PNB restructuring

NEW DELHI, Jan 2: Tata Consultancy Services TCS,McKinsey and Anderson Consulting are among the five management consultancy firms shortlisted by public sector Punjab National Bank PNB for its proposed restructuring.

quot;The PNB board has shortlisted five firms for the restructuring process after a presentation by eight consultants,quot; PNB general manager P K Gupta.

Apart from the above three, the other firms which have been shortlisted are Boston Consulting and KPMG-Pete Marwick. Final selection of the consultants will be made before the end of the current fiscal year.