PNB Housing Approves NCD Issuance Up To ₹10,000 Crore

Board approved private-placement NCD issuance of up to INR 10,000 crore in one or more tranches; CIO Anubhav Rajput's relieving date extended to on or before September 30, 2026. The authorization provides debt-funding capacity for planned loan-book expansion, but is not an immediate fund raise. Coupon, maturity, security and allotment timing remain undisclosed; eventual borrowing cost and leverage impact cannot yet be assessed.