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The Economic Times

Mortgage lenders plan to raise $2 billion via overseas loans

Housing finance companies like PNB Housing Finance, Godrej Capital, and Hudco are exploring overseas markets to raise over $2 billion due to rising funding costs. They are also entering the affordable housing segment. Companies aim to diversify borrowing sources and reduce reliance on banks to manage costs and improve margins.

The Economic Times

Bajaj Housing Finance's stock performance to chart HFC shares’ path

Shares of housing finance companies fell after Bajaj Housing Finance's strong debut, as investors considered the prior run-up excessive. The future performance of these shares depends on Bajaj Housing Finance's stock. PNB Housing Finance and LIC Housing Finance saw significant declines, while others like Can Fin Homes and Aavas Financiers also dropped.

Mint

LIC Housing, PNB Housing shares dip up to 6.3% as Bajaj Housing Finance makes stellar debut

Bajaj Housing Finance, a key player in India's housing sector, debuted on the NSE at ₹150 apiece, a 114.29 per cent premium over its IPO price. It garnered record subscriptions over ₹3 lakh crore, reflecting strong investor demand and positioning within the expanding housing finance market.

Business Standard

Bajaj Finance, housing finance cos dip up to 6% post Bajaj Housing listing

LIC Housing Finance, PNB Housing Finance, Can Fin Homes and Bajaj Finance dropped in the range of 4 per cent to 6 per cent

Business Standard

Housing finance stocks soar upto 15% ahead of Bajaj Housing Finance listing

Bajaj Housing Finance listing: GIC Housing Finance, Home First Finance Company India, PNB Housing Finance and Can Fin Homes rallied between 5 per cent and 15 per cent today

CNBC TV18

PNB Housing Finance to raise ₹2,500 crore via NCDs on private placement basis

Shares of Prestige ended at ₹1,078.90, up by ₹53.35, or 5.20% on the BSE.

The Economic Times

PNB Housing Finance shares jump over 5%, hit 52-week high on Rs 2,500 crore NCD plans

PNB Housing Finance Share Price: Shares of PNB Housing Finance surged 5.4% to a 52-week high of Rs 1,109.9 on the BSE during Thursday’s trading. The increase followed the company’s announcement of plans to raise nearly Rs 2,500 crore through NCDs on September 9. According to an exchange filing, the board will meet on September 9, 2024, to consider and approve the issuance of up to Rs 2,500 crore in NCDs via private placement in tranches over the next six months.

CNBC TV18

PNB Housing Finance to raise nearly ₹2,500 crore via NCDs on September 9

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The Economic Times

PNB Housing sees growth emerging & affordable spaces: MD Girish Kousgi

PNB Housing Finance, backed by Carlyle, aims to grow its affordable loan book to ₹15,000 crore by FY27. Currently, the affordable housing sector contributes ₹2,500 crore. The lender plans to shift focus to high-yielding segments and expects its overall loan book to grow by 18% in the next three years.