PNB Housing to raise $1 billion via ECB

PNB Housing Finance today said it proposes to raise United States dollars 1 billion (about Rs 6,500 crore) through external commercial borrowing window to fund business expansion.

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With domestic liquidity conditions remaining tight, housing finance companies have lined up proposals to raise funds through the external commercial borrowing (ecb) route that was. for raising an.

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is mulling raising 700-1,000 crore through external commercial borrowings (ECB), said chief executive V.K.Sharma. Last month, the Reserve Bank of India (RBI) allowed real estate developers and.

This will not be on the agenda at the May 9 meeting where the board will consider raising $1 billion in external commercial borrowing (ecb). pnb housing may raise up to Rs 2,000 crore fresh equity this fiscal.

PNB Housing Finance to raise $ 1 billion via ECB. PNB Housing Finance on Thursday said it proposes to raise USD 1 billion (about Rs 6,500 crore) through external commercial borrowing window to fund business expansion.

PNB Housing Finance on Thursday said it proposes to raise USD 1 billion (about Rs 6,500 crore) through external commercial borrowing window to fund business expansion.

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The housing arm of the state-run Punjab National Bank (PNB) on Thursday said that it will consider raising up to $1 billion through external commercial borrowings (ECB) and issuing non-convertible.

The housing arm of the state-run Punjab National Bank (PNB) on Thursday said that it will consider raising up to $1 billion through external commercial borrowings (ECB) and issuing non-convertible debentures worth up to Rs 10,000 crore in its board meeting on May 9.

New Delhi, May 2 (IANS): The PNB Housing Finance board will consider fund raising up to $1 billion through debt instruments of external commercial borrowings (ECB) and non-convertible debentures (NCDs) in its upcoming board meeting on May 9. The housing arm of the state-run Punjab National Bank (PNB) on Thursday said that it will consider raising up to $1 billion through external commercial.