Trade Analytics

PNB Housing Finance Ltd

Go Back

PNB Housing Finance Ltd

  • Two decades of specialized experience in housing finance.
  • Subsidiary of Punjab National Bank (PNB).
  • Robust network of branches spread across the country.

PNB Housing Finance Ltd (PNBHFL) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on November 11, 1988. PNBHFL is a subsidiary of Punjab National Bank (PNB), which holds 51 per cent of share capital in the Company.

In December, 2009, it entered into a strategic financial partnership with Destimoney Enterprises Private Ltd (DEPL). In February 2015, DEPL’s majority shareholder Destimoney Enterprises Ltd has sold its entire shareholding to Quality Investments Holdings, which is owned by Carlyle Group, a global investment firm.

With over two decades of specialised experience in housing finance, PNBHFL has a robust network of branches spread across the country which help its customers avail financial services (loans and deposits) seamlessly.

Source: http://www.pnbhousing.com

PNB Housing Finance Ltd: Specialised experience in housing finance

2015 Destimoney Enterprises Ltd has sold its entire shareholding to Quality Investments Holdings.
2013 PNBHFL recognised for best change management intervention.
2009 Entered into a strategic financial partnership with Destimoney Enterprises Private Ltd (DEPL).
1988 Commenced its operations.

Updated: August, 2015

Financial Services
Investment corpus in India's pension sector could cross US$ 1 trillion by 2025.