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PNB Housing Finance raises $200 million via ECB

06 Oct 2018 Evaluate

PNB Housing Finance has raised $200 million (Rs 1,470 crore) through External Commercial Borrowing (ECB), it’s first under the automatic route of Reserve Bank of India (RBI). The funds will be used for normal business operations i.e. lending purpose. This year RBI has allowed housing finance companies to borrow through ECB under the automatic route.

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.

PNB Housing Finance Share Price

1093.15 -5.80 (-0.53%)
21-Jul-2026 16:59 View Price Chart
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