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Motilal Oswal: PNB Housing Finance — Stable Quarter, Moratorium Rate Declining

The key challenge for PNB Housing has been its high leverage, resulting in running down of the balance sheet, the brokerage says.

A pedestrian walks past a Punjab National Bank (PNB) office building in New Delhi. (Photographer: Anindito Mukherjee/Bloomberg)
A pedestrian walks past a Punjab National Bank (PNB) office building in New Delhi. (Photographer: Anindito Mukherjee/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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