PNB Housing Finance’s ₹2,500 crore rights issue expected to be completed by December: Official

“RBI has given approval for infusion of ₹500 crore in PNB Housing Finance. Post rights issue, the holding of the bank would come down below 30% but would be higher than 26% so that bank retains promoter status,” PNB Managing Director AK Goel said. “RBI has given approval for infusion of ₹500 crore in PNB … Read more