PNB Housing Finance To Raise $100m From JICA, Citibank

PNB Housing Finance To Raise $100m From JICA, Citibank


India-based PNB Housing Finance has reached an agreement to raise $100m from the Japan International Cooperation Agency (JICA) and Citibank. PNB intends to use the funding to provide loans in the affordable housing segment for low-income households. As per the agreement, JICA will provide long term finance of $75m, while Citibank will provide the remaining […]



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