PNB never objected to housing finance arm’s deal with Carlyle deal, only asked it to follow SEBI directions: MD CEO

CS Mallikarjuna Rao says the bank will follow whatever directions are issued by the appellate tribunal. In an announcement on May 31, PNBHFL had said that Carlyle Group, its affiliates, existing investors, and Puri’s family investment vehicle will invest up to Rs 4,000 crore in the housing finance firm.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/pnb-never-objected-to-housing-finance-arm’s-dealcarlyle-deal-only-asked-it-to-follow-sebi-directions-mdceo_15371221.html