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PNB Housing Finance LTD

FIPB ayes six FDI proposals worth a whopping Rs. 551 crore

FIPB ayes six FDI proposals worth a whopping Rs. 551 crore
Six FDI proposals with estimated investments of Rs. 551 crore, including Mauritius-based Destimoney Enterprise’s Rs. 489.99 crore proposal for subscribing to partly paid equity shares of PNB Housing Finance Ltd., have been cleared by FIPB. Amri India Pvt. Ltd.’s Rs. 59.95 crore proposal for a fresh and renewed investment of $ 10 million from its [...] Continue Reading »

Housing Arms may be raised drastically at Punjab National Bank Finance Limited

Housing Arms may be raised drastically at Punjab National Bank Finance Limited
The PNB Housing Finance LTD, after being promoted by the Punjab National Bank and backed by the private equity fund New Silk Route has recently emerged with a new plan that will raise loans by a large chunk of money. The transactions will take place from the International Finance Commission (IFC). The focus of PNB [...] Continue Reading »



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