Business Performance Update
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Performance of Subsidiaries, Joint Venture and Associates
Country of Proportion
Incorporati
genb
აის
(Amount in INR Crore)
TAN
Туре
Name of the entity
on
of
Ownership%
Results
(3/6/9/12 M)
Total Total Gross Net
Income Expenses Profit Profit
Associates
PNB Housing Finance Ltd
India 32.57%
Dec 21 (9M)
4775
3915
860
667
Subsidiaries
PNB Investment Services Ltd.
India
100.00%
Dec 21 (9M)
9
5
4
3
Subsidiaries
PNB Cards & Services Limited
Subsidiaries
PNB Gilts Ltd.
India 74.07%
India 100.00% Sept 21 (6M)
Dec'21 (9M)
0.29
0.86
-0.57 -0.57
757
606
151
117
Associates
PNB MetLife India Insurance Co. Ltd
India 30.00% Sept’21 (6M)
4796
4897
-101
-101
Associates
Canara HSBC OBC Life Insurance Co. Ltd
PNB (International) Ltd.
India
☐ 23.00%
Dec 21 (9M)
4495
4564
-69
-69
Subsidiaries
UK
100.00%
Mar'21 (12M)
177
150
27
-75
(FY: 1st April to 31st March)
Associates
India SME Asset Reconstruction Co. Ltd
India
20.90%
Sept❜21 (6M)
3
9
-6
-6
Druk PNB Bank Ltd.
Subsidiaries
Bhutan
51.00%
Dec'20 (12M)
123
95
28
6
(FY: 1st January to 31st December)
Everest Bank Ltd.
Joint Venture
Nepal
20.03%
July'21 (12M)
817
658
159
111
(FY: 16th July to 15th July)
7
Network, FI, Group Business and RRBs
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