MoneyWorks4Me

PNB Housing Finance to raise up to Rs 3500 crore through NCDs

17 Nov 2023 Evaluate

PNB Housing Finance is planning to raise up to Rs 3500 crore through issuance of Non - Convertible Debentures (NCDs) on Private Placement Basis, in tranches over the next six months. A meeting of the Board of Directors of the Company is scheduled to be held on November 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.


Peers