Search Results for: PNB

PNB-bank-bikaner
By Staff Reporter On Wednesday, December 6th, 2017
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PNB raises Rs 1,315 crore through OFS in PNB Housing Finance

By Accommodation Times Bureau NEW DELHI Through the sale of shares, Punjab National Bank (PNB)  has raised over Rs 1,315 crore in subsidiary firm PNB Housing Finance (PNBHFL) via offer for sale (OFS) route. PNB More...

magicbricks
By Staff Reporter On Tuesday, November 21st, 2017
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PNB Housing Finance partners Magicbricks to e-auction 45 re-possessed properties on November 27

By Accommodation Times Bureau NEW DELHI On November 27 a realty website, Magicbricks.com ties-up with PNB Housing Finance Limited for conducting an e-auction of 45 re-possessed properties. The properties will be More...

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By Staff Reporter On Wednesday, June 14th, 2017
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RBI to reduce risk weight on home loans

By Accommodation Times Bureau Shares of banks and home finance companies exhibited a sudden hike , on June 8 after the RBI’s announcement of the decision to reduce the risk weight on home loans; on June 7 afternoon; More...

homeloan
By Staff Reporter On Friday, March 31st, 2017
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Housing Finance touches lowest rates in last ten years

By Accommodation Times Bureau Banks are flushed with funds and RBI is continuously asking them to lend it to priority sector, which makes them compulsory to lend to retail customers. Last Union Budget also announced More...

PNB Housing
By admin On Monday, November 7th, 2016
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PNB Housing Finance debuts at Rs. 860/share

PNB Housing Finance made strong debut on the bourses at Rs. 860 per share, up 11% over the issue price of Rs 775. The company has raised Rs 3000 crore through the issue. The issue was oversubscribed by 29.55 times. Kotak More...

PNB Housing finance
By admin On Wednesday, November 2nd, 2016
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PNB Housing Finance linkages with PNB remains strong

PNB Housing Finance Limited’s linkages with Punjab National Bank is likely to remain strong even post the initial public offer, says India Ratings and Research. The current rating of PNBHFL reflects Ind-Ra’s More...

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By admin On Friday, October 28th, 2016
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PNB Housing Finance IPO subscribed 29.5 times

The initial public offering (IPO) of PNB Housing Finance was subscribed 29.55 times on Thursday, the final day of the issue. The IPO has received bids for 82,91,97,506 shares as against the total issue size of 2,80,77,500 More...

Punjab-National-Bank-Home-Loan
By admin On Thursday, October 13th, 2016
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PNB bank makes home loans attractive for government staff

By Accommodation Times News Service The bank said it will offer loans to these segments without any processing or upfront fee and no documentation charges will be levied on them To cash in on the 7th Pay Commission More...

homeloan
By admin On Friday, April 15th, 2016
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IFC to invest $38 million in three Housing Finance Companies in India

By Accommodation Times News Services International Finance Corporation (IFC) has announced to invest $38 million in three housing finance companies in India, which offers affordable home loans, as the World Bank’s More...

PNB Housing
By admin On Wednesday, April 6th, 2016
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PNB Housing Finance to fund green housing projects, raised 500 cr from World Bank

By Accommodation Times News Services Punjab National Bank’s home loan arm PNB Housing Finance will now fund green housing projects, the bank has raised funds of Rs 500 crore by issuing bonds to World Bank arm More...

Punjab National Bank to fill gaps in profits with sale and lease of real estate
By admin On Wednesday, February 10th, 2016
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Punjab National Bank to fill gaps in profits with sale and lease of real estate

By Accommodation Times News Service The move comes as higher provisions and an increase in slippages plummeted PNB’s net profit for the December quarter by 94.31 per cent to Rs 51.01 crore as against the same More...

Punjab National Bank
By admin On Saturday, January 30th, 2016
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PNB Housing Finance plans to raise $300 million in foreign debt

By Accommodation Times New Service PNB Housing Finance plans to raise USD 300 million (about Rs 2,000crore) through external commercial borrowing (ECB) to fund affordable housing segment. “We have got approval More...

PNB
By admin On Friday, September 11th, 2015
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PNB launches ‘Festival Season Bonanza’ for home loans

By Accommodation Times News Services As the festival season has begun market sentiments are predicted to ease, season of festive offers has also commenced alongside, Punjab National Bank (PNB), one of the largest More...

PNB
By admin On Tuesday, May 26th, 2015
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PNB waives off processing fees on home loan till 31st Dec

By Accommodation Times News Services Punjab National Bank (PNB) has launched new scheme for home loan borrowers named monsoon bonanza offer, in which the bank is offering full waiver of upfront or processing fees More...

homeloan
By admin On Monday, May 18th, 2015
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Fixed vs. Floating rate of interest for Home Loans

What is the best bet between fixed vs. floating rate of interest charged by housing finance companies. By Dr Sanjay Chaturvedi Accommodation Times News Services Floating rate of interest is most preferred by housing More...








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