PNB Housing Finance hasn't let out deadlines for Rs 1800 Cr equity raise
Mon, May 3, 2021 8:31 PM

PNB Housing Finance hasn't let out deadlines for Rs 1800 Cr equity raise

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PNB Housing Finance is yet to disclose the timelines of the proposed Rs 1,800 Cr equity raising scheme, planned two months ago. Its because the promoter Punjab National Bank refuses to infuse capital into it. Chief executive Hardayal Prasad expressed "I would not be able to comment on the large shareholders or any of the entities who would like to enter the terms of the capital raise."

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