![PNB share jumps 8% on nod to sell stake in UTI AMC](https://images.assettype.com/fortuneindia%2F2022-04%2F0fc77b53-ea04-48a7-aae0-c9a7cd5715c7%2FPNB_Bank_05047_copy.jpg?w=300&q=95)
PNB share jumps 8% on nod to sell stake in UTI AMC
Shares of Punjab National Bank hit a 52-week high after the government approved the divestment of its entire stake in UTI Asset Management Company.
Shares of Punjab National Bank hit a 52-week high after the government approved the divestment of its entire stake in UTI Asset Management Company.
The third IPO from India’s mutual fund industry is worth ₹2,160 crore.