PNB Housing Finance Ltd. is a subsidiary of Punjab National Bank (PNB), which holds 51% of share capital in the company. PNB Housing provides housing loans to individuals and corporate bodies for construction, purchase, repair and upgradation of houses. It also provides loan for commercial space, loan against property and loan for purchase of residential plots. The company is the fifth largest Housing Finance Company (HFC) in India by loan portfolio as of September 30, 2015 with the second largest amount of public deposits in an HFC in India as of March 31, 2015, according to the IMaCS Report. It conducts its...