PNB Housing Finance Share News - Latest Updates, Live News & More

More news about PNB Housing Finance

PNB Housing Finance sees NIM bottoming out, targets 45% Affordable share by FY27

PNB Housing Finance delivered steady Q1FY27 results with 4% PAT growth and 16% retail loan book expansion. While NIM faced temporary pressure from leverage and accounting changes, management projects margin recovery in H2FY27 driven by yield improvements and a strategic shift towards high-growth Affordable and Emerging Market segments.

05Aug 26

PNB Housing Finance Q1 Results: Conference call audio released

PNB Housing Finance Limited disclosed the audio recording of its Q1FY27 earnings call held on August 05, 2026. The call covered un-audited standalone and consolidated results for the quarter ended June 30, 2026. The release complies with SEBI Regulation 30 and is available on the company's website for stakeholder review.

03Aug 26

PNB Housing Finance appoints Satish Kumar Singh as CBO after Valli Sekar resigns

PNB Housing Finance Limited announced a leadership change in its Affordable Business vertical, accepting the resignation of Chief Business Officer Ms. Valli Sekar effective September 1, 2026. She is succeeded by Mr. Satish Kumar Singh, designated from August 3, 2026, who will oversee both Sales and Collections. The move leverages Mr. Singh's 14+ years of experience within the company to drive growth in the affordable housing segment.

30Jul 26

PNB Housing Finance details TDS rules for ₹8 dividend payout

PNB Housing Finance Limited has outlined TDS procedures for its recommended ₹8 per share final dividend for FY26. Shareholders must submit exemption certificates by August 8, 2026, to avoid standard deduction rates of 10% for residents and 20% for non-residents. The dividend requires approval at the AGM on August 17, 2026.

28Jul 26

PNB Housing Finance schedules Q1 FY27 earnings call for August 5

PNB Housing Finance has scheduled an earnings call for August 5, 2026, at 8:00 AM IST to review its Q1 FY2026-27 financial results. The event follows the disclosure of unaudited standalone and consolidated figures, with management available to address investor queries.

23Jul 26

PNB Housing Finance secures A+ ESG rating, reports 16% loan growth

PNB Housing Finance achieves an 'A+' ESG rating and reports 16% retail loan growth to ₹86,946 crore in FY26. The BRSR, assured by Bureau Veritas, details a ₹8,153 crore affordable housing portfolio, reduced energy intensity, and zero workplace fatalities. The company expanded its branch network to 392 locations, with 80% focused on emerging markets.

23Jul 26

PNB Housing Finance Releases Annual Report 2025-26, Schedules 38th AGM on August 17, 2026

PNB Housing Finance Limited has announced its 38th AGM for August 17, 2026 via VC/OAVM, alongside the release of its Annual Report 2025-26. The company delivered strong FY26 results with PAT growing 18% YoY to ₹2,291 crore, retail loan assets rising 16% to ₹86,946 crore, and Gross NPA falling to a record low of 0.93%. The Board has recommended a dividend of ₹8 per equity share, and the company received credit rating upgrades to AAA from India Ratings and CARE Ratings during the year.

14Jul 26

PNB Housing fixes AGM date, recommends ₹8 dividend

PNB Housing Finance Ltd has fixed August 17, 2026, as the date for its 38th AGM to be held via video conferencing. The Board recommended a dividend of ₹8 per share for FY26, with a record date of July 31, 2026. Additionally, the company appointed two independent directors and proposed raising INR 10,000 Crore via NCDs.

10Jul 26

PNB Housing Finance Board Approves NCD Issuance Worth Up to Rs. 10,000 Crore

PNB Housing Finance's Board of Directors approved the issuance of Non-Convertible Debentures (NCDs) worth up to Rs. 10,000 crore on a private placement basis at its meeting held on July 10, 2026. The proposal, intimated to exchanges on July 06, 2026, was convened under SEBI LODR Regulations, 2015, and will be presented to shareholders for approval at the upcoming Annual General Meeting.

10Jul 26

PNB Housing Finance allots ₹500 crore NCDs at 7.83% coupon

PNB Housing Finance allotted 50,000 secured, rated NCDs worth ₹500 crore on July 09, 2026, via private placement on the NSE. The instruments carry a 7.83% coupon and mature on August 07, 2029, with interest payable annually.

26Jun 26

PNB Housing Finance officials meet investors in Singapore

PNB Housing Finance Limited officials conducted a non-deal roadshow in Singapore on June 25, 2026, meeting with analysts and institutional investors. Key discussions focused on business strategy, margins, asset quality, and future outlook, with no unpublished price sensitive information disclosed.

17Jun 26

PNB Housing promoter PNB reports no encumbrance in FY26

Punjab National Bank, the promoter of PNB Housing Finance, disclosed that it did not create any direct or indirect encumbrance on its shares during the year ended March 31, 2026. The disclosure complies with SEBI regulations and was reported to the company's Audit Committee.

10Jun 26

PNB Housing Finance allots ₹500 crore NCDs at 8.35% coupon

PNB Housing Finance allotted 50,000 secured, rated, taxable, and redeemable NCDs aggregating ₹500 crore on June 09, 2026. The debentures, issued via the NSE EBP platform, carry a coupon rate of 8.35% per annum and mature on June 09, 2031. The instruments are secured by an exclusive charge on specific book debts and listed on the NSE Wholesale Debt Market segment.

06Jun 26

PNB Housing Finance discusses strategy at Citi India Conference 2026

PNB Housing Finance Limited executives met with institutional investors at the Citi India Conference 2026 on June 05, 2026, to discuss business strategy, margins, and asset quality. The company confirmed no unpublished price sensitive information was shared during the meeting.

05Jun 26

PNB Housing executives discuss strategy at Goldman Sachs event

PNB Housing Finance executives, including the MD & CEO and CFO, met with 15 institutional investors at the Goldman Sachs Asia Financials Corporate Day 2026 on June 04, 2026. Discussions focused on business strategy, margins, asset quality, and technology enhancements, with no unpublished price sensitive information disclosed.

