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PNB

PNB Housing Finance to collect Rs 400 cr from rights

PNB Housing Finance to collect Rs 400 cr from rights
K R Kamath, CMD and Chairman of PNB Housing Finance says that the company is planning to raise Rs 400 Crore from the rights. PNB has 51 percent share in the company while the remaining 49 percent share is held by private equity firm Destimoney. PNB would take share for Rs 204 Crore and the rest [...] Continue Reading »

Home loans are likely to be cheaper

Home loans are likely to be cheaper
Following the Reserve Bank of India’s move to slash policy rates, the leading banks are planning to reduce the home loan rates. Some leading banks have already cut their home loan rates for existing and new customers, while the other banks are in the process of deciding the new rates. Higher home loan rates and [...] Continue Reading »



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