Shubhalakshmi Panse resigns as PNB Housing Finance independent directorShubhalakshmi Panse, who had served as managing director at Allahabad Bank from October 2012-January 2014, was appointed as independent dir...
12 Jan, 2021, 01.24 PM IST
PNB housing finance failed to get any bidder for Vipul Ltd project in GurgaonAs per an estimate by PNB, the market value of the property was Rs 603 but since it was a distressed sale, they reduced the value by 25% in...
27 Aug, 2020, 07.27 PM IST
Gaurs Group raises rs 450 crore to pare debt, complete mallThe group, which is developing projects in Noida, Greater Noida West, Ghaziabad and Yamuna Expressway, has a debt of Rs 2,000 crore of whic...
13 Jan, 2020, 06.50 AM IST
Gaurs Group raises Rs 450 crore to pare debt, complete mall“Of the amount, Rs 325 crore has been used to repay part of Rs 640-crore funding we had availed from Punjab National Bank Housing Finance (...
11 Jan, 2020, 12.08 PM IST
PNB Housing Fin clarifies on rumours about Omaxe group loan exposureIn a regulatory filing to exchanges, PNBHFL said the information about loan exposure to Omaxe group is "with reference to the information f...
11 Dec, 2019, 07.55 PM IST
Stock market update: 98 stocks hit 52-week lows on NSETata Motors, Jindal Steel & Power and PNB Housing Finance touched their 52-week lows.
04 Sep, 2019, 11.31 AM IST
Skill India: CREDAI says will train 13,000 construction workers in 2019-20The real estate and construction sector alone needs 45 million additional skilled workers over the next 10 years, according to CREDAI.
02 Jul, 2019, 09.38 PM IST
In absolute compliance with National Housing Bank directions on home loans: PNB Housing FinanceThe company has been making necessary modifications from time to time in its policy on home loan disbursements linked to the stage of const...
03 Apr, 2019, 05.06 PM IST
India Ratings puts PNB entities under rating watchBoth short-term and long term debt securities have been placed under observation.
17 Feb, 2018, 03.20 PM IST
PNB raises Rs 1,315 crore through stake sale in PNB Housing FinanceThe Bank successfully sold 98,15,860 equity shares of PNBHFL to different investors at above the floor price/cut off price, with gross sale...
05 Dec, 2017, 04.01 PM IST
PNB Housing Finance Q1 net jumps 93% on robust interest incomeThe company's net profit stood at Rs 95.90 crore in April-June quarter of 2016-17.
03 Aug, 2017, 08.02 PM IST
CREDAI members launch 375 affordable housing projectsThese projects will be launched under the purview of the various CREDAI state or city chapters according the guidelines laid down by CREDAI...
09 Apr, 2017, 04.08 PM IST
CREDAI launches first all women masons batch in ChhattisgarhTargeted at boosting gender equality, the move aims at transforming the lives of women who are employed at construction sites.
08 Mar, 2017, 04.27 PM IST
PNB Housing Finance limited signs MOU with CREDAI to train construction workers in West BengalCREDAI-Bengal would also be setting up permanent (off-site) skill development centres in Medinipur and Murshidabad - places with huge conce...
07 Feb, 2017, 05.36 PM IST
CCI gives green signal to Destimoney Enterprises stake saleUnder the proposed deal, Quality Investment would acquire 100 per cent stake in financial services firm Destimoney Enterprises Pvt Ltd -- I...
09 Feb, 2015, 08.06 PM IST
Private equity group Carlyle set to buy out Destimoney from New Silk RouteOnce completed, the transaction, which values Destimoney at about Rs 1200 crore would also mark the US headquartered fund’s first buyout in...
02 Dec, 2014, 08.52 AM IST
New Silk Route gets ready to sell Destimoney for Rs 1200 croreNSR has mandated investment bank Morgan Stanley to sell the privately held company and a formal process is expected to begin shortly.
19 Feb, 2014, 05.18 AM IST