Fri, Oct 27, 2023
PNB Housing: Improvement in asset quality due to increase in collections and settlements... 18% disbursement growth in retail, expected to continue further: Girish Kausgi, MD & CEO, PNB Housing.
More >
Wed, Oct 25, 2023
The equity capital raised by PNB Housing via the rights issue will result in a rating upgrade for the company, the brokerage added.
Mon, Oct 23, 2023
PNB Housing Finance Q2 results: The company's total income rose to Rs 1,779.4 crore in the second quarter of 2023-24 from Rs 1,683.43 crore in the same period of the last financial year, PNB Housing Finance Limited said in a regulatory filing.
Thu, Jul 08, 2021
PNB Housing Finance and its parent Punjab National Bank are on different pages when it comes to the housing finance company's proposed preferential issue worth Rs 4,000 crore to entities led by The Carlyle Group Inc.
The shares of PNB Housing Finance were locked at an upper circuit of 5 per cent to day’s high level of Rs 720.55 per share, as the company mulls restructuring capital infusion deal by Carlyle Group.
Tue, Jul 06, 2021
The Securities Appellate Tribunal (SAT) has adjourned its hearing on the matter of PNB Housing's proposed preferential issue worth Rs 4,000 crore to entities led by The Carlyle Group Inc for July 12, Monday.
Fri, Jun 25, 2021
PNB Housing Finance shareholders have passed with requisite majority the resolutions regarding appointment of Hardayal Prasad as managing director and CEO and re-appointments of others on the company's board.
Wed, Jun 23, 2021
PNB Housing Finance on Wednesday said it will disclose the outcome of shareholders' meeting held a day earlier -- on Rs 4,000 crore capital infusion led by Carlyle Group -- in accordance with the order of the Securities Appellate Tribunal next month.
Mon, Jun 21, 2021
Shares of PNB Housing Finance on Monday dipped 5 per cent after the Sebi restrained the company from going ahead with shareholders' voting on the proposed Rs 4,000 crore-deal with Carlyle group.
Mon, Jun 07, 2021
PNB Housing share price is locked at 5% upper circuit on Monday, June 7. PNB Housing Finance share price today is 881.4, up Rs 42. The market cap of the company is Rs 14830 cr. PNB Housing share price has risen nearly 4.5 times from its 52 week low. PNB Housing Finance Board has approved Capital Raising Proposal of Rs 4000 cr by Carlyle Group. PNB Housing Finance share price has doubled in the past 7 sessions
Wed, Jun 02, 2021
PNB Housing share price is locked at 10% upper circuit today. PNB Housing Finance share price today is Rs 693.8, up Rs 63. The market cap of the company is Rs 11674 cr. PNB Housing share price has risen by 50% in the last 3 sessions. PNB Housing Finance Board has approved Capital Raising Proposal of Rs 4000 cr by Carlyle Group. The stock has continuously moved up after this news came on the exchanges 3 days ago on Monday, 31/5/2021
Tue, Jun 01, 2021
PNB Housing Finance share price: Morgan Stanley said that the announcement of the large equity infusion should significantly improve confidence of fixed income and equity markets and bring PNB Housing Finance back on a growth path. Morgan Stanley believes this capital infusion could materially accelerate the business turnaround they have been writing about. Morgan Stanley discusses proforma impact herein. Morgan Stanley maintains overweight rating on PNB Housing Finance with price target of Rs 600
Mon, May 31, 2021
PNB Housing Finance Board has approved Capital Raising Proposal of Rs 4000 cr by Carlyle Group. The transaction is subject to customary regulatory approvals as well as shareholder approval. Pursuant to the Securities and Exchange Board of India’s Takeover Regulations, the proposed transaction will trigger a mandatory open offer by Pluto Investments, for the purchase of up to 26% equity shares of PNB Housing Finance from public shareholders
Wed, Aug 05, 2020
Neeraj Vyas, MD & CEO, PNB Housing Finance, talks about the strategy that the firm will adopt to mitigate the impact of COVID on its business, liquidity situation, NPA levels, PNB’s plan to invest in the firm and plans related to create a digital platform among others during an interview with Zee Business Executive Editor Swati Khandelwal
Fri, Jun 19, 2020
PNB Housing Finance on Thursday said it has seen a sharp decline in requests for moratorium from its customers, with its asset under management (AUM) under the scheme falling from 56 per cent in the March-May period to 31 per cent as of June 5
Sun, Jun 14, 2020
PNB Housing Finance on Saturday reported a consolidated net loss of Rs 242.1 crore for the fourth quarter of 2020-21, due to higher provisions for Covid-19 among others factors.
Fri, Jan 31, 2020
BSE Sensex soared 121 points at 41,035 levels while the Nifty-50 index scaled 36 points at 12,072 levels. Bank Nifty index shot up 261 points at 30,908 levels.
Kotak Mahindra Bank, ITI FPO, PNB Housing Finance, CPSE ETF and telecom companies are expected to remain newsmakers throughout the intraday trade session today.
Thu, Oct 17, 2019
The BSE Sensex shed 4 points at 38,594 levels while the 50-stock Nifty went down 9 points to 11,454 levels. The Bank Nifty index added 51 points and went up to 28,590 levels.
Thu, Aug 01, 2019
DMart has industry-leading sales per square feet, rising competition in grocery retailing may pressure its margins in our view, Edelweiss said.
Mon, Jul 08, 2019
There are certain stocks that came in news after the market was closed on Friday and can play a role in setting the direction of the indices today.
Mon, Nov 12, 2018
Backflows are responsible for loan growth but our assets under management (AUM) grew by 43 per cent and the loan asset on balance sheet went up by 37 per cent, says Sanjaya Gupta
Wed, Jul 11, 2018
PNB has no option but to recover the nearly Rs 14,356.84 crore scam created by two jewelers Nirav Modi and Mehul Choksi. Hence, a stake sale in profit making PNB Housing is one way to stay afloat in banking system.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
