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RETAIL DISBURSEMENT PNB
PNB Housing Q1 profit jumps 23% to Rs 534 crore on loan growth, NIM boostPNB Housing Finance posted a 23% YoY rise in Q1 net profit at Rs 534 crore, aided by strong loan growth, improved NIM of 3.74%, and better ...
PNB Housing Finance to increase the share of loans for affordable housing segmentPNB Housing Finance aims to increase its share of the affordable housing segment in overall loan disbursal from 10% to 40% within 3-4 years...
PNB Housing eyes 22 pc growth in fresh loan disbursements this fiscalPNB Housing Finance expects a 22 per cent growth in fresh loan sales this fiscal, according to a top executive. The company, promoted by Pu...
PNB Housing Finance net profit up 48%, asset quality improvesThe company's net profit stood at ₹347 crore during the quarter, up from ₹235 crore a year ago. Net interest income rose 70% year-on-year a...
Will first bring down delinquency in corporate loans before restarting finance: PNB Housing MD & CEO KousgiThe retail segment loan book stood at Rs 52,124 crore, constituting 90 per cent of its overall loan book.The company's gross non-performing...
Domestic housing sector set to grow in next 5 years: PNB Housing FinanceIn FY22, PNB Housing Finance disbursed Rs 11,246 crore loans, reflecting an annual growth of 8 per cent. The housing finance company said i...
PNB Housing Finance finalises rights issue, seeks up to 2,500 crPNB Housing Finance's loan disbursements during the third quarter to December 31, 2021 was 12% lower at Rs 2,828 crore compared to Rs 3,203...
PNB Housing Finance expects to disburse Rs 13,000 crore loan this fiscal: MD and CEO Neeraj VyasDemand from mass housing statement has started picking up post relaxations in coronavirus-induced lockdowns and gradual reopening of econom...
PNB Housing Finance Q1 results: Net profit falls 10% to Rs 257 crore on lower disbursementsThe housing financier, promoted by Punjab National Bank, had reported net profit of Rs 284.5 crore in June quarter of 2019-20.
PNB Housing Finance actively looking to sell down corporate assets and raise focus on mass housing segmentThe company said there are early signs of real estate sector bottoming out after seven years of muted performance. Housing finance business...
Stock pick of the week: PNB Housing's growth is expected to pick up in the coming quartersPNB Housing’s operating expenses fell by 8% y-o-y in the second quarter as a result of cost rationalisation. Besides, the fact that PNB is ...
PNB unlikely to subscribe to fresh equity expansion of its housing subsidiary PNB HousingIt is learnt that the mortgage lender will opt for 'limited preference' route whereby a maximum of five investors can participate. The comp...
PNB Housing shares surge on better than expected Q2 numbersPNB Housing Finance is in the process of raising Rs 2,000 crore equity this year.
PNB Housing Finance shares rally 11% on good show in Sept quarterPNB Housing’s gross NPA ratio stood at 0.84% of total loans as on September against 0.45% a year back.
IPO watch: Retail business, loan growth make PNB housing attractiveThe IPO is attractively priced compared with some of the listed peers since PNBHF currently enjoys strong loan book growth with higher prop...
- PNB registers impressive growth in Kerala
Punjab National Bank (PNB) has recorded an impressive growth of 24 per cent in its total business in Kerala during the previous fiscal endi...
- Banks expect Diwali dhamaka, see disbursals rising by 30%
Disbursements by banks during the festive season is expected to pick up by nearly 30%. In fact, some of the big banks like the State Bank o...