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PNB Housing Finance planning to raise up to Rs 2000 crore through NCDs

17 Jan 2023 Evaluate

PNB Housing Finance is planning to raise up to Rs 2000 crore through issuance of Non-Convertible Debentures (NCDs) on Private Placement Basis in one or more tranches. A meeting of the Board of Directors of the Company is scheduled to be held on January 24, 2023 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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