Who are the top shareholders of the Punjab Natl.Bank?
The top shareholders of Punjab National Bank include the Government of India with a 70.08% stake, Life Insurance Corporation of India at 9.15%, individual investors at 8.55%, mutual funds with 4.71%, and foreign institutional investors holding 5.7%.
The top shareholders of Punjab National Bank are primarily dominated by the Government of India, which holds a significant 70.08% stake through the President of India. Other notable shareholders include the Life Insurance Corporation of India, which holds 9.15%, and individual investors who collectively own 8.55%. Additionally, mutual funds have a presence with 4.71% held across 37 schemes, while foreign institutional investors (FIIs) hold 5.7% through 577 entities.
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