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PNB Housing Finance to raise Rs 2000 crore through NCDs

08 Jun 2022 Evaluate

PNB Housing Finance is planning to raise Rs 2000 crore through issuance of Non-Convertible Debentures (NCDs) on Private Placement Basis. A meeting of the board of directors of the company is scheduled to be held on June 14, 2022 to consider and approve 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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