Don't want long legal battle, need to focus on biz: PNB Housing chief on Carlyle deal pull-out

Don't want long legal battle, need to focus on biz: PNB Housing chief on Carlyle deal pull-out

Don't want long legal battle, need to focus on biz: PNB Housing chief on Carlyle deal pull-outNov 7, 2021, 03:32 PM IST

Last month, the company said it has decided not to proceed with the Rs 4,000-crore capital infusion deal led by Carlyle as a legal battle will not be in the best interests of the company and its stakeholders.

Finmin to soon start process for appointment of MD, DMDs of Rs 20,000 cr NaBFIDNov 7, 2021, 12:22 PM IST

The MD, DMDs and whole-time directors would not hold office after attaining the age of 65 years and 62 years respectively.

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