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    Question

    What was the purpose behind PNB’s decision to sell its

    entire stake in ISARC?
    A To increase its stake in SIDBI Correct Answer Incorrect Answer
    B To comply with Basel-III norms Correct Answer Incorrect Answer
    C To exit non-core investments Correct Answer Incorrect Answer
    D To raise capital for CSR activities Correct Answer Incorrect Answer
    E To launch a digital bank Correct Answer Incorrect Answer

    Solution

    Punjab National Bank sold its entire stake in ISARC as part of its strategy to streamline its portfolio and exit non-core investments.

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