The mortgage lender said it would also be evaluating other alternatives to raise capital. Its capital adequacy ratio stood at 20.7% at the end of September, higher than regulatory stipulation of 15%. “The primary objective is to raise capital to support the growth of the company,” the company said.
source https://economictimes.indiatimes.com/industry/banking/finance/pnb-housing-finance-board-approves-rs-2000-crore-fundraising-plan/articleshow/87490054.cms
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