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PNB Housing Finance MD & CEO Ajai Shukla is targeting the Rs 1 lakh crore milestone within the next six months, with affordable and emerging housing poised to drive the company’s next phase of expansion.

PNB Housing Finance is aiming to increase the share of affordable housing and emerging market loans in its overall advances going ahead to aid its margins, MD & CEO Ajai Kumar Shukla told NDTV Profit in an exclusive interaction.

In an exclusive interview, Satish Singh, Chief People Officer, PNB Housing Finance, shares insights on ESG strategy, CSR initiatives, employee volunteering and the future roadmap of Pehel Foundation impacting over 8 lakh lives.

Anubhav Rajput, CIO & CTO of PNB Housing Finance, outlines the transition of Indian mortgage lending from paper-based systems to digital, AI-driven platforms.

Ajai Shukla tells Moneycontrol that the company is working with credit rating agencies, as there is opportunity for improvement in credit rating as well, based on performance.

PNB Housing Finance expects to disburse loans worth Rs 1,000 crore for affordable housing by December 2023, less than a year after foraying into the segment, as it sees a big opportunity in tapping homebuyers who do not have access to formal credit.

PNB Housing Finance expects to grow its overall loan book to about ₹1 lakh crore in the next couple of years from ₹77,732 crore as at June-end 2025.

PNB Housing Finance plans to grow its retail loan book to ₹1 lakh crore by March 2027. It will expand the affordable housing segment by 60-70% each year and aims for high yields. The lender's assets under management were ₹74,724 crore in September 2024. It also aims to increase branches to 200 by FY25.

PNB Housing Finance Ltd.'s net interest margin is expected to rise after the next three quarters, riding on the change in its loan portfolio mix, according to Chief Executive Officer Girish Kousgi. Speaking to NDTV Profit, Kousgi said that the home loan provider is not looking to update its NIM guidance for the current financial year and things will start improving only after three–four quarters.
 

PNB Housing Finance’s borrowing cost declined in the July-September quarter on improved ratings and availability of cheap funds through the National Housing Bank (NHB), managing director and chief executive officer Girish Kousgi told Moneycontrol in an exclusive interview.

PNB Housing Finance plans to restart its corporate book in a small way. As on September 30, the corporate book stands at Rs 1,531 crore. In the next financial year, the company is also planning to launch another vertical, Girish Kousgi, managing director and CEO at PNB Housing Finance told Financial Express.

PNB Housing Finance Ltd is looking to re-grow its commercial mortgage portfolio after it substantially improved the asset quality of its corporate loan book. The lender is looking to bulk up its commercial portfolio, even if marginally, to make up for the reduction in high-ticket lending to individuals as it shifts its focus to smaller housing loans.
 

PNB Housing Finance, backed by Carlyle, aims to grow its affordable loan book to ₹15,000 crore by FY27. Currently, the affordable housing sector contributes ₹2,500 crore. The lender plans to shift focus to high-yielding segments and expects its overall loan book to grow by 18% in the next three years.
 

PNB Housing Finance is aiming to grow its affordable housing book by 19 percent in the fiscal year 2025, its MD&CEO Girish Kousgi said in an exclusive interview with Moneycontrol.

PNB Housing Finance has reported a 25% growth on year in the first fiscal to get a profit of Rs. 433 crores, from Rs. 347 crores a year ago as the company saw good productivity in the 100 branches it added from December last year to March 2024.

In an special interaction with Zee Business, our MD & CEO Girish Kousgi mentions that PNB Housing Finance is optimistic about maintaining its asset quality and sustaining the current margin levels by focussing on the affordable and emerging market segments.

PNB Housing Finance will start Loan Against Property (LAP) as a separate segment from April 2025, managing director and chief executive officer Girish Kousgi said. The company, in a release, said that it is keen to beef up its non-housing portfolio to 30 percent of its retail product mix, enhancing its LAP offerings with customer-friendly features.
 