04Jun 26

PNB Housing Finance appoints Rahul Jain as Chief Strategy Officer

PNB Housing Finance has appointed Mr. Rahul Jain as Chief Strategy Officer effective June 03, 2026. The appointment is part of the company's strategy to strengthen its senior management and operational framework. Jain brings over 18 years of experience in enterprise risk management, collections, and governance from roles at Tata Capital, Piramal Finance, and Aditya Birla Finance.

03Jun 26

Morgan Stanley Maintains Overweight on PNB Housing Finance, Sets ₹1,250 Target

Morgan Stanley has maintained an Overweight rating on PNB Housing Finance with a target price of ₹1,250, following the company's participation at the Morgan Stanley India Investment Forum 2026. The brokerage expects 18% retail loan growth in FY27, stable spreads despite higher funding costs, NIM steady to slightly lower due to higher leverage, normalised credit costs of 15–20 bps from FY28, and a revised steady-state ROA of 2.3–2.4%.

31May 26

PNB Housing Finance schedules 38th AGM for August 17

PNB Housing Finance will hold its 38th Annual General Meeting on August 17, 2026, via video conferencing. The Board of Directors approved the meeting on May 30, 2026, and the intimation was submitted to exchanges under Regulation 30.

29May 26

PNB Housing Finance Records ₹20.87 Crore Block Trade on NSE at ₹1041.70 Per Share

PNB Housing Finance recorded a block trade on the NSE involving approximately 200,318 shares at ₹1041.70 per share. The total deal value amounted to ₹20.87 crores. Such block trades are generally associated with large institutional transactions executed outside the standard order book. The development highlights notable trading activity in the PNB Housing Finance counter.

27May 26

PNB Housing to meet investors at Goldman Sachs, Citi events

PNB Housing Finance Limited is scheduled to meet analysts and institutional investors during the Goldman Sachs Asia Financials Corporate Day 2026 and the Citi India Conference 2026 on June 4 and 5, 2026. The meetings will be held virtually in Gurugram and physically in Mumbai, where company officials will discuss performance and strategy based on existing investor presentations. The disclosure was signed by Company Secretary Veena G Kamath on May 26, 2026.

20May 26

PNB Housing Finance Registers ₹26.88 Crore Block Trade on NSE

PNB Housing Finance recorded a block trade on the NSE involving approximately 253,193 shares at ₹1061.50 per share. The total value of the transaction stood at ₹26.88 crores. Block trades of this magnitude are typically associated with institutional-level participation and are executed to minimize market impact.

05May 26

PNB Housing Finance Sees ₹21.30 Crore Block Trade on NSE at ₹1050.30 Per Share

PNB Housing Finance recorded a block trade on the NSE valued at ₹21.30 crores, involving approximately 202,805 shares at ₹1050.30 per share. Block trades of this magnitude are typically associated with institutional investors and large market participants. The transaction highlights notable trading activity in the PNB Housing Finance counter on the NSE.

29Apr 26

PNB Housing Finance Issues IEPF Transfer Notice for Unclaimed Dividend Shares

PNB Housing Finance Limited published newspaper advertisements on April 28, 2026, in compliance with SEBI regulations, notifying shareholders about the transfer of unclaimed dividend shares to IEPF Authority. The notice addresses dividend declared for FY 2018-19 on July 29, 2019, with a response deadline of August 10, 2026. The company has launched the 'Saksham Niveshak' campaign from April 01 to July 09, 2026, encouraging shareholders to update KYC details and claim unpaid dividends to prevent IEPF transfer.

22Apr 26

PNB Housing Finance Co MD Confirms 18-20% Retail Loan Growth Target for FY27

PNB Housing Finance's Co Managing Director has officially confirmed the company's ambitious growth targets for FY27, including 18-20% retail loan growth and achieving INR 1 lakh crore loan book. This executive endorsement validates the housing finance company's strategic expansion plans and demonstrates strong leadership commitment to scaling operations in the competitive retail lending market.

22Apr 26

PNB Housing Finance Plans Bigger Corporate Loan Mix, Targeting 11.5%–12% Yields by FY29

PNB Housing Finance has outlined plans to expand its corporate loan portfolio mix while targeting yields of 11.5% to 12% by FY29. This strategic shift represents the company's move toward portfolio diversification and enhanced profitability through corporate lending opportunities. The targeted yield range indicates focus on improving net interest margins and optimizing the overall risk-return profile of its lending business.

22Apr 26

PNB Housing Finance Plans Branch Expansion and Productivity Enhancement Strategy

PNB Housing Finance has announced a comprehensive growth strategy focusing on enhancing current branch productivity while expanding its network. The company plans to add 35 new branches in Q4 FY26, bringing the total to 393 branches. This dual approach aims to drive lending growth through improved operational efficiency and increased market presence.

22Apr 26

PNB Housing Finance Board Approves Q4 FY26 Results, Recommends ₹8 Dividend

PNB Housing Finance reported strong Q4 FY26 performance with net profit rising 19.20% to ₹655.80 crore and revenue growing 7.90% to ₹2,181.53 crore. The company achieved sub-1% GNPA at 0.93%, AUM crossed ₹90,000 crore milestone, and the Board recommended ₹8 per share dividend subject to shareholder approval.

22Apr 26

PNB Housing Finance Independent Director Nilesh Shivji Vikamsey Completes Tenure

PNB Housing Finance Limited announced the completion of Mr. Nilesh Shivji Vikamsey's tenure as Independent Director on April 21, 2026. The Board expressed appreciation for his outstanding service and contributions, particularly as Audit Committee chairperson. The company made the disclosure in compliance with SEBI Listing Regulations, providing all required details to stock exchanges and stakeholders.

21Apr 26

PNB Housing Finance Records ₹28.74 Crore Block Trade on NSE

PNB Housing Finance Ltd. recorded a significant block trade on NSE worth ₹28.74 crores involving 288,720 shares at ₹995.40 per share. The transaction demonstrates institutional investor activity and market interest in the housing finance sector, with block deals typically representing pre-negotiated transactions executed to ensure transparency and regulatory compliance.

