PNBHOUSING2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member PNBHOUSING2020-04-012020-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PNBHOUSING2020-04-012020-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PNBHOUSING 2020-04-01 2021-03-31 2020-07-15 INR Crores First quarter Single segment PNB Housing provides housing loans to individuals and corporate bodies for purchase, construction, repair and upgradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots. 2020-04-01 2020-06-30 Unaudited Consolidated 18015200000.00 0.00 0.00 187500000.00 497900000.00 0.00 0.00 0.00 18700600000.00 22700000.00 18723300000.00 0.00 0.00 0.00 610000000.00 13635300000.00 159900000.00 8800000.00 0.00 0.00 750900000.00 263600000.00 15428500000.00 3294800000.00 0.00 3294800000.00 1024100000.00 -301100000.00 723000000.00 2571800000.00 0.00 0.00 0.00 0.00 2571800000.00 -860000000.00 1711800000.00 0.00 0.00 1681900000.00 10 15.29 15.29 0.00 0.00 15.29 15.29 0.00 0.00 0.00 1. The consolidated financial results have been prepared in accordance with lnd AS 110 - Consolidated Financla Statements, prescribed under section 133 of the Companies Act, 2013 (the Act) read with the relevant rules issued thereunder and the other relevant provisions of the Act. n2. The above financial results of the Company have been prepared in accordance with Indian Accounting Standards ('lnd AS') notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Rules, 2016. The financial results together with the results for the comparative reporting period have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting (lnd AS 34), prescribed under Section 133 of the the Companies Act, 2013, and other recognized accounting practices generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the Listing Regulations). n3. Assets under management (AUM) have decreased from~ 88,333 crore as on June 30, 2019 to~ 83,495 crore as on June 30, 2020 registering a decline of 5%. AUM as on March 31, 2020 was ~ 83,346 crore. Loan Assets have decreased from ~ 75,933 crore as on June 30, 2019 to ~ 68,009 crore as on June 30, 2020 registering a declirie of 10%.Loan assets as on March 31,2020 was~ 67,571 crore. n4. Gross NPA as on June 30, 2020 is 2.76% of the loan assets as against 0.85% as on June 30, 2019 and 2.75% as on March 31, 2020. Net NPAs of the Company is 1.67% of the loan assets as on June 30, 2020, against 0.65% as on June 30,2019 and 1.75% as on March 31 , 2020. n5. The Company is principally engaged in the business of providing loans for purchase or construction of residential houses. All other activities of the Company revolve around the main business and accordingly, there are no separate reportable segments, as per the lnd AS 108 Operating Segment specified under section 133 of the Companies Act, 2013. n6. Taxation Laws (Amendment) Ordinance 2019, dated September 20, 2019 provides an option to domestic companies to pay income tax at a concessional rate. The Company has elected to apply the concessional tax rate since 30 September 2019 and the taxes has been computed accordingly. n7. Reserve Bank of India (RBI) has issued guidelines relating to COVID 19 Regulatory Package dated March 27, 2020, Apr 17, 2020 and May 22, 2020. In accordance with the RBI guidelines, the Company has offered a moratorium on the payment of instalments falling due between March 01, 2020 and August 31, 2020 to all eligible borrowers classified as standard. Based on the current indicators of future economic conditions, the Company has retained ECL provision of ~ 471 crore for COVID 19 built as of March 31, 2020 in addition to normal ECL provision. Further, the Company has created additional ECL provision of~ 71 crore during this quarter. The Company believes ECL provision to be adequate. nThe extent to which the COVID 19 pandemic will impact the company's future results will depend on economic developments, which are highly uncertain, including among other thing, any new information concerning the severity of the COVID-19 pandemic and any action to contain its spread or mitigate its impact whether government mandated or elected by the Company. The Company will continue to closely monitor any material changes to future economic conditions. However, operating in the secured mortgage asset business we believe we hold a much stable asset class which can withstand the pandemic relatively better compared other asset classes. n8. During the quarter ended June 30, 2020, there were no transactions in the nature of exceptional or extraordinary Other expenses 263600000.00 0.00 0.00 0.00 0.00 -860000000.00