PNB Housing raises ₹10,000 crore via NCDs

PNB Housing raises ₹10,000 crore via NCDs — PNB Housing Finance's board approved a ₹10,000 crore issuance of non-convertible debentures (NCDs) to bolster its capital structure and fund business expansion. The move strengthens liquidity and supports loan book growth in the housing finance segment. Market response will depend on subscription levels and interest rates offered.

📊 STOCKS: $PNBHOUSING | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Fundraise