Further, it will offer top-up home loans at an attractive rate of interest to existing as well as balance transfer cases.
Punjab National Bank on Friday said its board has approved raising up to Rs 6,000 crore by issuing bonds.
In the wake of the COVID-19 pandemic, banks have started providing most of their services online. In such a scenario, it is important to know if the information one comes across is legit.
Vipul Chitalia, arrested in March 2018 in connection with the scam in which diamond traders Nirav Modi and Mehul Choksi are the prime accused.
PNB Housing Finance said in a regulatory filing on Wednesday that the company will seek shareholders' nod in its AGM on September 3, 2021.
On Monday, High Court judge Martin Chamberlain granted Modi permission to appeal against a Westminster Magistrates' Court order in favour of extradition to India on mental health grounds.
Sebi ought to stop the voting at the EGM, saying it was necessary for shareholders to get the correct valuation at which investors led by the Carlyle Group would acquire shares and management control.
The two-member SAT bench of Justice Tarun Agarwala and Justice M T Joshi has delivered a split verdict on the matter.
The regulator has asked PNB Housing not to go ahead with the deal until it undertook the valuation of its shares by an independent agency.
Even SBI chairman has stated that banks will probably not be willing to fund telecom companies in the absence of clarity, he added.
Crown Prosecution Service barrister Helen Malcolm argued against permission to appeal by reiterating that the expert evidence on Nirav's mental health has not been disputed.
Sheth was named as an accused in a supplementary charge sheet filed by the Central Bureau of Investigation in the case earlier this year.
The high court has granted a consent order permitting Choksi to go to Antigua, where he has been staying as a citizen since 2018 after he left India.
PNB Housing Finance said it received a letter from PNB on July 4 and subsequent to that the board of the company met on July 5 and 6, 2021.
The case was filed against the immigration minister of the Caribbean nation, its police chief and the investigating officer of the case.