J&K Bank has sold 2.04 per cent in PNB Metlife Insurance to Oman India Fund — a joint venture between Oman and the Indian government — for Rs 185 crore, valuing the company at Rs 9,000 crore, according to Ashish K Srivastava, CEO of the joint venture insurance company. The stake sale is expected to set a benchmark for the initial public offering of PNB Metlife, in which Punjab National Bank holds 30 per cent stake, MetLife 32 per cent, Elpro International 15 per cent, M Pallonji &am .. Read more at://economictimes.indiatimes.com/articleshow/68842382.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst