CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%

  • Posted on August 2, 2025
  • By Business News Today
  • 1 Views
CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%

PNB Housing Finance shares plummeted over 17% following CEO Girish Kousgi's unexpected resignation, marking its worst fall since 2018. Kousgi, known for revitalizing struggling lenders, leaves a leadership void, being the third top-level exit this fiscal year.
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