Page 5 - Pnb Housing Finance

Carlyle deal struck after due diligence, says PNB Housing Finance

Issue price arrived at after valuation by a CA, firm adds

This housing finance company's stock has zoomed over 100% in 6 days

The stock of PNB Housing Finance has zoomed 101 per cent post its announcement that its board approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to Carlyle Group

PNB Housing: Fundamentals need to catch up with the stock now, say analysts

The fact that the capital raising plan was nearly double than what the Street had expected (Rs 1,800 crore) has helped the counter jump a massive 279 per cent from its 52-week low level

PNB Housing Finance must look at cost of funds, rising defaults: Experts

It factored in clarity around the equity fundraise in recent months and continued strong resource-raising ability at competitive rates

PNB Housing surges 44% in 2 days on large capital infusion by Carlyle Group

The announced large equity infusion should significantly improve the confidence of fixed income and equity markets and bring PNB Housing Finance back on the growth path, Morgan Stanley said

Carlyle Group to acquire controlling stake in PNB Housing Finance

Aditya Puri to come on board; Carlyle to appoint chairperson

PNB Housing Fin zooms 20% on board nod to raise Rs 4,000 crore

Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share

PNB HFC raising up to Rs 4,000 cr in equity; Carlyle group among investors

Aditya Puri, former CEO of HDFC Bank will also infuse capital transactions.

PNB HF eyes single digit growth in AUM, 15-16% in disbursement in FY22

The Delhi-based mortgage lender's AUM shrank from Rs 83,346 crore as on March 31, 2020 to Rs 74,470 crore as on March 31, 2021

PNB Housing Finance: Successful fundraise key to sentiment revival

Asset quality issues and pale growth justify the weak valuation

No capital infusion by Punjab National Bank in housing finance subsidiary

PNB Housing Finance Ltd had informed about its plan to raise tier I capital up to Rs 1,800 crore through various modes including QIP, preferential issue of shares or a rights issue

PNB Housing Finance plans tie-ups with banks for co-lending in housing

PNB Housing Finance is looking at forging tie-ups with some banks for co-lending in the housing loan sector

Closely monitoring inventory, asking builders to start selling: PNB Housing

In the last quarter ended September 2020, the number of log-ins for the company improved to 17,063 from just 5,071 in the preceding quarter ended June 2020

PNB Housing Finance set to prune corporate loan book by Rs 1,500 cr

There was a sell down and accelerated pre-payment of Rs 477 crore in the corporate book

PNB Housing Finance Q2 net down 15% at Rs 313 crore; revenue falls 9%

The housing finance company had posted a net profit of Rs 367 crore during the corresponding period of the previous fiscal

Out of the woods? Analysts turn bullish on NBFCs on improved liquidity

Recent steps by the government and the RBI to keep systemic liquidity and rates benign along with direct liquidity to NBFCs facing constraints, in the wake of Covid-19, have helped, analysts say

MARKET WRAP: Indices end flat, Nifty settles at 11,214; Asian Paints up 4%

All that happened in the markets today

Ex-SBI Card head Hardayal Prasad appointed MD of PNB Housing Finance

PNB Housing Finance on Thursday announced appointment of Hardayal Prasad, the former SBI Card head who left the card issuer company last month, as its new managing director and chief executive.

PNB Housing Q1 PBT down 20.4% on sharp dip in NII, lower disbursement

Its net interest margin declined to 2.66% in Q1FY21 from 3.14% in Q1FY20 as it did not securitise part of portfolio in Q1FY21

PNB Housing Fin sees 10% fall in Q1 net profit to Rs 257 cr amid Covid-19

The company's net interest income also slipped 22 per cent to Rs 487.8 crore during April-June, as against Rs 625.5 crore in year-ago period