21Apr 26

Morgan Stanley Upgrades PNB Housing Finance to Overweight with ₹1,160 Target Price

Morgan Stanley has upgraded PNB Housing Finance to Overweight with a ₹1,160 target price, citing strong operational performance including a 17% PAT beat driven by recoveries. The company demonstrated robust growth with 15% disbursements increase and approximately 16% retail loan growth, while asset quality improved with GNPA decline and 83 basis points credit cost reversal. The investment case is supported by attractive valuations at approximately 1x price-to-book and 8x price-to-earnings ratios, along with recovery in the affordable housing segment.

20Apr 26

PNB Housing Finance Q4: 19% Profit Growth with Improved Asset Quality Metrics

PNB Housing Finance delivered comprehensive Q4 performance with consolidated net profit growing 19.09% to ₹6.55 billion and revenue increasing 7.81% to ₹21.8 billion year-on-year. The company demonstrated improved asset quality management with GNPA ratio declining to 0.93% from 1.04% quarter-on-quarter and NNPA ratio reducing to 0.57% from 0.68% QoQ, reflecting effective risk management alongside strong profitability growth.

16Apr 26

PNB Housing Finance Receives A+ ESG Rating with Score of 79.2 from Resurgent ESG Services

PNB Housing Finance Limited has been awarded an A+ ESG rating with a score of 79.2 by Resurgent ESG Services Private Limited for FY 2025-26. The rating indicates minimal risk and establishes the company as a leader in ESG practices adoption. The comprehensive assessment evaluated the company's environmental and social impact in housing finance operations, along with governance practices, reflecting its commitment to responsible lending and sustainable growth.

14Apr 26

PNB Housing Finance board meet on April 20 for Q4FY26 results, earnings call April 21

PNB Housing Finance Limited has announced a comprehensive schedule for its Q4FY26 financial disclosure, beginning with a board meeting on April 20, 2026 to approve audited results and consider dividend recommendations, followed by an investor earnings call on April 21, 2026. The company has provided extensive participation details including multiple domestic and international dial-in numbers to accommodate global investors, with all proceedings conducted under SEBI regulatory compliance.

13Apr 26

JPMorgan Initiates Overweight Rating on PNB Housing Finance with ₹1,000 Target Price

JPMorgan has initiated an Overweight rating on PNB Housing Finance with a ₹1,000 target price, citing the company's early-stage turnaround potential and expected market share gains. The brokerage expects 8-10% mortgage sector growth and sees the company well-positioned with strong underwriting and distribution advantages. PNB Housing Finance is expected to shift towards higher-yield segments amid intense competition, while JPMorgan noted rich valuations for Bajaj Housing Finance and limited catalysts for LIC Housing Finance.

08Apr 26

PNB Housing Finance Reports Full Dematerialization of Shares for Q4 FY26

PNB Housing Finance Limited filed its Q4 FY26 certificate under SEBI Regulation 74(5), confirming all company shares remain in dematerialized form. The registrar MUFG Intime India Private Limited reported no rematerialization requests during the quarter ended March 31, 2026, indicating complete digital shareholding.

02Apr 26

PNB Housing Finance Discloses NHB Communication on Asset Classification Divergence for FY2022-23

PNB Housing Finance Limited disclosed receiving NHB communication on asset classification divergence for FY2022-23, involving additional NPA of Rs.933.58 crore that brings total gross NPA to Rs.3,204.94 crore. The divergence relates to two corporate loan accounts where interest rate reductions were deemed non-compliant with restructuring guidelines. The company reported no current financial impact and made the disclosure as good governance practice.

01Apr 26

PNB Housing Finance Board Meeting Scheduled for April 20, 2026 to Consider Q4FY26 and FY26 Audited Financial Results

PNB Housing Finance Limited has scheduled a Board of Directors meeting for April 20, 2026, to consider and approve audited financial results for Q4FY26 and FY26 ended March 31, 2026. The meeting will review both standalone and consolidated financial statements. The company has implemented a trading window closure from April 01, 2026, for all designated persons and their immediate relatives, which will continue until 48 hours after the financial results declaration, ensuring compliance with SEBI insider trading regulations.

30Mar 26

PNB Housing Finance Allots ₹300 Crore NCDs with 7.10% Coupon Rate and 3-Year Tenure

PNB Housing Finance successfully raised ₹300 crore through allotment of 30,000 secured redeemable NCDs via NSE private placement. The debentures feature a 7.10% initial coupon rate with floating rate structure linked to 3 Month TBill benchmark plus 187 bps spread, 3-year tenure maturing March 30, 2029, and quarterly interest payments.

20Mar 26

PNB Housing Finance Allots 41,015 Equity Shares Under ESOP Schemes

PNB Housing Finance Limited allotted 41,015 equity shares on March 20, 2026, under three employee benefit schemes - ESOP Scheme 2018, RSU Scheme 2020, and ESOP Scheme 2022. The allotment increased the company's paid-up share capital to INR 2,60,54,95,780 with total shares reaching 26,05,49,578. The company realized INR 61,33,630 from the option exercises and will seek listing approval for the new shares on NSE and BSE.

16Mar 26

PNB Housing Finance Participates in Morgan Stanley India Financials Virtual Investor Group Meeting

PNB Housing Finance Limited's senior management participated in Morgan Stanley India Financials Virtual Investor Group Meeting on March 16, 2026, with 45 institutional investors attending. The session was led by Managing Director & CEO Ajai Kumar Shukla, CFO Vinay Gupta, and National Head Chaitanya Yadav, covering business strategy, margins, asset quality, and future outlook. Prominent participants included Goldman Sachs Asset Management, Franklin Templeton Investments, HDFC Asset Management, and SBI Mutual Fund, with discussions based on publicly available information and no price sensitive data shared.

