PNB Housing Raises $100 Mn in its First ECB This Fiscal Year
PNB Housing Finance has raised $100 million (Rs 690 crore) from International Finance Corporation (IFC), in its first external commercial borrowing this fiscal. The fund...
Tag : PNB Housing Finance
PNB Housing Finance Raised Rs 1865 Crores Through ECBs
PNB Housing Finance, the home loan arm of Punjab National Bank, in the last week of December has raised US$ 265 million (approximate Rs. 1,865...
PNB Planning To Sell-off Its Assets In Order To Raise Rs. 8600 Crores
Punjab National Bank (PNB), the second largest public sector lender in the country has marked multiple assets, including its housing finance arm, for sale in...
PNB Housing Finance Raises US$ 400 Million Through ECB
PNB Housing Finance, India’s one of the largest mortgage lender has said that it has raised US$ 200 million (about Rs. 1,470 crores) through External...
PNB Housing Finance Profit Up By 50% To Rs. 256 Crores
PNB Housing Finance, one of the largest state-owned mortgage lender in India reported their quarterly financials with a net profit of Rs. 255.80 crores posting...
PNB Housing Finance proposes to raise funds up to Rs.10,000 crore
PNB Housing Finance proposes to raise funds up to Rs.10,000 crore by issuing bonds through public issue. PNB Housing Finance is promoted by Punjab National...
PNB Housing Finance to raise USD 1 billion through ECB
PNB Housing Finance is planning to raise USD 1 billion via external commercial borrowing (ECB) window, for funding business expansion. The company basically offers housing and...
PNB Housing Finance board proposes to consider Rs.8,000 cr debt issue
A subsidiary of Punjab National Bank, PNB Housing Finance is considering a proposal to raise up to Rs.8,000 crore in one or more tranches by issuing...
PNB Housing Finance CFO resigns
PNB Housing Finance, Chief Financial Officer (CFO) Jayesh Jain has stepped down from the company. In a BSE filing, PNB Housing Finance stated, “Jayesh Jain...
PNB Housing Finance ties up with Magicbricks to auction properties
PNB Housing Finance has partnered with Magicbricks, a realty portal for e-auction of re-possessed properties. Prasanna Singh, National Head – Collections, PNB Housing Finance said,...