PNB Housing Finance looks to sell corporate assets to streamline balance sheet PNB Housing had sold corporate finance portfolio worth Rs 2,307 crore during FY2020 which helped in improving its CRAR (capital to risk weighted assets ratio) to 17.98 by end of March 2020.
PNB Housing Finance to auction Vipul Ltd Project in Gurugram The auction, with a reserve price of Rs 452.58 crore for both assets, will take place on August 6. According to the notice, a copy of which ET has reviewed, developers can submit bids independently or through a joint venture, by August 5.
PNB Housing Finance witnesses sharp fall in customers opting for moratorium On March 27, the Reserve Bank of India (RBI) announced moratorium of repayment of term loans till May 31. It was later extended till August 31.