PNB Housing Finance has received an approval for issuance of Non - Convertible Debentures (NCDs) in tranches aggregating up to Rs 5,000 crore on Private Placement Basis. The Board of Directors of the company at its meeting held on June 22, 2023 has inter alia 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.