PNB Housing Finance is poised to re-enter project financing this quarter after a three-year hiatus, buoyed by improved asset quality. The lender aims for a ₹1,500 crore project finance portfolio by fiscal year-end, alongside expanding its loan against property business with a dedicated team. The company projects 18% growth for FY26, driven by affordable housing loan segment.
US SEC yet to serve legal documents to Gautam Adani, his nephew in alleged $265 million bribery case
The US SEC is actively working to serve legal documents to Gautam Adani and his nephew Sagar in India, concerning a securities case filed in