobeyondpink.com | Nov 30 -0001

After being hit by Nirav Modi fraud, Punjab National Bank is now looking to raise Rs 13,000 crore through stake sale in subsidiaries and recovery of bad loans by September end. The bank is planning to sell stake in its arm PNB Housing Finance where it holds 39.08 per cent. It also has plans to sell its property at Bhikaji Cama Place in New Delhi.

Related link: http://gobeyondpink.com/beepsdetail/public-banks-go-for-2-days-strike-from-today/6

 

Beeps By www.gobeyondpink.com

Beep Details at www.financialexpress.com


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