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PNB STAKE
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...- Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 othersSunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also...
- Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam IndustriesBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...
- Asia Opportunities V sells 3% stake in PNB Housing for Rs 676 croreAt the same time, the Singapore government bought a total of 16,59,784 shares, or 0.64 per cent stake, in the state-owned Punjab National B...
- HSBC Insurance intends to buy PNB stake in Canara HSBC OBC Life Insurance"The bank has received a communication from HSBC Insurance (Asia Pacific) Holdings Ltd (INAH), one of the shareholders of the company, conv...
- PNB apprises board of developments related to PNB Housing Finance-Carlyle dealEarlier this week, PNB Housing Finance held shareholders' meeting for seeking approval for the deal.
- PNB board meeting on Friday; PNB Housing Finance issue may come upAccording to sources, although it is not part of the agenda, the board may discuss the PNB Housing Finance and Carlyle deal amid regulatory...
- Carlyle puts in bid to acquire PNB stake in housing finance businessPE firm which already holds 32.4% in co will gain controlling stake.
- Carlyle bids to buy PNB's 33% stake in PNB Housing FinanceThe bank has again begun the process and floated a fresh expression of interest as the government is pushing state-owned banks to get out o...
- PNB, Carlyle Group to sell at least 51% stake in PNB Housing FinanceTotal income during the year stood at Rs 5,516.96 crore.
- Individual MF plans have small PNB stakes, investors need not worryThese equity-oriented schemes together hold PNB shares worth Rs 3,980 crore.
- LIC increases stake in Punjab National Bank to 14%Post the acquisition of shares, LIC's stake in the bank, which earlier stood at 9.89%, increased by 4.04% to 13.93%.
- PNB to offload 6% in PNB Housing Fin to raise Rs 1,324 crEarlier this month, PNB Managing Director and Chief Executive Officer Sunil Mehta said the bank has a headroom to sell up to 9 per cent sta...
- General Atlantic Partners, Apax Partners mulls buying 49 per cent stake in PNB Housing FinanceGAP and Apax Partners are in talks to buy out 49% stake owned by Destimoney in Punjab National Bank’s housing finance company PNB Housing F...
- PNB gets regulatory approvals for acquiring 30% stake in Metlife India Insurance, company to be re-brandedPunjab National Bank today said it has received all regulatory approvals for acquiring 30 per cent stake in Metlife India Insurance.
- IRDA approves PNB-MetLife Insurance dealInsurance Regulator IRDA has approved the 30 per cent stake purchase by Punjab National Bank (PNB) in MetLife India Insurance Company.
- PNB to finalise life insurance partner by JuneLast year, PNB decided to part ways with it foreign partner in a proposed life insurance joint venture it set up four years ago.
- PNB to decide on fresh foray into insurance business in 2 monthsThe bank has received an expression of interest (EoI) for a strategic partnership in the life insurance and non-life insurance business fro...
- PNB to decide about entry into life insurance in next 3 mthsPunjab National Bank has set up a committee to evaluate the prospects of entering the life insurance business after its earlier attempt to ...
- Crisil downgrades PNB Home's ratingCrisil downgrades PNB Home rating to AA From AA+ after partnering destimoney.
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