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.