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Asia

J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 crore

Markets-Economic Times · 2h ago · 🇮🇳 India

J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 crore

Jammu and Kashmir Bank has sold a 0.5% stake in PNB MetLife India Insurance to MetLife International Holdings for Rs 120 crore. The transaction reduces the bank’s holding to 2.5% without changing control of the life insurance company.

Read the full story at Markets-Economic Times →

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