PNB Housing Finance has received approval for issuance of Non-Convertible Debentures (NCDs) aggregating up to Rs 2,000 crore on private placement basis. The Board of Directors of the company at its meeting held on June 14, 2022 has inter-alia considered and approved 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.