13Mar 26

PNB Housing Finance Limited Announces Postal Ballot Results with Three Resolutions Passed

PNB Housing Finance Limited announced the successful completion of its postal ballot process on March 13, 2026, with all three ordinary resolutions receiving shareholder approval through the e-voting mechanism. The resolutions included the appointment of Mr. Ajai Kumar Shukla as Managing Director and CEO (99.50% approval), Mr. Dipankar Mahapatra as Nominee Non-Executive Director (87.77% approval), and payment of sitting fee to Mr. Dilip Kumar Jain (99.92% approval). The process was conducted in full compliance with regulatory requirements and scrutinized by M/s Sanjay Grover & Associates.

27Feb 26

PNB Housing Finance Allots ₹305 Crore NCDs with 7.59% Coupon Rate

PNB Housing Finance Limited successfully allotted 30,500 Non-Convertible Debentures worth ₹305 crore on February 27, 2026, through private placement on NSE's Electronic Book Provider platform. The NCDs carry a face value of ₹1,00,000 each with a 7.59% coupon rate and 5-year tenure, maturing on February 27, 2031. The instruments are secured by exclusive charge on specific book debts and will be listed on NSE's Wholesale Debt Market segment, offering investors structured debt investment with annual interest payments and full principal repayment at maturity.

24Feb 26

PNB Housing Finance Participates in IIFL's 17th Enterprising India Global Investors Meeting

PNB Housing Finance Limited participated in IIFL's 17th Enterprising India Global Investors meeting on February 24, 2026, with MD & CEO Ajai Kumar Shukla and CFO Vinay Gupta engaging 29 institutional investors. The discussions covered business strategy, margins, asset quality, and future outlook, with no unpublished price sensitive information shared. The meeting was filed under SEBI Regulation 30 compliance requirements.

11Feb 26

Multiple Listed Companies Announce Q3FY26 Financial Results with Mixed Performance

Multiple Indian listed companies announced Q3FY26 results for the quarter ended December 31, 2025. Credo Brands reported revenue of ₹1,461.34 crores with net profit of ₹70.19 crores. MAN Industries achieved standalone revenue of ₹80,354 lakhs with ₹6,090 lakhs net profit. Route Mobile posted consolidated revenue of ₹1,107.06 crores and profit of ₹102.56 crores, declaring 30% interim dividend. DDEV Plastiks showed strong 17% revenue growth, while ZF Commercial Vehicle Control Systems and Nucleus Software also reported their quarterly performance, reflecting mixed results across sectors.

10Feb 26

PNB Housing Finance Participates in Axis Capital's Advantage India Conference

PNB Housing Finance participated in Axis Capital's Advantage India conference on February 10, 2026, with senior management engaging 16 institutional investors in Mumbai. The discussions covered business strategy, margins, asset quality, and future outlook, with no price sensitive information shared, maintaining full regulatory compliance under SEBI regulations.

10Feb 26

PNB Housing Finance Issues Postal Ballot Notice for Director Appointments and Sitting Fee Approval

PNB Housing Finance Limited has issued a postal ballot notice for three ordinary resolutions including appointment of Mr. Ajai Kumar Shukla as Managing Director & CEO with INR 2,00,00,000 annual fixed pay, Mr. Dipankar Mahapatra as Nominee Non-Executive Director, and approval of Rs. 22,50,000 sitting fee for outgoing director Mr. Dilip Kumar Jain. Remote e-voting is scheduled from February 11-March 12, 2026, with results by March 14, 2026.

02Feb 26

PNB Housing Finance completes Goldman Sachs investor meetings with 13 funds

PNB Housing Finance completed its participation in Goldman Sachs 2026 Asia Financials Corporate Day with 13 institutional investors on February 2, 2026. The virtual meetings were conducted by senior management including MD & CEO Ajai Kumar Shukla, covering business strategy and outlook while maintaining regulatory compliance under SEBI regulations.

22Jan 26

PNB Housing Finance Maintains Retail Book Growth Forecast at 17-18% and NIM Guidance at 3.6-3.7%

PNB Housing Finance has reaffirmed its retail book growth forecast at 17-18% and maintained Net Interest Margin guidance at 3.6-3.7% during a recent conference call. The unchanged guidance reflects management confidence in the company's operational performance and market positioning, providing stakeholders with continued visibility into expected financial metrics.

22Jan 26

PNB Housing Finance Reports ₹237.43 Crore Fraud Case Involving Sarv Realtors

PNB Housing Finance Limited disclosed a ₹237.43 crore fraud case involving M/s. Sarv Realtors Private Limited under SEBI regulations. The fraudulent account was already written-off in FY 2022-23, ensuring no material impact on current financial operations. The company has reported the matter to the National Housing Bank and is pursuing appropriate legal action for recovery.

21Jan 26

PNB Housing Finance Reports Strong Q3 FY26 Results with 7.67% Profit Growth

PNB Housing Finance Limited reported strong Q3 FY26 results with consolidated net profit of ₹520.35 crores, up 7.67% YoY from ₹483.27 crores. Nine-month profit surged 18.01% to ₹1,635.44 crores. Revenue growth was driven by 9.25% increase in interest income to ₹2,019.39 crores. The company maintained healthy asset quality with GNPA at 1.04% and strong operational metrics.

21Jan 26

Motilal Oswal Maintains BUY Rating on PNB Housing Finance with ₹1,250 Target Price

Motilal Oswal maintains BUY rating on PNB Housing Finance with ₹1,250 target price, highlighting resilient performance amid market challenges. The appointment of Mr. Ajai Shukla as MD & CEO is expected to strengthen execution capabilities. The brokerage projects ~19%/15% CAGR in loans/PAT over FY26–28E with RoA/RoE targets of ~2.4%/~13.1% in FY28.

13Jan 26

PNB Housing Finance Limited Board Meeting Scheduled for January 21, 2026 to Consider Q3 FY26 Financial Results

PNB Housing Finance Limited has scheduled a Board of Directors meeting for January 21, 2026, to consider and approve unaudited financial results for Q3 FY26 and nine months ended December 31, 2025. The company has implemented a trading window closure from January 1, 2026, until 48 hours post-results declaration, affecting designated persons and their immediate relatives in compliance with SEBI insider trading regulations.

