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PNB Housing Finance News

PNB Housing Finance

19 Feb 2024

PNB Housing Finance Unveils New FD Interest Rates For Senior Citizens

The special interest rates are applicable on all new and renewed fixed deposits booked until 31st March 2024.

PNB Housing Finance

08 May 2022

PNB Housing Finance increases retail lending reference rate on housing

The increase in the retail lending reference rate will take effect on May 9, 2022. Retail and corporate loans create PNB Housing Finance's asset base. It also offers loans against properties as well as loans for the purchase and construction of non-residential buildings.

PNB Housing Finance

07 Nov 2021

Don't want long legal battle: PNB Housing chief on Carlyle deal pull-out

The deal was earlier finalised on May 31. Soon after, it mired into a controversy. Subsequently, the matter reached the Securities Appellate Tribunal (SAT).

PNB Housing Finance

09 Aug 2021

PNB Housing Finance-SEBI case: SAT delivers split verdict on the matter

The proposed transaction has been contested by Sebi over valuation issues and PNB Housing Finance had moved the tribunal against the regulator's directive passed in June. The two-member bench of Justice Tarun Agarwala and Justice M T Joshi has delivered a split verdict on the matter.

PNB Housing Finance

17 May 2018

PNB Housing Finance more valuable than its parent PNB

The market capitalisation of PNB Housing Finance stood at Rs 21,199.07 crore and that of Punjab National Bank was at Rs 20,842.33 crore.

Punjab National Bank

06 Nov 2017

PNB to raise Rs 5,000 crore; appoints merchant bankers

The work on consolidation would start after recapitalisation as it is going to be a booster for capital adequacy, he added.

03 Aug 2017

PNB Housing Finance Q1 net jumps 93% on robust interest income

PNB Housing Finance on Thursday reported a 93 percent jump in net profit to Rs 184.80 crore for the first quarter of the current fiscal, mainly driven by robust earnings in core business.

PNB Housing Finance

16 Feb 2017

PNB Housing offers EMI step up plan for self-employed loanees

PNB Housing Finance' self-employed customers, who have taken loan of Rs 50 lakh and above, can now opt to pay lower repayments initially and step it up gradually as income increases.

PNB Housing Finance

07 Nov 2016

What a debut! Shares of PNB Housing Finance surge 15% on debut trade

The stock settled at Rs 890.60, reflecting a steep gain of 14.91 percent from the issue price on BSE. During the day, it soared 16.50 percent to Rs 902.95.

PNB Housing Finance

25 Oct 2016

PNB Housing IPO: Receives just 20% subscription on Day 1

The Rs 3,000-crore IPO received bids for 55,72,111 shares against the total issue size of 2,80,77,500 shares, data available with the NSE till 1700 hrs showed.

18 Oct 2016

PNB Housing Finance IPO to hit market on October 25

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

PNB Housing Finance

13 Oct 2016

PNB Housing Finance receives Sebi nod for Rs 2,500-crore IPO

PNB Housing Finance has received capital markets regulator Sebi's go ahead to raise Rs 2,500 crore through an initial public offering.

PNB Housing Finance

24 Jul 2016

PNB Housing Finance readies Rs 2,500-crore IPO, heads to tier 2, 3 cities

PNB Housing Finance, which has set the ball rolling for a Rs 2,500-crore IPO, is looking to take its growth to the next level with a pan-India expansion to meet surging demand from tier-II and tier-III cities, a top company executive said.

06 Apr 2016

PNB Housing raises Rs 500 cr for green residential projects

PNB Housing Finance has raised Rs 500 crore by issuing bonds to World Bank arm IFC for funding its green residential projects.

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