"Post rights issue, the holding of the bank would come down below 30% but would be higher than 26% so that the bank retains promoter status," chief executive AK Goel said. The state-owned bank currently holds a 32% stake in the housing finance firm.source https://economictimes.indiatimes.com/industry/banking/finance/banking/pnb-gets-rbi-approval-to-invest-500-cr-in-pnb-housing-finance-rights-issue/articleshow/93220355.cms
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