Edition:
United Kingdom

PNB Housing Finance Ltd (PNBH.NS)

PNBH.NS on National Stock Exchange of India

916.40INR
10:29am GMT
Change (% chg)

Rs46.60 (+5.36%)
Prev Close
Rs869.80
Open
Rs876.65
Day's High
Rs922.00
Day's Low
Rs871.20
Volume
252,523
Avg. Vol
264,165
52-wk High
Rs1,440.00
52-wk Low
Rs696.15

Latest Key Developments (Source: Significant Developments)

Punjab National Bank Expects To Bring Down Gross NPA By At Least 200 BPS In Current Qtr - CEO
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Punjab National Bank CEO Sunil Mehta::CEO SAYS AS A STRATEGY, BANK TO FOCUS ON DOMESTIC BUSINESS, SHUN OVERSEAS BUSINESS.CEO SAYS BANK TO RECRUIT ABOUT 4000 TO 5000 EMPLOYEES.CEO SAYS BANK HAS MADE A PROVISION OF 3.31 BILLION RUPEES FOR SLIPPAGE IN IL&FS ACCOUNT.CEO SAYS CURRENT NPA IN MUDRA LOANS IS ABOUT 12 PERCENT, IN SMALL BUSINESS LOANS AROUND 14 PERCENT.CEO SAYS EXTENT OF SHARE SALE IN PNB HOUSING FINANCE TO DEPEND ON BID VALUE;LAST DATE FOR BIDS IS FEB 8.CEO SAYS EXPECT 10 PERCENT LOAN GROWTH IN NEXT FINANCIAL YEAR.CEO SAYS CO EXPECTS AT LEAST 25 PERCENT RECOVERY ON AVERAGE IN INSOLVENCY CASES.EXEC SAYS CO EXPECTS TO BRING DOWN GROSS NPA BY AT LEAST 200 BASIS POINTS IN CURRENT QUARTER.  Full Article

India's PNB Says Independent Stake Sale In PNB Housing Under Process
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Punjab National Bank ::CLARIFIES ON NEWS ITEM ON CARLYLE EYEING CO'S STAKE IN PNB HOUSING FINANCE.THE INDEPENDENT STAKE SALE IN PNB HOUSING BY PUNJAB NATIONAL BANK IS UNDER PROCESS.  Full Article

Carlyle Seeks To Double Holding In Indian Mortgage Lender PNB Housing Finance - Bloomberg
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - :CARLYLE SEEKS TO DOUBLE HOLDING IN INDIAN MORTGAGE LENDER PNB HOUSING FINANCE - BLOOMBERG, CITING SOURCES.  Full Article

India's PNB CEO: Bandhan Bank Is One Of The Bidders For PNB Housing Finance-CNBC TV18
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Bandhan Bank Ltd ::INDIA'S PUNJAB NATIONAL BANK CEO SAYS BANDHAN BANK IS ONE OF THE BIDDERS FOR PNB HOUSING FINANCE - CNBC TV18.INDIA'S PUNJAB NATIONAL BANK CEO SAYS EXPECTS PNB HOUSING SALE TO BE COMPLETED BY END OF Q3 - CNBC TV18.  Full Article

PNB Housing Finance Says Got Communication From PNB, Quality Investment Holdings On Sale Of Minimum 51 Pct Stake In Co
Tuesday, 10 Jul 2018 

July 10 (Reuters) - PNB Housing Finance Ltd ::PNB HOUSING FINANCE GOT COMMUNICATION FROM PUNJAB NATIONAL BANK & QUALITY INVESTMENT HOLDINGS (CARLYLE GROUP) ON SALE OF MINIMUM 51 PERCENT STAKE IN CO.  Full Article

HDFC CEO Says Co Not Looking At Acquiring Controlling Stake In PNB Housing Finance
Friday, 22 Jun 2018 

June 25 (Reuters) - Housing Development Finance Corporation Ltd ::HOUSING DEVELOPMENT FINANCE CORPORATION CEO MISTRY SAYS CO NOT LOOKING AT ACQUIRING ANY CONTROLLING STAKE IN PNB HOUSING FINANCE.  Full Article

India's PNB Housing Finance March Qtr PAT Up 45 Pct
Thursday, 3 May 2018 

May 3 (Reuters) - PNB Housing Finance Ltd ::MARCH QUARTER PROFIT AFTER TAX 2.20 BILLION RUPEES VERSUS 1.52 BILLION RUPEES LAST YEAR.RECOMMENDED DIVIDEND OF 9 RUPEES PER SHARE.MARCH QUARTER REVENUE FROM OPERATIONS 15.70 BILLION RUPEES VERSUS 10.76 BILLION RUPEES LAST YEAR.SAYS AUM AS ON MARCH 31, 2018 WAS 622.52 BILLION RUPEES.  Full Article

PNB Housing Finance CFO Jayesh Jain Resigns
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Pnb Housing Finance Ltd ::SAYS JAYESH JAIN RESIGNS AS CFO‍​.  Full Article

India's PNB Housing Finance Says OFS Of About 1 Bln Shares Of Co
Monday, 27 Nov 2017 

Nov 27 (Reuters) - PNB Housing Finance Ltd ::SAYS ‍TO SELL UP TO ABOUT 1 BILLION SHARES REPRESENTING SIX PERCENT OF TOTAL PAID UP EQUITY SHARE CAPITAL OF CO.FLOOR PRICE OF OFFER AT 1325 RUPEES PER EQUITY SHARE​.  Full Article

PNB Housing Finance approves issue of NCDs up to 60 bln rupees‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - PNB Housing Finance Ltd :Approves issue of NCDs up to 60 billion rupees‍​.Approved issue of rupee denominated bonds (masala bonds) to overseas investors up to $1 billion in one or multiple tranches‍​.  Full Article

Deals of the day-Mergers and acquisitions

Dec 18 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday: