Categories: Business

PNB Housing Finance ties-up with JICA to raise $75 million

Punjab National Bank Housing Finance has partnered with Japan International Cooperation Agency (JICA) to raise 75 million dollars. The Citibank will also co-finance 25 million dollars to finance the mortgage loans in the affordable housing segment. This partnership also states first debt funding by Japan International Cooperation Agency (JICA) in the housing finance sector in India.

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The partnership aims to facilitate low-income households of India with affordable housing, based on the Facility for Accelerating Financial Inclusion in Asia.

Important takeaways for all competitive exams:

  • Managing Director of PNB Housing Finance: Sanjaya Gupta.

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Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

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