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PNB Housing Finance gets nod for fund raising of up to Rs 2,500 crore

10 Mar 2022 Evaluate

PNB Housing Finance’s Board has approved fund raising of up to Rs 2,500 crore through a rights issue. The issue price, rights entitlement ratio, record date, timing and terms of payment would be determined in due course.

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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