PNB sells stake in PNB Housing Fin for Rs 1,851.60 croreAfter the transaction, PNB will continue to hold a strategic stake of 19.78 per cent in PNB Housing.
29 Mar, 2019, 03.50 PM IST
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...
25 Jan, 2019, 10.29 PM IST
Blackstone only one to make all-cash bid for PNB Housing FinanceThe company is likely to shortlist seven investors in the first round by this weekend.
19 Sep, 2018, 11.29 PM IST
Blackstone makes all-cash offer for PNB Housing Finance“Blackstone is the only bidder to have expressed its intention to pay an all-cash deal to buy out PNB Housing Finance,” said a source close...
19 Sep, 2018, 11.17 AM IST
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...
25 Jun, 2018, 07.14 AM IST
Tata Sons board also discussed bigger stake in PNB-Metlife on Oct 24: Cyrus Mistry's petitionThe board meeting discussed proposal to bid for 70% stake in the insurer in which a key member of Mistry family & a friend of Ratan Tata ow...
22 Dec, 2016, 01.44 AM IST
Two rival PE funds in close contest to wrest control of Rs 1,200 crore DestimoneySpokepersons for New Silk Route, ChrysCapital and GIC did not reply to email queries. A General Atlantic spokesperson didn't offer any comm...
01 Oct, 2014, 08.30 AM IST
Destimoney Valued at Rs 1,200 crore as PE Funds place final bidsChrysCapital-GIC team & General Atlantic in race to acquire New Silk Route’s fin company; deal to help NSR exit with a 3-fold return over s...
01 Oct, 2014, 06.18 AM IST
- Punjab National Bank acquires 30% stake in MetLife India at an undisclosed amount
PNB also announced a marginal rise of 3.4% in its net profit at Rs 1,105 crore in the first quarter of the current financial year.
29 Jul, 2011, 12.48 AM IST
- PNB to acquire up to 33% in MetLife India; stock up
Punjab National Bank is close to buying as much as 33% stake in MetLife India that will boost fee income for the state-run bank and provide...
25 May, 2011, 10.30 AM IST
- Punjab National Bank to acquire up to 33% in MetLife India
PNB may buy 33% stake in MetLife India that will boost fee income for the bank and provide the US insurer with the second-best financial di...
25 May, 2011, 06.53 AM IST
- Punjab National Bank up on insurance foray plans
Punjab National Bank will buy equity stake and enter into a corporate agency tie-up with one of the 10 life insurers it has shortlisted, ac...
04 Mar, 2011, 10.10 AM IST
- PNB will buy stake or plan tie-up for insurance foray
Punjab National Bank will buy equity stake and enter into a corporate agency tie-up with one of the 10 life insurers it has shortlisted, ac...
04 Mar, 2011, 03.23 AM IST
- IRDA cancels PNB Principal Insurance Broking licence
Insurance regulator IRDA today said it has cancelled the licence of PNB Principal Insurance Broking pursuant to their request for surrender.
15 Feb, 2011, 05.22 PM IST
- PNB looks to rope in advisor for entry into insurance biz
Delhi-based Punjab National Bank (PNB) is expected to float a request for proposal (RFP) seeking appointment of a consultant to advise it o...
23 Aug, 2010, 01.44 AM IST
- PNB to pick up partners' 58% stake in life venture
Punjab National Bank will buy out the 58% stake held by two of its partners in a proposed life insurance joint venture, which is still awai...
24 Jun, 2010, 01.46 AM IST
- PNB picks up stake in life venture
Punjab National Bank will buy out the 58 per cent stake held by two of its partners in a proposed life insurance joint venture, which is st...
23 Jun, 2010, 10.30 PM IST