PNB Housing Finance to raise Rs 4,000 crore led by Carlyle

PNB Housing Finance Ltd said on Monday its board of directors has approved a capital raise of up to Rs 4,000 crore led by entities affiliated to Carlyle Group Inc. The key objective is to augment capital adequacy, reduce gearing and accelerate growth with a focus on retail housing including self-employed and affordable housing loans like the Unnati segment. […]

PNB Housing Finance, Yes Bank in co-lending partnership

PNB Housing Finance and Yes Bank said on Friday they have entered into a strategic co-lending agreement to offer customised retail loans for homebuyers at competitive interest rates. Both organisations will jointly do due diligence and co-originate the loan at an agreed ratio. PNB Housing will service customers through the entire loan lifecycle including sourcing, documentation, and collection […]