 "pnb housing")
Competition Commission has given its nod for the proposed investments by Carlyle Group and other investors in PNB Housing Finance Ltd.
Under the deal, Pluto Investments S.a.r.l. and Salisbury Investments Pvt Ltd would acquire an equity stake in PNB Housing Finance, where state-owned Punjab National Bank holds a little over 32 per cent stake.
The transaction has been approved by the Competition Commission of India (CCI) under the Green Channel, an official release said on Wednesday.
Green Channel is an automatic approval system wherein a combination is deemed to have been approved by the regulator upon the filing of the
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