PNB Housing Finance aims to maintain a net interest margin just below 4% and reduce the rising cost of funds. The lender expects to access cheaper funds from NHB and a potential rating upgrade, which would lower borrowing costs.

In an exclusive interaction with Moneycontrol, our MD & CEO Girish Kousgi said that the company is aiming for overall growth of 17-18% and disbursal growth of around 20-25% in FY24.

When repaying a home loan, borrowers must choose between lowering EMIs for more liquidity or reducing tenure to save interest, considering their financial goals and cash flow situation.

PNB Housing Finance CEO Girish Kousgi draws leadership lessons from cricket and music, stressing discipline, agility, and emotional intelligence. He believes in staying grounded, empowering teams, and leading with empathy, especially during business challenges and strategic transformations.
 

Major mortgage financier PNB Housing Finance will ramp up its affordable and emerging market loan book in FY26, while gradually building its newly launched product of loans against property (LAP), MD & CEO Girish Kousgi told businessline in an interaction.

Girish Kousgi, MD & CEO, PNB Housing Finance reveals the achievements in growth, expansion, funding, digitization and talent.              
 

PNB Housing Finance aims to grow its retail loan book, which is now about 98% of overall book, by 17-18% over the next couple of years.
 

PNB Housing has scaled up its targets for affordable housing with the new Prime Minister’s Awas Yojana scheme having features that prevent a churn in home loans. The long-term goal is to have the book reach Rs15,000 crores by March 2027.

Of the ₹1 trillion estimated portfolio by FY27, the mortgage lender plans to have about 15% in affordable housing loans. While the loan size in the affordable housing segment is ₹13-14 lakh, the emerging and prime segments have ticket sizes of ₹25 lakh and ₹35 lakh, respectively.

PNB Housing Finance will start Loan Against Property (LAP) as a separate segment from April 2025, said Girish Kousgi, MD & CEO, PNB Housing Finance, on Tuesday. LAP will be a part of the retail business, which includes the prime, affordable, and the emerging housing segments.

In every great career, there are moments that define a leader's tenure. For Girish Kousgi, one of the most daring moves was shifting the company's focus from the super-prime market to affordable housing.

After a three-year hiatus, PNB Housing Finance is looking to grow its corporate loan book from the current quarter (Q3) of FY25, Girish Kousgi, MD & CEO of the housing finance firm, told Business Standard. Having said that, the mortgage lender’s focus would continue to be the emerging and affordable housing segment.

PNB Housing Finance Ltd (PNBHFL), country’s third-largest housing finance lender, plans to resume expanding its corporate lending portfolio this quarter as part of a strategy to enhance overall margins, according to Girish Kousgi, Managing Director & CEO. The corporate book will however remain below 10 percent of the total portfolio at all times.
 

The Company's business performance has improved at the back of reduced GNPAs as it looks to access NHB funds at lower costs.

On the back of the increase in branch network and focus on affordable housing loan, PNB Housing Finance has enough capital to sustain its growth for the next 2-3 years, Mr. Girish Kousgi said in an exclusive interview.

Our MD & CEO Girish Kousgi penned an article on the promising outlook for India's affordable housing market, which will further propel the demand for housing finance in India.

PNB Housing Finance aims to increase its share of the affordable housing segment in overall loan disbursal from 10% to 40% within 3-4 years. The affordable housing segment, named Roshni, achieved a loan book of Rs 1,000 crore in less than a year.

At the inauguration of first all-women branch in the country, PNB Housing Finance stated that it is targeting an increase in its affordable housing branches to 160 by the end of this financial year.

PNB Housing Finance is looking to grow its retail book by 17% this fiscal, according to Mr. Girish Kousgi. The company closed the financial year 2023-24 with the retail book of ₹63,000 crore.

PNB Housing Finance will restart its corporate business, its MD&CEO, Girish Kousgi, tells Business Standard in an interview. The company, he says, will grow at a pace faster than the industry average.