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.
source https://economictimes.indiatimes.com/industry/banking/finance/dont-want-long-legal-battle-need-to-focus-on-biz-pnb-housing-chief-on-carlyle-deal-pull-out/articleshow/87567226.cms
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