PNB Housing Finance is planning to raise funds up to Rs 10,000 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 on June 18, 2024, to consider 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.