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PNB Housing Finance planning to raise Rs 10,000 crore via NCDs

15 Jan 2019 Evaluate

PNB Housing Finance is planning to raise funds aggregating up to Rs10,000 crore through issuance secured and unsecured non-convertible debentures (NCDs). The Board of Directors of the Company in its meeting to be held on January 24, 2019 to consider the same.

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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