On the same day, the board will also consider unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2022.

PNB Housing Finance is a deposit-accepting housing finance company, with second largest deposits outstanding within housing finance companies. As on 30 September 2022, Punjab National Bank held 32.57% in the company.

The housing finance company's consolidated net profit rose 11.7% to Rs 262.63 crore on 6.1% rise in total income to Rs 1,683.43 crore in Q2 FY23 over Q2 FY22.

Shares of PNB Housing Finance slipped 2.20% to Rs 556.45 on the BSE.