General Atlantic plans to sell a 5.1% stake in PNB Housing Finance through the open market on Wednesday at a floor price of Rs 775 per share, intending to raise Rs 1,033 crore. This transaction is set at a 4.4% discount to Tuesday’s closing price.
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an
PNB Housing Finance shares have seen significant gains this year. The company is focusing on affordable and emerging housing segments. This strategic shift aims to
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