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PNB gets govt's nod to sell its stake in UTI Asset Management
short by Ambarish Awale / on 24 Nov 2022,Thursday
Punjab National Bank has received the central government's approval to sell its stake in UTI Asset Management Company in one or multiple tranches. The bank currently holds a 15.22% stake in the company, according to the bank's exchange filing. PNB will sell a portion of its stake or the entirety of it to realise gains from its investment.
short by Ambarish Awale / 11:26 pm on 24 Nov
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