PUNJAB NATIONAL BANK - Banks Stake Sale in India Factoring and Financial Solutions Ltd. (IFFSL) to Fll (FIMBank(Malta)

Punjab National Bank has informed BSE that :<br/><br/>"After regulatory approvals, Bank has sold its entire 30% stake in "India Factoring and Financial Solutions Ltd." (IFFSL) to Fll (FIM Bank (Malta) and realized Rs. 107.83 crore."