is considering raising up to ₹5,000 crore by issuing non-convertible debentures (NCDs), subject to necessary approvals. The move is aimed at strengthening the company’s funding base and supporting its lending operations. The housing finance company has been focusing on expanding its retail loan book while ensuring a stronger balance sheet and asset quality. By tapping the debt market through NCDs, the firm plans to diversify its borrowing profile and secure long-term funds at competitive rates. PNB Housing Finance has been steadily improving its financial performance, aided by a growing demand for housing loans and a sharper focus on affordable housing. The proposed fundraise is expected to provide the company with additional liquidity to meet credit demand, while also helping maintain adequate capital buffers in a rising interest rate environment. Source: NDTV Profit No Recommendations

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