FPIs sell PNB Housing shares worth Rs 843.79 crore in bulk deal

May 30, 2024

As of March 2024, General Atlantic Singapore Fund FII PTE owned 9.82% stake in the company while Asia Opportunities V (Mauritius) owned 9.88% stake in the company. Societe Generale was among the buyers in the deal and bought shares worth ₹94.82 crore.

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The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

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