29Dec 25

PNB Housing Finance Gets Additional ₹5,000 Cr Bank Facilities Rated 'IND AAA'

India Ratings has assigned 'IND AAA'/Stable rating to PNB Housing Finance's additional ₹5,000 crore bank facilities while affirming existing ratings on ₹11,455 crores of debt instruments. The rating reflects expected support from promoter PNB and the company's strong financial performance with 2.76% ROA and 1.04% gross NPAs.

24Dec 25

PNB Housing Finance Grants 2,00,000 ESOPs and 32,508 RSUs to Employees Under Stock Benefit Schemes

PNB Housing Finance approved the grant of 2,00,000 Employee Stock Options (ESOPs) and 32,508 Restricted Stock Units (RSUs) to eligible employees. The ESOPs have an exercise price of ₹932.85 per share, while RSUs are priced at ₹10.00 per share. Both grants follow a vesting schedule with 20% vesting after one year, subject to performance conditions. The schemes aim to attract, reward, and retain talented employees while aligning individual performance with company objectives.

23Dec 25

PNB Housing Finance Faces ₹107.92 Cr Income Tax Demand for AY 2019-20 and 2020-21

PNB Housing Finance received an income tax demand of ₹107.92 crores for assessment years 2019-20 and 2020-21. The order, issued on December 22, 2025, resulted from a search on a third party and disallowed certain revenue expenses and deductions. The company plans to file a rectification application, citing errors in the order. PNB Housing Finance has already appealed against similar disallowances in regular assessment proceedings and does not anticipate any material financial impact.

15Dec 25

PNB Housing Finance Elevates Mukesh Agarwal to Function Head

PNB Housing Finance Limited has announced the elevation of Mukesh Agarwal to Function Head - Chief Sales Officer-Retail, effective December 15, 2025. Agarwal, a Chartered Accountant with 21 years of experience in the finance industry, has been with PNB Housing Finance in various roles, progressing from Senior Manager-Underwriting to his current position. His prior experience includes stints at Standard Chartered Bank, ICICI Bank, and IndusInd Bank.

12Dec 25

PNB Housing Finance Board Approves Ajai Kumar Shukla as MD & CEO for 5-Year Term

PNB Housing Finance has formally appointed Mr. Ajai Kumar Shukla as Managing Director and CEO following board approval on December 12, 2025. The appointment is effective from December 18, 2025, for a five-year term, subject to shareholder approval, bringing his 30+ years of housing finance expertise to lead the company.

29Nov 25

PNB Housing Finance Announces Leadership Change in Internal Audit Function

PNB Housing Finance Limited announces a leadership change in its internal audit function. Ajay Kumar Mohanty, the current Head-Internal Audit & Chief of Internal Vigilance, is retiring on November 29, 2025. Vipin Malhotra, with over 23 years of experience in finance and audit, will take over the role on November 30, 2025. Malhotra, a Chartered Accountant with multiple certifications, previously held key positions at Yes Bank Ltd. and has experience with other major financial institutions. The company's recent financial data shows growth in total assets and equity, with a decrease in investments.

27Nov 25

PNB Housing Finance Secures ICRA AA- Rating, Expands Long-term Bank Facilities

ICRA has reaffirmed its AA- (Stable) rating for PNB Housing Finance Limited (PNBHFL) and extended it to the company's enhanced long-term bank facilities, which have been increased from Rs. 5,000 crore to Rs. 10,000 crore. The rating reflects PNBHFL's established position in mortgage financing, with assets under management of Rs. 83,879 crore. Punjab National Bank's 28% stake in PNBHFL is seen as a source of support. The company's total assets grew by 13.99% year-over-year to Rs. 82,496.50 crore, while total equity increased by 12.73% to Rs. 16,833.70 crore.

17Nov 25

PNB Housing Finance Secures 'IND AAA' Rating Upgrade from India Ratings

India Ratings and Research has upgraded PNB Housing Finance Limited's long-term credit rating to 'IND AAA' from 'IND AA+' with a Stable outlook. The upgrade applies to NCDs worth INR 49.55 billion and bank loan facilities of INR 65 billion. Key factors include expected support from Punjab National Bank, strong market position, improved financial performance with RoA rising to 2.76%, robust capital buffers, and enhanced asset quality with gross NPAs reduced to 1.04%. The company maintains a diversified resource profile with deposits comprising 28% of total funding mix. Future challenges include monitoring the performance of the affordable housing segment and managing liquidity.

05Nov 25

Ajai Shukla Leads Race for PNB Housing Finance CEO Position

PNB Housing Finance is close to appointing a new CEO, with Ajai Shukla, currently Chief Business Officer at Tata Capital Housing Finance, emerging as the frontrunner. The company's board has submitted a shortlist of candidates to the Reserve Bank of India and National Housing Bank for approval. Other contenders include Jatul Anand, Executive Director at PNB Housing Finance, and Sachinder Bhinder, CEO of Aavas Financiers. This leadership transition follows the resignation of Girish Kousgi as Managing Director and CEO, effective October 28. The final appointment is subject to regulatory approvals.

03Nov 25

PNB Housing Finance Narrows CEO Search, Shortlists Four Candidates

PNB Housing Finance has shortlisted four candidates for the positions of Managing Director (MD) and Chief Executive Officer (CEO). This marks a significant step in the company's efforts to strengthen its top management. The selection process is being closely watched by investors and industry observers, as the new leadership is expected to shape the company's strategic direction, navigate sector challenges, ensure regulatory compliance, and drive innovation.

31Oct 25

PNB Housing Finance Reports Robust Q2 FY26 Results with 17% Retail Loan Book Growth

PNB Housing Finance Limited posted robust Q2 FY26 results. Retail loan book grew 17% YoY to ₹79,439.00 crore. Disbursements reached ₹6,000.00 crore, up 20% sequentially. Gross NPA improved to 1.04% from 1.24% last year. Profit after tax increased 24% YoY to ₹582.00 crore. Affordable housing business 'Roshni' saw 121% YoY loan book growth. Net Interest Income rose 14% to ₹765.00 crore. The company maintains 17-18% growth guidance for the fiscal year.

