Punjab National Bank
General
Grapevine: KKR eyes over $1-bn roads deal; Kedaara looks to sell Spandana Sphoorty
Private equity major KKR’s roads unit is in discussions to acquire a clutch of road assets from an Indian company ......
Finance
Exclusive: Carlyle tops up bet on Indian firm with over $100-mn cheque
Global private equity firm Carlyle Group has made an additional investment of over $100 million in an Indian company that ......
Finance
Anti-monopoly watchdog okays Carlyle deal to buy stake in PNB Housing Finance
Global private equity major Carlyle’s fundraising deal with PNB Housing Finance (PNBHF) has received deemed approval from the Competition Commission ......
Finance
Punjab National Bank asks arm to reconsider Carlyle deal
PNB Housing, India’s fourth-largest mortgage lender by assets, said that its parent company Punjab National Bank (PNB) has asked it ......
Finance
Punjab National Bank to buy stake in bad bank
Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction Company ......
Finance
Ares SSG picks up 10% stake in housing finance firm
Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up almost 10% in one of India’s largest ......
General
Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva
The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would take over at ......
Finance
Carlyle-backed PNB Housing taps another SBI veteran to be CEO
PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......
Markets
Nifty, Sensex record fourth straight weekly gains
Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases threatened to disrupt an economic recovery, ......
Finance
PNB reports $491 mn Dewan Housing loans as fraud
Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion ......
