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PNB HOUSING CHIEF
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...- Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...
- Why Rs 1 crore term insurance cover in 2026 may not be enough for many familiesFamilies need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...
- Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, w...
- Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
- PNB Housing Finance shares crash 17% after resignation of MD & CEO, Girish KousgiPNB Housing Finance's share price plummeted after Girish Kousgi, the MD & CEO, resigned to pursue other opportunities, effective October 28...
- PNB Housing to focus on affordable housing segment, co-lending to conserve capital“There is (a) massive opportunity that is going to come up in India on the affordable housing side and loans less than Rs 2 crore.” PNB Hou...
- Punjab National Bank, Home Finance arm at odds over Sebi order regarding Carlyle dealThe board of PNB Housing on May 31 approved placement of 82 million preferential equity shares and 20.5 million share warrants with Pluto I...
- PNB Housing-Carlyle deal in a regulatory fixCarlyle and Salisbury Investments, which are set to be the new promoters of the company, are also expected to support the PNB Housing plans...
- RBI seeks details of Punjab National Bank's capital raising plansPNB’s chief executive SS Mallikarjuna Rao is expecting a positive note from RBI soon. “It’s not that the issue is stalled or there is no co...
- CEO says PNB Housing has capital for six monthsPNB Housing said its capital is good enough for the next six months and it would think of an alternative plan if its promoter Punjab Nation...
- PNB Housing Finance appoints ex-SBI Card head Hardayal Prasad as new MD and CEO"Following an extensive executive search that considered internal and external candidates, its board of directors has appointed Hardayal Pr...
- PNB Housing appoints Neeraj Vyas as interim MD&CEOThe company's board took the decision based on the recommendations of Nomination & Remuneration Committee, and is further subject to the ap...
- PNB Housing bucks trend, trusts tech to boost efficiencyPNB Housing is creating new software solutions for its wholesale loans business, specifically to make sure that disbursement of loans and m...
- PNB shelves plan to sell housing finance unitPNB's holding in PNB Housing is set to fall to around 27.5% from the current 32.43% when the later issues fresh shares to raise about Rs 15...
- PNB Housing raises Rs 2,500 crore by issuing bonds to LICPNB Housing so far mobilised nearly Rs 27,000 crore through long-term sources.
- Carlyle puts in bid to acquire PNB stake in housing finance businessPE firm which already holds 32.4% in co will gain controlling stake.
- Carlyle bids to buy PNB's 33% stake in PNB Housing FinanceThe bank has again begun the process and floated a fresh expression of interest as the government is pushing state-owned banks to get out o...
- PNB Housing rises 4%; PNB can’t sell stake in HFC as yetAt 10:00 am, shares of the company were trading at Rs 1,128 apiece on BSE, up 2.19 per cent.
- PNB to offload 6% in PNB Housing Fin to raise Rs 1,324 crEarlier this month, PNB Managing Director and Chief Executive Officer Sunil Mehta said the bank has a headroom to sell up to 9 per cent sta...
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