No error of judgement in PNB Housing Finance deal; future course as per SAT order: PNB MD


No error of judgement in PNB Housing Finance deal; future course as per SAT order: PNB MD

Under the deal announced on May 31, the US-based Carlyle, alongside other investors, is slated to infuse Rs 4,000 crore capital into PNB Housing Finance through the issuance of preference shares and warrants.

With this, IndusInd Bank joins ranks with few other private banks of the country to carry out general banking business on behalf of the central and state government, while also offering customers - the convenience of undertaking routine financial transactions through its banking platform, the bank said in a release.


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