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PNB Housing Finance reported gross NPAs of Rs 22.70 billion.
This initiative aims to facilitate the growth and expansion of MSME.
The company stated that the rights issue closed on April 27, 2023.
The anchor bid equates to a recovery of 20% for the lenders.
AIPL has signed a contract with Ireo to complete this project
Has invited offers to sell about ₹3,000 crore loan book
It is subject to review after two years.
Shareholding of PNB as a promoter would come down to below 30%
Housing finance companies have the advantage due to reforms.
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