TPG, Baring prone to enter race for PNB Housing Finance

Mumbai: The upcoming public sale for a controlling stake in PNB Housing Finance Ltd has seen curiosity from at the very least two bulge bracket personal fairness funds, TPG Capital and Baring Personal Fairness Asia, three individuals aware of the plans mentioned. The PE funds wish to purchase a 51% stake within the housing finance … Read more

The best way to discover your CIF quantity in State Financial institution of India?

CIF Id is a novel 11-digit quantity with the financial institution. It’s possible you’ll be requested about it from the financial institution in future Buyer Data File (CIF) comprises the precious banking data of an account holder in a digital format. Each file is assigned a novel quantity which pertains to each financial institution buyer. … Read more

SBI internet banking: 5 issues to remember earlier than utilizing instantaneous cash switch

Digital transactions have turn into widespread within the nation up to now few years. Not simply day-to-day transactions, folks desire to ship and obtain larger quantities by way of wire transfers because of the timeliness of the channel. For this, the State Financial institution of India (SBI) presents Immediate Cash Switch (IMT) service to its … Read more

PNB, Carlyle Group to dump 51% stake in PNB Housing Finance

Mumbai: PNB Housing Finance Ltd on Tuesday stated Punjab Nationwide Financial institution and US non-public fairness investor the Carlyle Group are within the means of promoting a minimum of 51% stake within the mortgage lender. “We hereby inform you relating to joint communication obtained right now from Punjab Nationwide Financial institution and High quality Funding Holdings … Read more