Business

PNB#39;s stake sale in housing finance arm #39;credit positive#39;, to strengthen capital: Moody#39;s

PNB#39;s stake sale in housing finance arm #39;credit positive#39;, to strengthen capital: Moody#39;s The stake sale provided timely support to bank#39;s capitalisation, which has been challenged by high credit costs and investment losses, in addition to the negative effect of fraudulent transactions PNB discovered between February and March 2018.

from Moneycontrol Business News
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