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PNB Housing Finance raises funds worth Rs 95 crore

17 Aug 2018 Evaluate

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.

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