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PNB Housing Finance (BOM:540173) Altman Z-Score


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What is PNB Housing Finance Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


PNB Housing Finance Business Description

Traded in Other Exchanges
Address
22 Kasturba Gandhi Marg, 9th Floor, Antriksh Bhavan, New Delhi, IND, 110 001
PNB Housing Finance Ltd is an India-based housing finance company. It is engaged in the business of providing loans for the purchase, construction, repairs, and renovations of houses, flats, and commercial properties. The company also provides loans for commercial space, loans against property, and loans for the purchase of residential plots. Geographically, it operates only in India. It generates revenue in the form of Interest income, and Fees and commission income.