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PNB Housing Finance to issue up to 70B rupees of debentures

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PNB Housing Finance to issue up to 70B rupees of debentures

PNB Housing Finance Ltd. plans to issue up to 70 billion Indian rupees of secured and unsecured nonconvertible debentures.

The company will issue the debentures in multiple tranches.

As of Aug. 9, US$1 was equivalent to 68.76 Indian rupees.