PNB Housing Finance Expands Affordable Housing

08 Nov 2023 CW Team

PNB Housing Finance, India's third-largest housing finance company, is on a mission to boost its affordable housing outreach. The company is planning to increase its affordable housing branches to 160 by the end of the fiscal year. Additionally, they aim for a 33% rise in disbursements within this segment, targeting Rs 10 billion for the current quarter, up from the Rs 7.50 billion disbursed in the previous July to September quarter.

In a significant move, PNB Housing Finance recently inaugurated its first all-women branch in Tambaram, Tamil Nadu. This milestone marks the company's 100th branch dedicated to affordable housing. The establishment of this all-women branch underscores the company's commitment to gender diversity and empowering women. It creates an environment where women can excel professionally and personally while contributing to the nation's economic growth.

This initiative aligns with PNB Housing Finance's overarching goal of expanding its business and ensuring broader accessibility to its products and services for a more diverse customer base.

Infrastructure Urban

23 May 2025

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Infrastructure Urban

23 May 2025

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi鈥檚 daily average Air Quality Index (AQI) clocked 213 (鈥楶oor鈥� category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording 鈥楶oor鈥� air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Infrastructure Urban

23 May 2025

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of 鈥淔inancial Fraud Risk Indicator (FRI)鈥� with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the 鈥淔inancial ..