PNB Housing Finance Limited
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PNB Housing Finance Limited
PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on 11 November 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in November 2016. Its equity shares are listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with effect from 7 November 2016''.'' The company provides housing loans & loan against property as a part of its product portfolio and also holds the license to accept public deposits. On 30 March 2019, Punjab National Bank announced that it had signed an agreement to sell a 13.01% stake in PNB Housing Finance to private equity firm General Atlantic and alternative investment firm Varde Partners for . As on 31 December 2018, the shareholding pattern in PNB HFL, Highest shareholding is 32.7 percent of PNB BANK (PROMOTER/Parent) & 32.3 Percent ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Bangalore
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.β€”β€”β€” In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ...
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Kolkata
Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, commercial, and financial hub of Eastern India and the main port of communication for North-East India. According to the 2011 Indian census, Kolkata is the seventh-most populous city in India, with a population of 45  lakh (4.5 million) residents within the city limits, and a population of over 1.41  crore (14.1 million) residents in the Kolkata Metropolitan Area. It is the third-most populous metropolitan area in India. In 2021, the Kolkata metropolitan area crossed 1.5 crore (15 million) registered voters. The Port of Kolkata is India's oldest operating port and its sole major riverine port. Kolkata is regarded as the cultural capital of India. Kolkata is the second largest Bengali-speaking city after Dhaka ...
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Lucknow
Lucknow (, ) is the capital and the largest city of the Indian state of Uttar Pradesh and it is also the second largest urban agglomeration in Uttar Pradesh. Lucknow is the administrative headquarters of the eponymous district and division. Having a population of 2.8 million as per 2011 census, it is the eleventh most populous city and the twelfth-most populous urban agglomeration of India. Lucknow has always been a multicultural city that flourished as a North Indian cultural and artistic hub, and the seat of power of Nawabs in the 18th and 19th centuries. It continues to be an important centre of governance, administration, education, commerce, aerospace, finance, pharmaceuticals, technology, design, culture, tourism, music and poetry. The city stands at an elevation of approximately above sea level. Lucknow city had an area of till December 2019, when 88 villages were added to the municipal limits and the area increased to . Bounded on the east by Barabanki, on the w ...
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Dehradun
Dehradun () is the capital and the most populous city of the Indian state of Uttarakhand. It is the administrative headquarters of the eponymous district and is governed by the Dehradun Municipal Corporation, with the Uttarakhand Legislative Assembly holding its winter sessions in the city as its winter capital. Part of the Garhwal region, and housing the headquarters of its Divisional Commissioner. Dehradun is one of the " Counter Magnets" of the National Capital Region (NCR) being developed as an alternative center of growth to help ease the migration and population explosion in the Delhi metropolitan area and to establish a smart city in the Himalayas. It is the third largest city in the Himalayas after Kathmandu and Srinagar. Dehradun is located in the Doon Valley on the foothills of the Himalayas nestled between Song river, a tributary of Ganga on the east and the Asan river, a tributary of Yamuna on the west. The city is noted for its picturesque landscape and slightly m ...
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Jaipur
Jaipur (; Hindi Language, Hindi: ''Jayapura''), formerly Jeypore, is the List of state and union territory capitals in India, capital and largest city of the Indian States and union territories of India, state of Rajasthan. , the city had a population of 3.1 million, making it the List of cities in India by population, tenth most populous city in the country. Jaipur is also known as the ''Pink City'', due to the dominant colour scheme of its buildings. It is also known as the Paris of India, and C. V. Raman called it the ''Island of Glory''. It is located from the national capital New Delhi. Jaipur was founded in 1727 by the Kachhwaha Rajput ruler Jai Singh II, the ruler of Amer, India, Amer, after whom the city is named. It was one of the earliest planned cities of modern India, designed by Vidyadhar Bhattacharya. During the British Colonial period, the city served as the capital of Jaipur State. After independence in 1947, Jaipur was made the capital of the newly formed s ...
