Page 5 - Pnb Housing Finance Ltd
80% of financial sector IPOs since four years trade below issue price
The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.
 "80% of financial sector IPOs since four years trade below issue price")
PNB Housing Finance clarifies rumours about Omaxe group loan exposure
Besides, the company sanctioned Rs 200 crore for Project Grand Omaxe Lucknow in January 2018.
 "PNB Housing Finance clarifies rumours about Omaxe group loan exposure")
PNB Housing Finance raises Rs 2,500 cr from LIC via NCD, its 2nd this year
The first issuance of NCDs of Rs 500 crore was subscribed by a foreign bank
 "PNB Housing Finance raises Rs 2,500 cr from LIC via NCD, its 2nd this year")
PNB Housing Finance raises Rs 2,500 crore from LIC through bond sale
This issuance is through private placement basis with a door-to-door tenure of 10 years, and the proceeds will be utilised by the company for its normal course of business operations
 "PNB Housing Finance raises Rs 2,500 crore from LIC through bond sale")
Indiabulls Housing Finance, HDFC: Should you stay away from HFCs?
Till Indiabulls Housing Finance does not consolidate at the current levels at least for two months with above average volumes, one should not be optimistic
 "Indiabulls Housing Finance, HDFC: Should you stay away from HFCs?")
India Ratings downgrades PNB Housing Finance's NCDs from 'AAA' to 'AA+'
PNBHFL is among the top-five HFCs in India in terms of assets under management, with about a six per cent market share of housing loans
 "India Ratings downgrades PNB Housing Finance's NCDs from 'AAA' to 'AA+'")