28 Nov PNB Housing Finance set to prune business loan guide by Rs 1,500 cr
PNB Housing Finance publications Rs loss that is 351-cr https://personalbadcreditloans.org/payday-loans-nc/ Q4 on increased write-offs
Mortgage company PNB Housing Finance (PNB HFC) intends to reduce loan that is corporate by Rs 1,500 crore by March 2021 and it is moving in for an extra round of rationalisation.
Hardayal Prasad, handling director (MD) and ceo (CEO) stated the business has generated a good stability sheet and certainly will continue steadily to rebalance its profile to construct a robust retail franchise.
There is a sell down and accelerated pre-payment of Rs 477 crore into the book that is corporate.
"HFC continues to be steadfast in its technique to bring down share of business guide by end associated with present year that is fiscal" Dayal stated in an analysts’ call.