28Oct 25

PNB Housing Finance CEO Girish Kousgi Steps Down, Interim Leadership Appointed

PNB Housing Finance has appointed Executive Director Jatul Anand as interim leader following the resignation of MD and CEO Girish Kousgi, effective October 28, 2025. The company is seeking regulatory approvals for a new MD and CEO. Anand will lead the management team under Board Chairman D Surendran's guidance. Despite the leadership change, the company reported strong quarterly results with a 24% year-on-year profit increase to ₹582.00 crore and improved gross non-performing assets at 1.04%.

28Oct 25

PNB Housing Finance Reports 24% YoY Profit Growth in Q2 FY26, CEO Selection Process Underway

PNB Housing Finance Limited reported a 23.8% year-on-year increase in net profit to ₹582.00 crore for Q2 FY26. Net Interest Income grew by 14.4% YoY to ₹765.00 crore. The company's retail loan asset grew by 17% YoY to ₹79,439.00 crore, with a focus on affordable and emerging market segments. Gross NPA improved to 1.04% from 1.24% a year ago. The company aims for 17-18% loan growth this fiscal year and plans to expand to 250 branches in affordable housing by year-end. A Board-led CEO selection process is underway.

27Oct 25

PNB Housing Finance Sets Ambitious Growth Targets for FY27 Amid Strong Q2 Performance

PNB Housing Finance aims for a ₹1.25 lakh crore loan book and 18% ROE by FY27. Q2 FY26 results show 23.8% YoY net profit growth to ₹582 crore, 17% YoY retail loan asset growth to ₹79,439 crore, and improved GNPA at 1.04%. The company focuses on affordable and emerging markets, growing 34% YoY and now contributing 38% to retail loan assets. ROA improved to 2.73%, with a strong capital adequacy ratio of 29.80%.

27Oct 25

PNB Housing Finance Reports 24% Jump in Net Profit to Rs 582 Crore

PNB Housing Finance has announced strong financial results for the second quarter. The company's net profit increased by 24% year-over-year, reaching Rs 582 crore. Total income grew by 13.40% to Rs 2,131 crore, while interest income rose by 13.30% to Rs 2,017 crore. Net interest income saw a 14% increase to Rs 765 crore. The company's gross NPAs improved to 1.04% from 1.24% in the previous year's corresponding quarter. PNB Housing Finance maintained a robust capital adequacy ratio of 29.80%, with Tier I capital at 29.21%. Notably, the Affordable and Emerging Market segments contributed 50% of total retail disbursements.

14Oct 25

PNB Housing Finance Seeks Shareholder Approval for Appointment of D. Surendran as Nominee Director

PNB Housing Finance Limited has initiated a postal ballot to appoint Mr. D. Surendran as a Nominee Non-Executive Director. Surendran, nominated by Punjab National Bank, brings 35 years of banking experience. The proposed appointment is for a term not exceeding five years. Shareholders can vote electronically through NSDL from October 15 to November 13, 2025. Upon appointment, Surendran will join four board committees including Nomination and Remuneration, Corporate Social Responsibility, Risk Management, and Stakeholders Relationship.

17Sept 25

PNB Housing Finance to Announce New CEO Within Two Weeks

PNB Housing Finance has confirmed it will reveal the name of its new Chief Executive Officer within the next two weeks. The company emphasized that its ongoing business guidance remains unchanged, indicating a commitment to maintaining its current strategic direction during this leadership transition. This announcement is expected to be closely watched by investors and industry observers, as it could influence the company's future trajectory in India's housing finance sector.

05Sept 25

PNB Housing Finance Secures Approval for ₹50,000 Crore NCD Issuance

PNB Housing Finance's Board of Directors has approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹50,000 crore. The issuance will be on a private placement basis, potentially in multiple tranches. The company has informed stock exchanges of this decision, complying with SEBI regulations. Additionally, PNB Housing Finance will participate in a virtual Group Investor Meeting organized by Phillip Capital.

29Aug 25

PNB Housing Finance Board to Consider ₹5,000 Crore NCD Fundraising

PNB Housing Finance's Board of Directors will meet on September 5 to discuss raising up to ₹5,000 crore through Non-Convertible Debentures (NCDs). The proposed fundraising would be conducted via private placement, issued in tranches, with a possible green shoe option. This announcement complies with SEBI regulations, and the company has informed both BSE and NSE about the upcoming meeting.

23Aug 25

PNB Housing Finance Appoints Banking Veteran D. Surendran as Non-Executive Nominee Director

PNB Housing Finance Limited has appointed D. Surendran as an Additional Director in the capacity of Non-Executive Nominee Director, effective August 23, 2025. Nominated by Punjab National Bank, Surendran will serve a five-year term, subject to approval. He brings 35 years of banking experience, currently serving as an Executive Director at Punjab National Bank since March 2025. Surendran is involved in several key committees at PNB and holds diverse educational qualifications in agriculture, science, software engineering, and banking.

22Aug 25

PNB Housing Finance Approves INR 5 Dividend, Authorizes Rs 10,000 Crore Debt Issuance at AGM

PNB Housing Finance's 37th AGM approved key resolutions including a dividend of INR 5.00 per share, reappointment of Mr. Dilip Kumar Jain as non-executive nominee Director, and appointment of M/s. Vinod Kothari & Company as Secretarial Auditor. The Board was authorized to issue NCDs up to Rs 10,000 crore. Shareholders approved changes to allow unsecured lending and material related party transactions with Punjab National Bank and PNB Gilts Limited.

