Archive · 5 Sep 2025

PNB Housing Finance Plans ₹5,000-Crore NCD Issuance

PNB Housing Finance Plans ₹5,000-Crore NCD Issuance

PNB Housing Finance, a company that lends money for houses, announced it will issue bonds worth ₹5,000 crore to raise funds.

This was decided by the company's board.

The company also shared its financial results for the first three months of 2025, showing it made more money than the same time last year.

Profits, income and revenue all increased.

The percentage of loans that were not being paid back also decreased.

The company's stock price went up slightly on the day of the announcement.

Sources