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Pnb Housing Finance PNB Housing Finance raises $265 million via external commercial borrowings. The non-bank financier raised a total of $465 million (Rs 3,324 crore) through the ECB route during the October-December quarter of the financial year 2018-19.
Interim Dividend & Approval of conversion of Perpetual Non Cumulative Preference Capital of the Bank held by Government of India into Equity Capital.
Private banking firm IDFC Bank announced its merger with financial services provider Capital First last Friday in an all-share transaction.. PNB targets to recover bad loans worth Rs.20,000 crore in FY2020. PNB Housing Finance receives refinance sanction worth Rs.3,500 Cr. from NHB.
PNB Housing Finance (PNBHFL) on Monday said it has received a long-term loan sanction of Rs 3,500 crore refinance facility from National Housing Bank.
#The benchmark rate would be raised through 2019, which will further dampen domestic demand which will in turn lead to low economic growth. #
Ex-senator Robertson pleads guilty, working in oil fields to repay embezzled funds Ex-nature center director told to repay embezzled funds. Kieft apologized and said he is working two part-time jobs to help repay the funds. Kieft, who resigned as director of the Howard Christensen Nature Center in Kent City in August, also was ordered to complete three years of probation and serve for 200 hours on a work crew.
PNB Housing Finance Monday said it has obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October 2018. "The funds will be utilised for the specific sector wise.
PNB Housing Finance Monday said it has obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB) in October 2018. "The funds will be utilized for the specific sector wise disbursements/ end uses as per norms of the respective NHB refinance schemes," PNB Housing Finance said in a regulatory filing.
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India’s largest public sector lender State Bank of India (SBI) is likely to cut its minimum balance requirement to Rs.1,000 in metros for all its savings accounts. This decision might have been the result of public criticism over the profits accumulated by SBI in the last fiscal through minimum balance penalties.
Japan pledges Rs 5,700-crore loan for highways in Northeast With regards to Northeast India, Japan has contributed official development assistance loans for the north east road network connectivity improvement project, and will extend a loan to the tune of Rs 2,239 crore (about USD235.5 million) for the project. It is also involved in initiatives like the Guwahati water supply scheme and the Nagaland.
Employees Stock Option Plan Inter alia, has allotted 29,250 equity shares of Rs. 2/- each fully paid-up at an exercise price of Rs. 333.90/- per share to the grantees upon exercise of stock options.
Stock market on Friday: Amid weakness in the global markets and heavy selling pressure in IT, metals, realty, PSU banks and FMCG sectors, Sensex and Nifty closed Friday’s trade in the negative.
National Housing Bank is a statutory organization set up on July 9, 1988 under the National Housing Bank Act, 1987. NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.