Browsing Tag
PNB
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PNB collaborates with Amul to provide Mudra loans specifically designed for retailers and dealers.
Punjab National Bank (PNB), India's leading public sector bank, has forged a strategic partnership with Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMFL), popularly known as "Amul," to extend small-ticket Mudra loans to Amul's esteemed dealers.
PNB, LIC, SBI, and BoB plan to invite bids for UTI AMC stake, with the Tata Group expected to submit a new bid.
In a significant development, four prominent state-owned financial entities, namely Punjab National Bank (PNB), Life Insurance Corporation of India (LIC), State Bank of India (SBI), and Bank of Baroda (BoB), are reportedly preparing to invite formal bids for the sale of their combined stake in UTI Asset Management Company (AMC).