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Noida
Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) of India. As per provisional reports of Census of India, the population of Noida in 2011 was 642,381. The city is managed by New Okhla Industrial Development Authority (NOIDA). The district's administrative headquarters are in the nearby city of Greater Noida. The city is a part of the Noida (Vidhan Sabha) constituency and Gautam Buddha Nagar (Lok Sabha) constituency. Mahesh Sharma is the present Lok Sabha MP of Gautam Buddha Nagar, while Pankaj Singh is the present MLA of Noida.
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Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Indian census, Chennai is the sixth-most populous city in the country and forms the fourth-most populous urban agglomeration. The Greater Chennai Corporation is the civic body responsible for the city; it is the oldest city corporation of India, established in 1688β€”the second oldest in the world after London. The city of Chennai is coterminous with Chennai district, which together with the adjoining suburbs constitutes the Chennai Metropolitan Area, the 36th-largest urban area in the world by population and one of the largest metropolitan economies of India. The traditional and de facto gateway of South India, Chennai is among the most-visited Indian cities by foreign tourists. It was ranked the ...
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Chandigarh
Chandigarh () is a planned city in India. Chandigarh is bordered by the state of Punjab to the west and the south, and by the state of Haryana to the east. It constitutes the bulk of the Chandigarh Capital Region or Greater Chandigarh, which also includes the adjacent Satellite city, satellite cities of Panchkula and Mohali. It is located 260 km (162 miles) north of New Delhi and 229 km (143 miles) southeast of Amritsar. Chandigarh is one of the earliest planned cities in post-independence India and is internationally known for its architecture and urban design. The master plan of the city was prepared by Swiss-French architect Le Corbusier, which built upon earlier plans created by the Polish architect Maciej Nowicki (architect), Maciej Nowicki and the American planner Albert Mayer (planner), Albert Mayer. Most of the government buildings and housing in the city were designed by a team headed by Le Corbusier, Jane Drew and Maxwell Fry. Chandigarh's Chandigarh Capitol ...
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Varde Partners
Varde is a Danish city in southwestern Jutland and is the primary city in the municipality of Varde, in Region of Southern Denmark. In 2015 municipality changed its motto to "We in nature" to emphasize its rural atmosphere. The town has an old market environment and is located by Varde stream/river and is a short distance away from the beaches by the North Sea. These features make it a tourist destination. The age of Varde is not known precisely, but it is mentioned in written sources from 1107 A.D. and is therefore thought have been founded sometime in the early Middle Ages. The history of Varde Early on the name of Varde is presented in 2 different versions "Warwath" and "Warwik." War is identical in both and is believed to mean grassland, maybe beach or in other ways uncultivated area. The suffixes "wath" and "wick" are believed to mean respectively ford and inlet. The differing versions of the name occur quite naturally, depending on where you are located "on ground" or ...
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BFSI
Banking, financial services and insurance (BFSI) is the industry's umbrella term for companies that provide a range of such financial products or services. This includes universal banks that provide a range of financial services or companies that operate in one or more of these financial sectors. BFSI comprises commercial banks, insurance companies, non-banking financial companies, cooperatives, pensions funds, mutual funds and other smaller financial entities. The Banking part of BFSI may include core banking, retail, private, corporate, investment and cards. Financial services may include stock-broking, payment gateways, mutual funds. Insurance covers both life insurance and general insurance. This term is commonly used by information technology (IT), information technology-enabled services (ITES), business process outsourcing (BPO) companies and technical/professional services firms that manage data processing, application testing and software development activities in this ...
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General Atlantic
General Atlantic (also known as "GA") is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for Atlantic Philanthropies, a philanthropic organization founded by Charles F. Feeney, the billionaire co-founder of Duty Free Shoppers Ltd. As of November 2021, General Atlantic has over $86 billion in assets under management and focuses on investments across five sectors, including Technology, Consumer, Financial Services, Healthcare, and Life Sciences. The firm has 185 investment professionals based in New York City, Stamford, Palo Alto, Sao Paulo, London, Munich, Amsterdam, Beijing, Hong Kong, Mumbai, Shanghai, Mexico City, Singapore, and Jakarta. History General Atlantic was founded in 1980 as the captive investment team inside of Atlantic Philanthropies, founded by billionaire Charles F. Feeney a co-founder of Duty Free Shoppers ...
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