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PNB Housing Q2 profit rises 24% to ₹582 crore

Financial Express Lucknow

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October 28, 2025

PNB HOUSING FINANCE on Monday reported a 24% increase in its net profit to %582 crore for the quarter ended September due to higher growth in the affordable and emerging market segments.

- KSHIPRA PETKAR

The net interest income grew 14.4% to 765 crore.The net interest margin stood at 3.67%, lower compared with 3.74% in Q1 of this fiscal and 3.68% in the year-ago period. Operating expenditure rose 7.6% to

MÁS HISTORIAS DE Financial Express Lucknow

Financial Express Lucknow

Services sector growth at 5-month low in Oct

SUBDUED EXPANSION @ October's index number at 58.9 was marginally lower than 59.3 recorded in August m Competitive pressures and heavy rains were cited as contributors to the sequential slowdown & Despite factors like demand buoyancy and GST relief, competition and heavy rains constrained growth

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November 07, 2025

Financial Express Lucknow

AI bubble has sucked in France and Germany, too

IF ARTIFICIAL INTELLIGENCE is indeed a bubble, it’s been inflating a lot of companies in places well beyond the tech-bro heartlands of the US.

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3 mins

November 07, 2025

Financial Express Lucknow

Bankers see Jio valuation at $170 bn ahead of IPO

INVESTMENT BANKERS ARE proposing a valuation of as much as $170 billion for Jio Platforms, according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries’s wireless carrier.

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1 min

November 07, 2025

Financial Express Lucknow

'Offline scale, new exam categories are the next growth drivers'

PhysicsWallah, which announced the price band for its upcoming IPO on Thursday, is preparing to widen its presence across offline centres and newer exam categories as it enters its next phase of expansion. It is particularly focused on state board preparation and foundational grades, co-founder Prateek Maheshwari tells Anees Hussain. Excerpts:

time to read

1 mins

November 07, 2025

Financial Express Lucknow

SBI announces IPO of its mutual fund arm

French asset manager Amundi to sell 3.7% stake

time to read

2 mins

November 07, 2025

Financial Express Lucknow

Kokuyo eyes more acquisitions in growth push

Company targets over 3x rise in India revenue in 5 years

time to read

2 mins

November 07, 2025

Financial Express Lucknow

Sebi, RBI in discussions to launch bond derivatives

For the corporate bond market, our way forward will be to make debt instruments more attractive for retail

time to read

1 min

November 07, 2025

Financial Express Lucknow

PhysicsWallah IPO price band set at ₹103-109 per share

EDTECH MAJOR PHYSICSWALLAH on Thursday announced a price band of ₹103-109 per share for its upcoming initial public offering (IPO).

time to read

1 mins

November 07, 2025

Financial Express Lucknow

SBI to offload 6.3% in MF arm via IPO

STATE BANK OF India(SBI) on Thursday announced plans to take SBI Funds Management (SBIFML)—the biggest fund house with assets under management of %12.05 lakh crore—public through an ini-

time to read

1 min

November 07, 2025

Financial Express Lucknow

New bank licences key to Viksit Bharat: DFS secy

TO MEETTHE ambitious goals of Viksit Bharat by 2047, India will need more banks and more types of banks, Department of Financial Services Secretary (DFS) M Nagaraju said at the SBI Banking and Economics Conclave on Thursday.

time to read

1 min

November 07, 2025

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