PNB Housing Finance has successfully raised $265 million (Rs 1,853 crore) through fresh External Commercial Borrowing (ECB) on December 28, 2018. The funds will be utilised for normal on-lending operations of the company.
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.