PNB Housing to Raise Rs 3,500 Cr via NCDs
Nov 24, 2023 19:32
PNB Housing Finance to raise Rs 3,500 crore through non-convertible debentures (NCDs) to fund business growth over the next six months.
New Delhi, Nov 24 (PTI) PNB Housing Finance on Friday said its board has approved a proposal to raise Rs 3,500 crore via non-convertible debentures (NCDs) to fund business growth.
The NCD will be raised on a private placement basis, PNB Housing Finance said in a regulatory filing.
The fund will be raised in tranches over the next six months, it said.
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