The company plans to raise the funds through the issuance of non-convertible debentures on a private placement basis, subject to the necessary board and shareholder approvals.

PNB Housing Finance is promoted by Punjab National Bank and is a registered housing finance company with National Housing Bank (NHB). The company’s asset base comprises primarily of retail loans and corporate loans. The retail business focuses on organized mass housing segment financing for acquisition or construction of houses. In addition, it also provides loan against properties and loans for purchase & construction of non-residential premises.

The company reported 19.2% rise in consolidated net profit to Rs 656 crore on a 10.8% increase in net interest income to Rs 813 crore in Q4 FY26 as compared with Q4 FY25. Total income for the period under review was Rs 2,171.91 crore, up 6.6% YoY.