Hot Pursuit     31-Jul-20
PNB to infuse Rs 600 cr in PNB Housing
Punjab National Bank on Friday (31 July) announced that it has decided to infuse upto Rs 600 crore in PNB Housing Finance.
The bank said it will infuse the proposed amount in PNB Housing Finance (PNBHFL) through preferential issue/rights issue etc. subject to regulatory approval as and when PNBHFL decides to raise capital.

Shares of Punjab National Bank were trading 0.47% lower at Rs 31.6. Shares of PNB Housing Finance were trading 1.19% lower at Rs 207.30.

Earlier last week, PNB Housing Finance's consolidated net profit slipped 9.59% to Rs 257.18 crore on 16.17% decline in total revenue from operations to Rs 1,870.06 crore in Q1 June 2020 over Q1 June 2019.

Previous News
  PNB Housing Finance
 ( Results - Analysis 26-Jul-24   08:16 )
  PNB Housing Finance consolidated net profit rises 57.28% in the March 2024 quarter
 ( Results - Announcements 29-Apr-24   16:23 )
  PNB Housing Finance consolidated net profit rises 24.61% in the June 2024 quarter
 ( Results - Announcements 25-Jul-24   15:31 )
  PNB Housing Finance to convene board meeting
 ( Corporate News - 15-Apr-24   14:18 )
  Volumes jump at PNB Housing Finance Ltd counter
 ( Hot Pursuit - 21-Aug-24   11:00 )
  PNB Housing Finance allots 13,189 equity shares under ESOP
 ( Corporate News - 13-Feb-24   19:48 )
  PNB Housing board OKs raising Rs 3,500 cr via NCDs
 ( Hot Pursuit - 25-Nov-23   14:45 )
  PNB Housing Finance Board approves issue of NCDs issue of up to Rs 3500 cr
 ( Corporate News - 24-Nov-23   20:10 )
  PNB Housing Finance jumps 13% in three days
 ( Hot Pursuit - 14-Dec-22   15:19 )
  Volumes jump at CRISIL Ltd counter
 ( Hot Pursuit - 16-Feb-22   14:31 )
  PNB Housing Finance announced appointment of nominee director
 ( Corporate News - 29-Apr-22   20:27 )
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