PNB Exits ISARC (India SME Asset Reconstruction Company Ltd) : Sells Entire Stake for ₹34 Crore in Strategic Divestment Move

Unknown Apr 02, 2026 2 Views

Punjab National Bank (PNB) has finalized the sale of its entire stake in India SME Asset Reconstruction Company Ltd (ISARC), marking a significant step in its ongoing strategy to streamline non-core assets and comply with regulatory norms. The bank will receive ₹340.8 million (₹34.08 crore) from...