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PNB STAKE IN MF
GAIL, PNB, IREDA among PSU stocks that mutual funds exited before election resultsMutual funds sold shares in several PSU stocks in May ahead of the June 4 outcome with GAIL (India), Punjab National Bank (PNB), Power Fina...
Goldman Sachs offloads stake in PNB Housing Finance via bulk deal; Nippon India MF buysNippon India MF has increased its stake by 0.29% in PNB Housing Finance as Goldman Sachs Mauritius Fund offloaded the same. The shares were...
Top fund houses invest ₹1,380 cr in Bharti Telecom bondsBharti Airtel, Kotak MF, HDFC MF, Axis MF, Aditya Birla Sun Life MF, Nippon India MF, PNB Gilts and Reliance General Insurance did not resp...
UTI MF listing to end Sebi, sponsors’ decade-old tussleThe listing of UTI Mutual Fund (UTI MF) on Monday is set to end the more than a decade-old cold war between markets regulator Sebi on the o...
Truce time at UTI MF as stakeholders patch upThe plea was filed against other stakeholders in the mutual fund -- SBI, PNB, BoB and LIC.
Global investor syndicates in the fray to acquire PNB Housing FinanceThe deal is expected to fetch ₹14,000 crore, two persons close to the developments told ET.
Credit Suisse to help PNB sell 33% in armIts 33 per cent stake in the listed housing finance company is expected to fetch Punjab National Bank (PNB) about Rs 6,600 crore.
PNB Housing soars 14% on reports HDFC and Kotak eyeing a stakeThe listed mortgage lender has a market capitalisation of Rs 20,484 crore.
HDFC, Kotak Bank eye PNB Housing FinancePromoters Punjab National Bank and Carlyle, which together own about 66% of the company, are looking to sell their stake to a large investo...
Carlyle to sell its 33% holding in PNB Housing FinancePNB Housing Finance, which listed in Mumbai in November 2016 after a Rs 3,000-crore initial public offer, has seen its market value almost ...
Carlyle to sell 10% stake in PNB Housing FinanceThe listed mortgage lender has a market capitalisation of Rs 22,242 crore.
Government takes Rs 30,000 crore hit on PSBs in 7 daysThe value of government’s holdings in PSU banks has fallen 10 per cent.
Niravgate: PNB can’t sell housing finance stake just yet“PNB cannot sell the entire stake in the listed mortgage company because of the lock-in until November 7, 2019,” said a source aware of the...
India Ratings puts PNB entities under rating watchBoth short-term and long term debt securities have been placed under observation.
Individual MF plans have small PNB stakes, investors need not worryThese equity-oriented schemes together hold PNB shares worth Rs 3,980 crore.
Sponsors to take a call on UTI MF IPO in April: PNB chief Sunil MehtaIn 2008, UTI Asset Management Co (UTI AMC) deferred its IPO owning to uncertain market conditions.
PNB sells stake in MF business to principalThe state-owned bank has offloaded 21.38 per cent to the US-based financial services group.
LIC in talks with state-run banks for Nomura stake saleLife Insurance Corporation (LIC) has initiated talks with public sector banks to sell the 35 per cent stake held by its Japanese partner No...
- Bank of India acquires 51 per cent stake in Bharti Axa MF
State-run Bank of India (BoI) said it has acquired 51 per cent stake in Bharti Axa Mutual Fund for an undisclosed amount.
- Bank of India likely to re-launch mutual fund business by December
State-run lender Bank of India has decided to advance its proposed re-entry into the mutual fund business by a few months to December.