![Punjab National Bank Housing Finance gets Approval from SEBI for Shares Punjab National Bank Housing Finance gets Approval from SEBI for Shares](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8fhb2W-klpY-NCwCNQXROA6GjwB5mVjKleOX163W5mULIGL3JUX44bawFomwBrDfUwu8FXX5g5ZYYMqi1E_tzYEZgw7_KDBJCWyGnhLA4f7I1d29Wln25fm4X_IfI6JwCClrzeazHk-3_QlgNfGefjGKUp7z_4K2jQHRsro8DqnYaR8qSsGFfc_cG/w320-h180-rw/2018-09-23.jpg)
- Shareholding of the Punjab national bank as a promoter of the company would go down to 30 percent.
- PNB looked for raising the worth to Rs.4000 crores.
- It entered a deal with joint venture partner Carlyle group.
- The finance firm will use the issue to augmenting its capital base. Shareholding will be at a minimum of 26%.
Question:
Q.1 What is the PNB’s minimum shareholding percentage in PNB Housing finance?a. 30%
b. 20%
c. 26%
d. 22%