The public sector bank board has approved the bank's participation in the proposed rights issue for an amount up to 500 crore in order to retain the bank's shareholding in the mortgage lender at 30% or below but above 26%.source https://economictimes.indiatimes.com/industry/banking/finance/banking/pnb-board-okays-rs-500-crore-infusion-in-pnb-housing-finance/articleshow/92072323.cms
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