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PNB Housing Finance is currently trading at Rs. 572.70, up by 3.30 points or 0.58% from its previous closing of Rs. 569.40 on the BSE. The scrip opened at Rs. 574.00 and has touched a high and low of Rs. 582.80 and Rs. 570.10 respectively. So far 9597 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 582.80 on 19-Jun-2023 and a 52 week low of Rs. 262.89 on 20-Jun-2022. Last one week high and low of the scrip stoo...
PNB Housing Finance rises on planning to raise Rs 5000 crore through NCDs
Mumbai: Mumbai-based affordable housing finance company, West End Housing Finance Ltd., has appointed reputed banker Mr. Jagdish Capoor as its Chairman. The appointment was made by the board at its meeting held in Mumbai on the 10th of February, 2023. Mr. Jagdish Capoor has had an illustrious career in the finance sector, having served as the Deputy Governor of the Reserve Bank of India. He has also been the Chairman of HDFC Bank and the Bombay Stock Exchange (BSE), and has serve...
Mr. Jagdish Capoor Appointed Chairman of West End Housing Finance
The Indian banking sector is happy with the Union Budget for 2023-24 presented by Finance Minister Nirmala Sitharaman. For the banking sector which is seeing an increased credit offtake in the recent times, is expecting more business due to increased allocation for capital investment and also inflow of cash with the increase in rebate for tax payers under the Income Tax Act which is expected to bring them some low cost funds. While that is for the bankers, Sitharaman too had announcemen...
Higher capex, infra push, green initiatives to drive up demand for bank funds
PNB Housing Finance is currently trading at Rs. 527.00, up by 19.60 points or 3.86% from its previous closing of Rs. 507.40 on the BSE. The scrip opened at Rs. 508.00 and has touched a high and low of Rs. 535.35 and Rs. 494.00 respectively. So far 189224 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 535.35 on 20-Dec-2022 and a 52 week low of Rs. 312.00 on 12-May-2022. Last one week high and low of the s...
PNB Housing Finance trades higher on the BSE
Indiabulls Housing Finance is currently trading at Rs. 134.30, up by 1.20 points or 0.90% from its previous closing of Rs. 133.10 on the BSE. The scrip opened at Rs. 133.10 and has touched a high and low of Rs. 134.40 and Rs. 131.50 respectively. So far 474645 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 282.60 on 16-Dec-2021 and a 52 week low of Rs. 89.00 on 06-Jul-2022. Last one week high and low of the scr...
Indiabulls Housing Finance trades higher on the BSE
Decadal low interest rates as well as stable property prices will drive home loan's growth in FY23. As per India Ratings and Research, lowest interest rates seen in decades along with stable property prices and the low impact of the Covid-19's third wave have led to improved affordability for borrowers. "This accompanied with the need for a bigger housing space during the pandemic bodes well for financers to drive the overall assets under management (AUM) growth higher, des...
Low interest rates to drive home loans growth
In a liquidity boost to all-India financial institutions such as NABARD and National Housing Bank (NHB), the Reserve Bank of India (RBI) has announced a liquidity support of Rs 50,000 crore to such institutions for fresh lending in the current financial year. "In consonance with the policy objective of nurturing the still nascent growth impulses, it has been decided to extend fresh support of Rs 50,000 crore to the AIFIs for new lending in 2021-22," said the RBI's statement o...
RBI announces Rs 50,000 cr for NABARD, NHB, SIDBI
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