PNB is selling part of its stake in PNB Housing Finance to global private equity firm General Atlantic Group and investment firm Varde Partners for RS 1,851.60 crore.PNB will sell 10.89 million equity shares each to General Atlantic and Varde Partners at Rs 850 per share, aggregating to Rs 1851.60 crore.PNB is an Indian multinational banking and financial services founded in 1894.