PNB Housing Finance Ltd
PNB Housing Finance Ltd Company History
PNB Housing Finance is primarily engaged in the business of providing loans to individuals and corporate bodies for purchase, construction, repair and up-gradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.
1988
Incorporation of the Company.
1988
2003
The Company was notified under the SARFAESI Act.
2003
2006
Crossed the Rs. 10,000.00 million loan portfolio.
2006
2009
PNB sold 26% of its stake in the total issued, subscribed and paid-up share capital of the Company to DEL.
2009
2010
Launched the business process re-engineering project, Kshitij.
2010
2012
DEL increased its shareholding to 49% in the Company, pursuant to the conversion of CCDs issued to DEL in 2009.
Gross and net NPAs were brought lower than 0.50% of the asset portfolio.
2012
2013
Awarded Special Commendation Award during the Best Change Interventions of Asia Seminar & Awards.
Major events and milestones
Crossed Rs.10,000.00 million retail deposits.
AA+ rating by CRISIL of the NCDs and bank term loans and FAAA rating for the deposits.
2013
2014
Recognised by Microsoft for being a pioneer investor in Cloud Services and Solutions in India.
National Award for excellence in Talent Management 2014.
Awarded for its Significant Contribution to Housing for the year 2013-2014 by Housing and Urban Development Corporation Limited.
Awarded for successful completion of 25 years of service by Dun & Bradstreet.
Profit after tax crossed Rs.1,000.00 million and the portfolio crossed Rs.100,000.00 million.
AAA rating by CRISIL for NCD Borrowing program.
2014
2015
Awarded for contribution to corporate social responsibility by CREDAI
Best Apprenticeship / On the Job training program Gold Award at the 7th Annual Tata Institute of Social Sciences.
Implemented end-to-end Enterprise System Solution.
AAA rating by ICRA and India Ratings (Fitch Group) for NCD borrowing program.
2015
2016
Awarded for Excellence in Corporate Social Responsibility by the Dainik Bhaskar Group.
Recognized as ET Best BFSI Brands 2016 by Economic Times
PNB Housing once again bags the ÂHousing Finance Company of the Year award at the 9th Annual Estate Awards 2016.
PNB Housing was awarded ÂCertificate of Merit as ÂHousing Finance Company of the Year by CMO Asia at ABP News Presents Real Estate Awards.
PNB Housing wins award for ÂBrand Excellence in the NBFC Category at The Economic Times Best BFSI Brands 2016.
PNB Housing awarded for contribution towards CSR at the India Pride Awards - 2016.
PNB Housing Finance Inaugurates 9th branch in Delhi
PNB Housing inaugurates first branch in Thrissur, Kerala
2016
2018
PNB Housing Finance Regional office inauguration in Coimbatore
PNB Housing wins Gold at FICCIÂs Best Animated Frames (BAF) Awards 2018
2018
2019
PNB Housing plans more day-care centres for children of construction workers across South India
PNB Housing Finance Converting home loan into marketable security for ease liquidity
LIC invests INR 2500 Crore in PNB Housing Finance Limited through NCDs
2019
2020
PNB Housing Finance agreement with JICA and citibank based on the fecility for accelerating financial inclusion
PNB Housing Launches New Online Home Loans Campaign to complete all home loan formalities online
PNB Housing Finance signs MoU with IIT Delhi
2020
2021
PNB Housing Finance launches unique ad campaign Ghar Jaane ki Khwahish to create awareness about unique ÂUnnati Home Loans
2021
2022
PNB Housing Finance approves draft letter of offer for proposed rights issue.
2022
2023
Company issued rights shares of Rs. 10 in the ratio of 29:54 at a premium of Rs. 265 per share.
PNB Housing Launch of its 100th Affordable Branch & First All - women Branch.
2023
