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PNB Housing Finance Limited (PNB Housing) is an Indian housing finance company registered with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in ...
A Punjab National Bank branch in the United Kingdom. PNB Housing Finance Limited [31] (32.52%) PNB MetLife India Insurance Company [31] (32%) Canara HSBC Life Insurance [32] (23%) India SME Asset Reconstruction Co. Ltd. (20.90%) PNB Cards and Services Ltd (100%) PNB Insurance Broking Services Ltd (non functional under winding up)
Piramal Capital and Housing Finance Limited; PNB Housing Finance Limited This page was last edited on 18 July 2019, at 20:08 (UTC). Text is ...
The investors were rattled as news of the arrests broke in Mumbai. The share of the LIC Housing Finance, Central Bank of India, Punjab National Bank, Bank of India as well as other banking and real-estate stock declined. [2] [6] The Union finance ministry initially claimed that the case was a bribery incident, and not a large-scale scam.
At the time, the fall in DHFL stock price was an all year low. This rapid decline in stock price resulted in a loss of investor confidence. [12] [13] On 20 November 2019, the Reserve Bank of India removed the board of directors of the company citing corporate governance failure and the company's defaulted payment obligations. [14]
The company provided housing finance to individuals and corporations for purchase/construction of residential houses. [13] [17] The type of loans offered by company included loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options ...
The Housing and Urban Development Corporation Limited, abbreviated as HUDCO, is an Indian public sector undertaking engaged in housing finance and infrastructure project finance. The Govt Grants Navratna Status to PSU on 18-April-2024.
Satin Creditcare Network Limited is a non-banking finance company (), licensed by the Reserve Bank of India.It was founded in 1990 by Mr. H P Singh. [1] The company's offers financial requirements for excluded households at the bottom of the pyramid.