PNB Housing Finance ₹300 Cr NCD Allotment

PNB Housing Finance allotted 30,000 secured, rated, redeemable NCDs aggregating ₹300 Crore via private placement on March 30, 2026.
The 3-year floating rate NCDs carry an initial coupon of 7.10%, thereafter linked to 3-Month T-Bill plus a spread of 187 bps.
NCDs are to be listed on NSE's Wholesale Debt Market segment, with bullet principal repayment on March 30, 2029.