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PNB Housing Finance planning to raise funds up to Rs 2,500 crore through NCDs

18 Feb 2025 Evaluate

PNB Housing Finance is planning to raise up to Rs 2,500 crore through issuance of Non-Convertible Debentures (NCDs) on Private Placement Basis, in tranches. A meeting of the Board of Directors of the Company is scheduled to be held on February 22, 2025, 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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