19Aug 25

PNB Housing Finance Sees Rs. 67.27 Crore Block Trade on NSE

PNB Housing Finance Ltd. experienced a significant block trade on the National Stock Exchange. The transaction involved 823,669 shares, valued at approximately Rs. 67.27 crore, executed at Rs. 816.75 per share. While the parties involved remain undisclosed, such large trades can potentially influence market sentiment and trading patterns.

09Aug 25

PNB Housing Finance Addresses Leadership Transition Amid Strong Financial Performance

PNB Housing Finance announced the resignation of Managing Director and CEO Girish Kousgi, effective October 28, 2025. The company reported strong financial metrics with a gross NPA of 1.06%, net NPA of 0.69%, and a capital adequacy ratio of 28.70%. PNB Housing Finance maintains a 99% retail focus in its loan assets and guides for 18% loan book growth. The company remains committed to its growth strategy in retail lending, affordable housing, and technology-driven operations. A search for a new CEO is underway, considering both internal and external candidates.

06Aug 25

GIC Private Limited Trims Stake in PNB Housing Finance to 3.23%

GIC Private Limited, representing the Government of Singapore (GOS) and Monetary Authority of Singapore (MAS), has decreased its stake in PNB Housing Finance from 3.857% to 3.231%. The reduction involved selling 1,630,002 equity shares in the open market on August 4. GOS now holds 2.693% of the company, while MAS retains 0.538%. This move follows a gradual reduction from GIC's previous 5.388% stake as of July 30.

05Aug 25

PNB Housing Finance Initiates CEO Search as Girish Kousgi Steps Down

PNB Housing Finance is searching for a new Managing Director and CEO following Girish Kousgi's resignation. Jatul Anand, recently promoted to Executive Director, will serve as interim head. Valli Sekar has been appointed as Chief Business Officer for the affordable business segment. The company's stock price declined by 3.64% to ₹778.65 in the latest trading session, following a 17% drop after the initial resignation announcement. PNB Housing Finance held an investors' call on August 4, 2025, to address the transition.

04Aug 25

PNB Housing Finance Shares Plummet 17% on CEO Resignation, Triggering F&O Ban

PNB Housing Finance's shares dropped 17% in a single day, marking the steepest decline in over four and a half years, following the unexpected resignation of MD and CEO Girish Kousgi. The stock entered F&O ban as market-wide position limit exceeded 95%. Trading volumes surged to over 3.2 crore shares, far above the 20-day average. Punjab National Bank confirmed Kousgi's resignation was for personal reasons and announced the search for a new MD & CEO would focus on external candidates. The stock closed at ₹811.15, turning negative for the year with an 11% decline.

03Aug 25

PNB Housing Finance Announces Major Leadership Changes Amid CEO Resignation

PNB Housing Finance's CEO Girish Kousgi has resigned, effective October 28, 2025. The company has appointed Jatul Anand as Executive Director for Prime and Emerging Business, and Valli Sekar as Chief Business Officer for the Affordable Business vertical, both effective August 2, 2025. Anand, with 22 years of financial sector experience, will oversee Sales, Credit, Product, and Collections in his segment. Sekar, with 25 years of experience, will manage the same areas in the affordable housing segment.

02Aug 25

PNB Housing Finance Bolsters Leadership with Key Executive Appointments

PNB Housing Finance has made two strategic appointments effective August 02, 2025. Jatul Anand, previously Chief Credit & Collections Officer, has been elevated to Executive Director (not a board member), overseeing 'Prime and Emerging' Business operations. Valli Sekar has been appointed as Chief Business Officer - Affordable Business, responsible for leading the company's affordable business segment. These appointments aim to strengthen the company's position across various business segments in India's housing finance sector.

01Aug 25

PNB Housing Finance CEO Girish Kousgi Steps Down, Citing External Opportunities

Girish Kousgi, Managing Director and CEO of PNB Housing Finance Limited, has submitted his resignation to pursue opportunities outside the organization. His resignation, effective October 28, 2025, was accepted by the Board of Directors. Kousgi will also step down from his positions on the boards of PNB Housing's subsidiaries. The company has not yet announced a successor, and Kousgi has committed to ensuring a smooth transition during the approximately 90-day notice period.

01Aug 25

PNB Housing Finance Sees Rs 150 Crore Block Trade Amid Leadership Change

PNB Housing Finance experienced a significant block trade on the National Stock Exchange, with 1,798,521 shares traded at Rs 834.00 per share, totaling approximately Rs 150.00 crore. Simultaneously, the company announced the resignation of its Managing Director and CEO, Girish Kousgi, effective October 28, 2025. Kousgi will continue in his role until then to ensure a smooth transition. The company's Board has accepted the resignation and will initiate a search for a new leader, emphasizing that strategic priorities and growth trajectory remain intact.

01Aug 25

PNB Housing Finance Schedules Investor Call Following MD & CEO Resignation

PNB Housing Finance experienced a significant block trade on NSE worth Rs 100.61 crores, with 1,200,179 shares traded at Rs 838.30 per share. CEO Girish Kousgi has resigned due to personal reasons, effective October 28, 2025. The company has scheduled an investor call on August 4, 2025, to address concerns. Punjab National Bank, holding over 28% stake, has no plans to increase its shareholding. The company has engaged an external HR firm to find a replacement CEO and remains committed to its strategic priorities and growth trajectory.

31Jul 25

PNB Housing Finance Reports Robust Q1 Performance; CEO Girish Kousgi to Step Down

PNB Housing Finance Limited (PNBHFL) reported robust Q1 results with 18.1% YoY growth in retail loan book to ₹76,923.00 crores. Net Interest Income increased 17% YoY to ₹760.00 crores, while PAT rose 23% YoY to ₹534.00 crores. The company showed improved asset quality with Gross NPA at 1.06%. PNBHFL focused on high-yielding segments, with significant growth in Affordable and Emerging Markets disbursements. Separately, Managing Director and CEO Girish Kousgi announced his resignation, effective October 28, 2025.

