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Latest Articles in PNB Housing Finance

PNB Housing Finance Posts Net Profit Of Rs 127 Cr In Q4; Expenses Down 28 %

Total income during January-March was down at Rs 1,834 crore from Rs 1,952 crore in the same period of 2019-20, PNB Housing Finance said in a regulatory filing.

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PNB Housing Finance, Yes Bank Sign Strategic Co-Lending Pact For Retail Home Loans

PNB Housing and Yes Bank will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers, PNB Housing Finance said in a regulatory filing.

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PNB Housing Finance Dec Qtr Net Profit Nearly Flat At Rs 232cr

Total revenue during October-December fell by 9 per cent to Rs 1,896 crore from Rs 2,075 crore in the year-ago period

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Shubhalakshmi Panse Resigns As PNB Housing Finance Independent Director

Shubhalakshmi Panse, who had served as managing director at Allahabad Bank from October 2012-January 2014, was appointed as independent director of PNB Housing Finance Ltd (PNBHFL) in July 2017.

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‘Demand For Housing Loan To Improve’: Hardayal Prasad, MD, CEO, PNB Housing Finance

Hardayal Prasad, who took charge on Aug 10, 2020 as the Managing Director and CEO, PNB Housing Finance, tells ASHISH SINHA of BW Businessworld how there has been a gradual decline in customers opting for moratorium between June till August. Prasad expects a big uptake in loan disbursement in coming months. Excerpts:

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PNB Housing Finance to raise Rs 1,800 cr equity capital

The company faces a heightened risk of slippages in the wholesale book due to COVID-19 linked lockdown, weak economic activity and its implications on the real estate segment.

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Home Loans Made Easier, Safer With PNB Housing Finance

PNB Housing Finance launches online application and verification platform called Ace that enables customers to upload documents for online verification process. Video-based KYC ensures safe and contactless service for customers, the company said on July 28

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PNB Housing Finance Expects To Disburse Rs 13,000 Cr Loan This Fiscal: Vyas

Demand from mass housing statement has started picking up post relaxations in coronavirus-induced lockdowns and gradual reopening of economy,

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PNB Housing Finance Cuts Retail Lending Rates By 15 bps

This benefit is provided to all its existing retail customers who have availed the loan before February 2020 on floating rates and will provide support and relief to them in the wake of Covid-19 lockdown.

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PNB Housing Finance Signs MoU With IIT Delhi

Aims at protecting frontline warriors from COVID-19 infection risks.

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PNB Housing Finance Signs Mou With IIT Delhi To Develop Reusable PPE Kits

These will then be supplied to notable government hospitals and contribute to the well-being of healthcare workers during the COVID-19 pandemic.

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Crisil Revises Outlook For Bank Borrowings, Ncds, Fixed Deposits Of PNB Housing Finance

The company had debt repayments of Rs 7,249 crore till June against which it has cash and cash equivalents of Rs 6,670 crore and sanctioned and unutilised bank lines and securitisation lines of Rs 6,115 crore.

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PNB Housing Finance CEO Resigns, Search For Successor In Full Swing

First-quarter earnings before interest and taxes (EBIT) was 617 million euros ($669.45 million), down from 2.8 billion euros in the year-earlier period

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PNB Housing Finance Signs Pact With JICA To Raise $75 Million

The country's fourth-largest housing finance company closed the year with healthy assets under management (AUM) of Rs 84,000 crore and deposit mobilisation of Rs 9,200 crore in FY20.

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Crisil Downgrades PNB Housing Finance To AA/FAA Plus With Stable Outlook

Crisil had revised the rating outlook to negative due to concerns over leverage metrics, moderation in capital adequacy ratios and increased vulnerability of asset quality in the wholesale loan portfolio.

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