<ul data-eligibleForWebStory="false"><li>PNB Housing Finance Board recommends issuing non-convertible debentures (NCDs) worth up to Rs 10,000 crore on a private placement basis, subject to shareholders' approval.</li><li>The firm sets the record date of Aug. 1 for a dividend of Rs 5 per share, pending approval at the upcoming annual general meeting.</li><li>UBS initiated coverage on PNB Housing Finance with a 'buy' rating and set a price target of Rs 1,300 amidst positive outlook.</li><li>Thirteen analysts have a 'buy' rating on PNB Housing Finance, with an average 12-month price target suggesting a potential upside of 12.8%.</li></ul>

PNB Housing Finance Board Recommends Issue Of NCDs Worth Rs 10,000 Crore

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