Supports over 200 meritorious female students from underserved backgrounds, covering the full duration of their graduation programs, ahead of International Literacy Day
NEW DELHI (India CSR): On the occasion of International Literacy Day on 8th September, PNB Housing Finance awarded scholarships to over 200 meritorious girl students of Miranda House, University of Delhi, reinforcing the commitment to strengthening women’s education and empowerment. As part of its Pehel Shiksha education intervention, the Company extended its support to girls from underserved backgrounds with scholarships covering the full duration of their three-year graduation programs across diverse streams.
Access to higher education remains a significant challenge for many talented young women from economically disadvantaged families. By providing support throughout the duration of the degree, PNB Housing Finance aims to help reduce financial uncertainty and enable students to complete their education with confidence and dignity.
Speaking about the initiative, Ajai Kumar Shukla, MD & CEO, PNB Housing Finance Limited, said, “At PNB Housing Finance, we believe education is one of the most meaningful investments in the future. Our Pehel Shiksha scholarship programme is designed to support aspiring young women who have the ability to excel, but financial difficulties act as barriers in pursuing higher education. We are proud to strengthen our collaboration with Miranda House, one of the leading educational institutes of the country, for contributing to a more inclusive and equitable future for these future women leaders to realise their potential.”
Prof. Bijayalaxmi Nanda, Principal of Miranda House, said, “Higher education is the most reliable instrument of equality available to women in this country. It determines whether a young woman inherits her circumstances or reshapes them. Through its full three-year scholarship support, PNB Housing Finance provides more than financial assistance. It offers the stability and confidence students need to pursue ambitious goals instead of worrying about whether they can continue their education. We are proud to partner with an institution that sees education for women as a shared national responsibility.”
As part of the initiative, PNB Housing Finance hosted a mentorship engagement session at Miranda House, bringing together the 200 meritorious students and employee volunteers from the Company, creating a meaningful platform for exchange of ideas, aspirations and learning.
PNB Housing Finance Limited is promoted by Punjab National Bank and is a registered Housing Finance Company with National Housing Bank (NHB). The Company got listed on the Indian stock exchanges on 7th November 2016. The Company’s asset base comprises primarily of retail loans and corporate loans. The retail business focusses on organized mass housing segment financing for acquisition or construction of houses. In addition, it also provides loan against properties and loans for purchase & construction of non-residential premises. PNB Housing Finance is a deposit-taking Housing Finance Company.