31Jul 25

PNB Housing Finance CEO Girish Kousgi Resigns After Transformative Tenure

Girish Kousgi, Managing Director and CEO of PNB Housing Finance Limited (PNBHFL), has resigned to pursue other opportunities. His resignation, effective October 28, 2025, was accepted by the Board on July 31, 2025. Kousgi served for nearly three years, during which PNBHFL underwent significant transformation. He expressed confidence in the management team's ability to handle the transition and committed to ensuring a smooth handover. The Board acknowledged Kousgi's contributions and leadership. PNBHFL recently reported strong Q1 FY'26 performance, including 18.1% year-on-year retail loan book growth and improved gross NPA of 1.06%.

30Jul 25

GIC Private Limited Reduces Stake in PNB Housing Finance to 5.388%

GIC Private Limited, acting for the Government of Singapore (GOS) and Monetary Authority of Singapore (MAS), has reduced its combined shareholding in PNB Housing Finance Limited from 5.484% to 5.388% through open market transactions on July 28, 2025. GOS sold 195,625 shares (0.075% reduction) and MAS sold 36,591 shares (0.014% reduction), totaling 232,216 shares (0.089% reduction). After the sale, GOS holds 4.493% and MAS holds 0.895% of the company.

23Jul 25

PNB Housing Finance Raises ₹400 Crore Through Secured Debentures

PNB Housing Finance Limited has successfully raised ₹400 crore by allotting 40,000 non-convertible debentures (NCDs) with a face value of ₹1 lakh each. The NCDs have a coupon rate of 7.4342% per annum and a tenure of 5 years, maturing on July 23, 2030. They will be secured by an exclusive charge on specific book debts and listed on the NSE's Wholesale Debt Market Segment. The company also announced the resignation of Chief Sales Officer, Mr. Dilip Vaitheeswaran, effective August 14, 2025.

22Jul 25

PNB Housing Finance Upgrades NIM Forecast for FY26, Reports Strong Q1 Performance

PNB Housing Finance Limited has announced an improved Net Interest Margin (NIM) forecast for FY26 during a conference call, following robust Q1 FY26 results. The company reported a 23% year-on-year increase in Net Profit After Tax to ₹534.00 crore, and a 17% growth in Net Interest Income to ₹760.00 crore. The NIM improved to 3.74% from 3.65% in Q1 FY25. Retail Loan Asset grew by 18% to ₹76,923.00 crore, with a focus on high-yielding segments like Affordable Housing and Emerging Markets. The company's GNPA improved to 1.06%, down from 1.35% a year ago.

22Jul 25

PNB Housing Finance Upgrades NIM Forecast for FY26, Reports Strong Q1 Performance

PNB Housing Finance has revised its Net Interest Margin (NIM) forecast upwards for FY26 following impressive Q1 results. The company reported a 23% year-on-year increase in consolidated net profit to ₹533.50 crore, with Net Interest Income growing by 17% to ₹760 crore. Asset quality improved with GNPA ratio decreasing to 1.06%. The loan book showed significant growth, particularly in the Affordable Housing segment with a 143% increase. Management expressed confidence in achieving stated guidance for the fiscal year.

21Jul 25

PNB Housing Finance Reports Strong Q1 FY26 Performance with 18% Growth in Retail Loans

PNB Housing Finance Limited announced robust Q1 FY26 results with 18% YoY growth in retail loan assets, reaching ₹76,923.00 crore. Affordable housing segment grew 143% YoY to ₹5,744.00 crore. Net profit increased 23% YoY to ₹534.00 crore. GNPA improved to 1.06% from 1.35% a year ago. The company expanded to 356 locations, focusing on high-yielding segments. Net Interest Margin improved to 3.74%, and Return on Assets rose to 2.57% annualized.

21Jul 25

PNB Housing Finance Reports 23% Jump in Q1 Net Profit, Reaches ₹5.33 Billion

PNB Housing Finance's Q1 consolidated net profit increased by 23% year-over-year to ₹5.33 billion. Total revenue grew by 13.9% to ₹20.76 billion. Interest income rose 13.9% to ₹1,980.35 crore. The company maintained a healthy asset quality with a GNPA ratio of 1.06% and NNPA ratio of 0.69%. Capital adequacy ratio stood strong at 29.68%. Management expressed satisfaction with the company's performance and focus on quality loan book growth.

02Jul 25

PNB Housing Finance: Board Recommends ₹10,000 Crore NCD Issuance and Reports Strong Q4 Results

PNB Housing Finance's Board has recommended issuing Non-Convertible Debentures (NCDs) worth up to ₹10,000 crore through private placement, subject to shareholder approval. The company reported impressive Q4 results with a 28% increase in net profit to ₹567.10 crore, 19.20% growth in Net Interest Income, and improved asset quality with Gross NPA at 1.08% and Net NPA at 0.69%. Assets Under Management grew to over ₹80,000 crore.

27Jun 25

PNB Housing Finance to Consider ₹10,000 Crore Fundraising via NCDs

PNB Housing Finance's board of directors will meet on July 2 to discuss raising up to ₹10,000 crore through Non-Convertible Debentures (NCDs). This potential fundraising could enhance the company's liquidity, support business expansion, and strengthen its market position in the Indian housing finance sector. The proposal is subject to board approval.

12May 25

PNB Housing Finance Unveils Fixed-Rate Non-Home Loan Product with Competitive Rates

PNB Housing Finance has introduced a new fixed-rate non-home loan product with interest rates starting from 10.00%. The product covers loan against property, commercial plot purchase, loan against plot, and lease rental discounting, with loan tenures up to 15 years. This move aims to provide borrowers with financial stability and predictable EMIs, catering to diverse financial needs and allowing for better long-term planning.

02May 25

Carlyle Group to Offload 10.44% Stake in PNB Housing Finance for $308 Million

Private equity firm Carlyle Group is divesting its entire 10.44% stake in PNB Housing Finance through a block trade valued at approximately $308 million. IIFL Capital Services is managing the transaction, with a floor price set at Rs 960 per share, representing a 5% discount to the April 30 closing price. This significant move is expected to attract institutional investors and potentially impact the stock's trading volume and price in the short term.