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PNB Housing Finance to raise Rs 5000 crore through NCDs

19 Jun 2023 Evaluate

PNB Housing Finance is planning to raise fund of Rs 5000 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 22, 2023 inter alia 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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