The existing brand arrangement dated December 7, 2009 will continue to govern use of PNB trademark until PNB’s shareholding in the housing finance company is 30% or more. Upon PNB’s shareholding falling below 30%, the new agreement dated May 24 will replace the existing agreement, the housing finance company said in a regulatory filing.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/punjab-national-bank-and-pnb-housing-finance-enter-new-brand-agreement/articleshow/82945541.cms
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