Tag: Sumitomo Mitsui Banking

PNB Housing Finance raises Rs 522 crore via ECB from Sumitomo Mitsui Banking

NEW DELHI: PNB Housing Finance on Tuesday said it has raised fresh equity of Rs 522 crore ($75 million) as external commercial borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) of Singapore. The ECB is under the Reserve Bank of India’s automatic route of approval and the proceeds will be used by the company as […]

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