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.