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10-Aug2018

PNB Housing Finance gets nod to raise Rs 7,000 crore via NCDs

PNB Housing Finance has received an approved for raising of funds aggregating upto an amount Rs 7,000 crore through issuance of secured and unsecured Non-Convertible Debentures (NCDs) in tranches. The meeting of the Board of Directors of the company held on August 9, 2018, approved 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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