BENGALURU, July 24 (Reuters) – Indian mortgage lender PNB Housing Finance (PNBH.NS) on Monday posted a nearly 48% rise in its first-quarter profit, driven by robust demand for housing loans and improved asset quality. PNB Housing, a unit of state-run lender Punjab National Bank (PNBK.NS), said its consolidated net profit …
Read More »India’s HDFC Life Q1 profit rises on investment gains
BENGALURU, July 21 (Reuters) – India’s HDFC Life Insurance Co Ltd (HDFL.NS) reported a 15.4% rise in first-quarter profit on Friday, aided by investment gains and a rise in premium income. The Mumbai-based company’s profit after tax rose to 4.15 billion rupees ($50.6 million) for the quarter ended June 30 …
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