The Company was incorporated as "PNB Housing Finance Private Limited" on November 11, 1988, as a private limited company under the Companies Act 1956, with a certificate of incorporation granted by the RoC. Pursuant to conversion of the Company to a public limited company, the name was changed to "PNB Housing Finance Limited" and the RoC certified the change of name upon conversion to a public limited company on December 30, 1989.
Awards and accreditations
2016
- Awarded for Excellence in Corporate Social Responsibility by the Dainik Bhaskar Group.
2016
- Recognized as ET Best BFSI Brands 2016 by Economic Times
2015
- Awarded for contribution to corporate social responsibility by CREDAI
2015
- Best Apprenticeship / On the Job training program Gold Award at the 7th Annual Tata Institute of Social Sciences.
2014
- Recognised by Microsoft for being a pioneer investor in Cloud Services and Solutions in India.
2014
- National Award for excellence in Talent Management 2014.
2014
- Awarded for its Significant Contribution to Housing for the year 2013-2014 by Housing and Urban Development Corporation Limited.
2014
- Awarded for successful completion of 25 years of service by Dun & Bradstreet.
2013
- Awarded Special Commendation Award during the Best Change Interventions of Asia Seminar & Awards.
Major events and milestones
1988
- Incorporation of the Company.
2003
- The Company was notified under the SARFAESI Act.
2006
- Crossed the Rs. 10,000.00 million loan portfolio.
2009
- PNB sold 26% of its stake in the total issued, subscribed and paid-up share capital of the Company to DEL.
2010
- Launched the business process re-engineering project, Kshitij.
2012
- DEL increased its shareholding to 49% in the Company, pursuant to the conversion of CCDs issued to DEL in 2009.
- Gross and net NPAs were brought lower than 0.50% of the asset portfolio.
2013
- Crossed Rs.10,000.00 million retail deposits.
- AA+ rating by CRISIL of the NCDs and bank term loans and FAAA rating for the deposits.
2014
- Profit after tax crossed Rs.1,000.00 million and the portfolio crossed Rs.100,000.00 million.
- AAA rating by CRISIL for NCD Borrowing program.
2015
- Implemented end-to-end Enterprise System Solution.
- AAA rating by ICRA and India Ratings (Fitch Group) for NCD borrowing program.
2016
-PNB Housing once again bags the `Housing Finance Company of the Year' award at the 9th Annual Estate Awards 2016.
-PNB Housing was awarded `Certificate of Merit' as `Housing Finance Company of the Year' by CMO Asia at ABP News Presents Real Estate Awards.
-PNB Housing wins award for `Brand Excellence in the NBFC Category' at The Economic Times Best BFSI Brands 2016.
-PNB Housing awarded for contribution towards CSR at the India Pride Awards - 2016.
-PNB Housing Finance Inaugurates 9th branch in Delhi
-PNB Housing inaugurates first branch in Thrissur, Kerala
2018
-PNB Housing Finance Regional office inauguration in Coimbatore
-PNB Housing wins Gold at FICCI's Best Animated Frames (BAF) Awards 2018
2019
-PNB Housing plans more day-care centres for children of construction workers across South India
--PNB Housing Finance Converting home loan into marketable security for ease liquidity
-LIC invests INR 2500 Crore in PNB Housing Finance Limited through NCDs
2020
-PNB Housing Finance agreement with JICA and citibank based on the fecility for accelerating financial inclusion
-PNB Housing Launches New Online Home Loans Campaign to complete all home loan formalities online
-PNB Housing Finance signs MoU with IIT Delhi
2021
-PNB Housing Finance launches unique ad campaign Ghar Jaane ki Khwahish to create awareness about unique `Unnati Home Loans
2022
-PNB Housing Finance approves draft letter of offer for proposed rights issue.
2023
-Company issued rights shares of Rs. 10 in the ratio of 29:54 at a premium of Rs. 265 per share.
-PNB Housing Launch of its 100th Affordable Branch & First All - women Branch.
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