Punjab National Bank
Economy
Indian govt to inject $14 bn into 20 public sector banks by March-end
India on Wednesday unveiled details of a recapitalisation plan, pledging to inject nearly $14 billion into twenty lenders this fiscal ......
Finance
Punjab National Bank to sell stake in mutual fund JV to Principal Financial
Investment manager Principal Financial Group Inc said on Tuesday it would purchase Indian lender Punjab National Bank’s minority stakes in ......
Finance
Punjab National Bank raises $777 mn via share sale
Punjab National Bank has raised 50 billion rupees ($777 million) from a share sale to institutional investors, sources with direct ......
Finance
Punjab National Bank to sell 6% stake in housing finance arm
India’s second-largest lender by assets Punjab National Bank Ltd will sell 6% stake in its housing finance arm through an ......
Finance
MetLife may take India insurance venture public next fiscal
American insurance major MetLife, Inc., which runs a life insurance business in India via a joint venture with state-run lender ......
Infrastructure
Lenders take control of cash-strapped engineering firm Aster
A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......
General
Court dismisses L&T's petition against Mumbai realty firm
In a setback to AM Naik-led engineering and construction conglomerate Larsen & Toubro Ltd (L&T), the Bombay High Court has ......
General
General Atlantic promotes Shantanu Rastogi as managing director
US-headquartered private equity firm General Atlantic LLC has promoted Shantanu Rastogi as managing director for India and Asia Pacific (excluding ......
General
General Atlantic bets $75 mn more on PNB Housing; mortgage lender up 15% on debut
Private equity firm General Atlantic, which last month came in as an anchor investor in PNB Housing Finance Ltd’s initial ......
General
Carlyle-backed PNB Housing Finance's IPO covered 29 times
The initial share sale of PNB Housing Finance Ltd was covered 29 times at the end of issue on Thursday, ......
