PNB Housing Finance has raised funds worth Rs 95 crore on private placement basis through issuance of series XLVII redeemable non-convertible debentures (NCDs). The date of allotment is August 20, 2018, with tenure of 1 year, 343 days. The NCDs will be redeemed on July 28, 2020.
PNB Housing Finance is a registered housing finance company with National Housing Bank (NHB). They provide housing loans to individuals and corporate bodies for construction, purchase, repair and up-gradation of houses.