PNB Housing Finance has raised Rs 400 crore through the allotment of 40,000 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,000, through private placement. The Management Committee for allotment of NCDs, as authorized by the Board of Directors of the Company, has on July 23, 2025, approved allotment of 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.